Boston, Oct. 22 (Korea Bizwire) — Catastrophe risk modeling firm AIR Worldwide estimates that industry insured losses from Typhoon Hagibis, which made landfall in Japan on October 12, will be between JPY 865 billion (USD 8 billion) and JPY 1,730 billion (USD 16 billion), with more than half of the losses due to inland flooding. [...]
LOS ANGELES, Oct. 9 (Korea Bizwire) – Imperial Capital, LLC (“Imperial Capital”), today announced hiring Kevin O’Brien, a senior Capital Structure Research Analyst, in its Institutional Research Group. Kevin, a Wall Street veteran in leveraged finance, joins as a Managing Director in the Firm’s Stamford, CT office, as Imperial Capital broadens its research efforts in analysis of [...]
LONDON, Oct. 2 (Korea Bizwire) — CUBE has announced that its regulatory intelligence and regulatory change management solution has achieved the overall number one ranking in the 2019 Market FinTech RegTech Suppliers Report. CUBE’s Digital Regulation Platform (DRP) was awarded the top spot in four key categories: Compliance, Risk and Due Diligence Universal Tool Regulatory [...]
Denver, Colorado, Oct. 1 (Korea Bizwire) — Financial Planning Standards Board Ltd. (FPSB) and the global community of professional financial planning bodies representing over 181,000 CERTIFIED FINANCIAL PLANNER® professionals worldwide unite on Wednesday, 2 October, to celebrate the third annual World Financial Planning Day (#WFPD). The FPSB network is partnering with the International Organization of Securities [...]
JAKARTA, Sept. 22 (Korea Bizwire) — JULO, a leading peer-to-peer lender offering personal loans across Indonesia, today announced a $10 million extension round to its Series A financing. The round was led by Quona Capital, a leading fintech venture firm whose funds are sponsored by Accion, with participation from existing investors Skystar, East Ventures, Provident, [...]
TORONTO, Sept. 19 (Korea Bizwire) — AGF Management Limited (TSX:AGF.B) today confirms a merger between Smith & Williamson and Tilney to create the U.K.’s leading integrated wealth management and professional services group with over £45 billion in assets under management and £500m of revenues. “AGF would like to congratulate Smith & Williamson and Tilney on [...]
NEW YORK, Sept. 18 (Korea Bizwire) — Nasdaq (Nasdaq: NDAQ) today announced it has been selected as a North American index component of the Dow Jones Sustainability Index (DJSI), one of the most prestigious corporate sustainability ranking efforts, for the fourth consecutive year. Nasdaq maintains its industry leadership as the only stock exchange operator selected [...]
NEW YORK, Sept. 16 (Korea Bizwire) — Nasdaq (Nasdaq: NDAQ) and Wilmington Trust today announced the first-ever tickers for Collective Investment Trusts (“CITs”) on Nasdaq Fund Network (NFN). NFN is a global dissemination service whose mission is to bring greater retail investment transparency to the world’s financial markets. NFN and Wilmington Trust, a leader in [...]
Boston, Sept. 15 (Korea Bizwire) — Catastrophe risk modeling firm AIR Worldwide estimates that industry insured losses from Typhoon Faxai, which made landfall in Japan on September 9, will be between JPY 340 billion (USD 3 billion) and JPY 740 billion (USD 7 billion). AIR Worldwide is a Verisk (Nasdaq:VRSK) business. According to AIR, Typhoon [...]
BEIJING, Sept. 10 (Korea Bizwire) — Sky9 Capital, an early-stage venture capital firm that invests in Chinese technology start-ups, announced today that it has closed a new set of funds with $440 million in capital commitments, including Sky9 Capital Fund IV, L.P. and Sky9 Capital MVP Fund, L.P. The new funds build on top of [...]