Analysis: Odey scandal prompts Wall Street rethink on how to vet hedge funds

[ad_1] Banks could have severed Odey ties earlier -sources Tighter vetting on conduct is on the way -sources LONDON, June 15 (Reuters) – Wall Street firms are poised to reassess…

Analysis: City distances itself from hedge fund boss Odey in tentative #MeToo shift

[ad_1] LONDON, June 10 (Reuters) – Big banks and investors quickly sought to distance themselves from Odey Asset Management after allegations of sexual misconduct by its founder, yet for some…

Exxon declares force majeure on crude liftings in Nigeria

[ad_1] HOUSTON, April 17 (Reuters) – (This April 17 story has been corrected to reflect that divestiture had not been concluded in paragraph 3) Exxon Mobil Corp. (XOM.N) in Nigeria…

Analysis: Vaccine bond sales to soar to fund COVID-19 shots for poor countries

[ad_1] LONDON, Dec 22 (Reuters) – Socially conscious bond investors will be targeted in a coming wave of vaccine bond deals that will seek to provide billions of dollars for…

Two former Julius Baer CEOs reprimanded following money laundering inquiry

[ad_1] ZURICH, Jan 21 (Reuters) – Two former CEOs of private bank Julius Baer (BAER.S) were reprimanded on Thursday by Switzerland’s financial regulator after an inquiry into money laundering in…

Britain’s LR to focus on shipping with sale of division to Goldman Sachs arm

[ad_1] LONDON, June 29 (Reuters) – British professional services provider Lloyd’s Register (LR) has agreed to sell its business assurance and cyber security division to Goldman Sachs Asset Management as…

Slowly, European regulators turn up the heat on greenwashing

[ad_1] Britain, France among those to find concerning cases Lawyers say DWS investigations fanning ESG fears Potential enforcement hampered by evolving definitions LONDON, Nov 4 (Reuters) – European financial regulators…

Ex-Commerzbank banker wins $370,000 in sex discrimination claim

[ad_1] Senior banker wins award after near seven-year battle Employment tribunal says she had a 60% chance of promotion Commerzbank in early stages of appeal LONDON, March 20 (Reuters) –…

Canadian buyer aims to improve Pornhub owner’s reputation

[ad_1] TORONTO, March 17 (Reuters) – Ethical Capital Partners (ECP) this week bought Pornhub owner MindGeek, its first ever acquisition, with the aim of improving the internet platform’s reputation, the…