What changes following Nuveen’s acquisition of Schroders? The combined firm has outlined its investment platform, leadership structure and plans for London.
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The squabbling heirs running Delfin, one of Italy’s biggest companies, have “trumped” the television series Succession, says The Times, proving that “truth can be stranger than fiction”. The hit TV drama featured four siblings vying for control of their family empire. At Delfin – the €55 billion holding company behind Ray-Ban’s owner EssilorLuxottica – there…
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Key takeaway: The FDIC and Louisiana’s Office of Financial Institutions pursued a wide-ranging consent order against First Guaranty, even after the bank demonstrated significant progress reducing its levels of nonperforming and criticized loans. Forward look: A branch sale completed last week should boost the bank’s capital, moving it closer to complying with a major requirement…
Municipal bonds were little changed on Tuesday, as U.S. Treasuries richened slightly and equities ended mixed. Processing Content Muni yields richened or cheapened by up to one basis point, depending on the scale. UST yields were up to one basis point firmer. Munis are in a holding pattern ahead of the consumer price index report,…
Foreclosures climb as financially stretched borrowers turn to short sales – Scotsman Guide Skip to content error: Content is protected !! This website uses cookies to enhance user experience and to analyze performance and traffic on our website. We may also share information about your use of our site with our social media,…
Canada’s federal banking watchdog has given financial institutions clearer room to experiment with deposits recorded on digital ledgers. On September 10, 2026, the Office of the Superintendent of Financial Institutions published a short statement confirming that a deposit does not become a new legal product merely because it is represented as a token or transferred…