The combination of telecommunication companies Oi and PT has taught Brazilian investors the downside of public M&A. A more thorough review of disclosures is likely to occur in future deals.
ETMFs open the door to fancier baskets The success of investment management firm Eaton Vance's exchange traded mutual funds (ETMF) could lead to new US products that also attempt to mirror more than one fund type. ETMFs combine the intraday trading ability of an exchange traded fund (ETF) with net asset value (NAV) pricing used in mutual funds. This offers actively-managed ETFs a way to protect their proprietary indexes.
Banks that favour a single point of entry model may be at greater risk of placing one of their subsidiaries into resolution under the FSB's TLAC proposal
House of Representatives Democrat Elijah Cummings has told IFLR why he wants US banks to explain how they will benefit from the roll-back of swaps regulations
The combination of telecommunication companies Oi and PT has taught Brazilian investors the downside of public M&A. Local investors have called for more thorough disclosures going forward
Last month the US eased its trade and travel restrictions on Cuba, including easing restrictions on financial institutions. The policy change follows an announcement by President Obama in December to change the 54 year-old policy. Obama can't lift the trade embargo without approval from Congress, but through the Treasury and Departments of Commerce he was able to ease some of the rules.
