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Intesa Sanpaolo Presents Industrial Districts Report. Gros-Pietro, Excellent Rebound from Covid

Intesa Sanpaolo Presents Industrial Districts Report. Gros-Pietro, Excellent Rebound from Covid

MILAN, Italy, July 19 (Korea Bizwire) — Focus on the rebound of businesses after the pandemic in Intesa Sanpaolo’s “Economy and Finance of Industrial Districts 2022″ Report, now in its 15th edition. It was presented by the Intesa Sanpaolo Chairman Gian Maria Gros-Pietro, the Chief Economist Gregorio De Felice and the Head of Industry & [...]

B3 and Nasdaq Announce Partnership to Develop New Clearing Platform

B3 and Nasdaq Announce Partnership to Develop New Clearing Platform

SÃO PAULO, Brazil, July 10 (Korea Bizwire) — B3 and Nasdaq (Nasdaq: NDAQ) have announced a partnership to develop a new clearing platform for the Brazilian stock exchange, responsible for the clearing, settlement, and management of counterparty risk associated with financial market transactions. The agreement is another step in B3′s long-term strategic vision of working [...]

CIP Reaches First Close on CI V at Nearly EUR 6 Billion – Set to Become the World’s Largest Fund of Its Kind

CIP Reaches First Close on CI V at Nearly EUR 6 Billion – Set to Become the World’s Largest Fund of Its Kind

COPENHAGEN, Denmark, July 10 (Korea Bizwire) — A large group of leading institutional investors across continental Europe, the Nordics, the UK, North America, and the Asia-Pacific region participated in the first close of CI V. Backed by the strong appetite of additional investors already in process, the fund is on track to reach its target [...]

Roadzen, Inc. Bolsters U.S. Presence with Completion of National Automobile Club Acquisition

Roadzen, Inc. Bolsters U.S. Presence with Completion of National Automobile Club Acquisition

NEW YORK, July 6 (Korea Bizwire) — Roadzen, Inc. (“Roadzen” or the “Company”), a global insurance technology company, today announced completion of its acquisition of National Automobile Club (“National Automobile Club” or “NAC”), one of the oldest commercial auto clubs in the U.S., in a move that will bolster Roadzen’s U.S. presence and help the [...]

ATFX Expands its Global Reach with Acquisition of Rakuten Securities Australia

ATFX Expands its Global Reach with Acquisition of Rakuten Securities Australia

SYDNEY, Australia, July 5 (Korea Bizwire) — ATFX, a global leading online trading CFDs broker, has announced its acquisition of Rakuten Securities Australia Pty Ltd (“RSA”), a subsidiary of Rakuten Securities, Inc., further strengthening its position in the Australian market and expanding its global footprint. This strategic move marks a significant milestone for ATFX as [...]

Depósito Central de Valores to Digitize Securities, Leveraging Nasdaq Technology

Depósito Central de Valores to Digitize Securities, Leveraging Nasdaq Technology

NEW YORK and SANTIAGO, Chile, June 29 (Korea Bizwire) — Nasdaq (Nasdaq: NDAQ) and Depósito Central de Valores (DCV) today announced an extension of their technology partnership, which will allow DCV to issue and settle digitized securities. Incorporating this service will differentiate DCV as a first mover in the tokenization of assets whilst providing its [...]

Copenhagen Infrastructure Partners and Wega Form Strategic Partnership in Finland

Copenhagen Infrastructure Partners and Wega Form Strategic Partnership in Finland

COPENHAGEN, Denmark, June 27 (Korea Bizwire) — Under the partnership announced today, CIP and WEGA will join forces to source, develop, and construct advanced bioenergy projects in Finland – primarily focused on technologies such as biogas and gasification. The collaboration brings together CIP’s expertise in financing and developing large-scale green transition infrastructure and Wega’s expertise [...]

Chrysalix Venture Capital Announces First Close for New Fund Supporting Carbon Neutral Strategies and Carbon Economy Opportunities

Chrysalix Venture Capital Announces First Close for New Fund Supporting Carbon Neutral Strategies and Carbon Economy Opportunities

Delft, Netherlands and Vancouver, Canada, June 25 (Korea Bizwire) — Chrysalix Venture Capital, an experienced and early stage industrial sustainability investor, announces the first close of its fifth fund, the Carbon Neutrality Fund. The Fund will invest in early-stage companies across the globe that are developing technologies to enable carbon neutrality for industries such as [...]

Capital Market Authority: The Kingdom Has Achieved Advanced Ranks in Indicators Related to the Financial Market

Capital Market Authority: The Kingdom Has Achieved Advanced Ranks in Indicators Related to the Financial Market

RIYADH, Saudi Arabia, June 22 (Korea Bizwire) — The Kingdom of Saudi Arabia has made exceptional progress in the 2023 IMD World Competitiveness Yearbook rankings. From 2022 to 2023, the Kingdom advanced from 24th to 17th rank, marking a tremendous leap in its global standing. According to the yearbook, six of the twelve capital market indices [...]