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The Lebanese central bank chief has been probed by a $ 300 million corruption scam wiredprnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wiredprnews.com Daily Mail and Mail on Sunday newspapers.
Montreal's Cordiant Capital launches British fund to buy digital infrastructure assets theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.
Cordiant Digital Infrastructure Limited (the Company ) is pleased to announce its intention to launch an initial public offering and to admit its shares on the Specialist Fund Segment of the Main Market of the London Stock Exchange. The Company will seek to generate attractive total returns over the longer term, comprising capital growth and a progressive dividend, through investment in the core infrastructure of the digital economy (the plumbing of the internet ): data centres, fibreoptic networks and mobile towers in the UK, Europe and North America.
The Company is targeting an issue of 300 million Ordinary Shares at an Issue Price of 100 pence per Ordinary Share to raise £300 million pursuant to the Initial Issue comprising the Initial Placing and the Offer for Subscription. Subscription Shares will be issued for nil value to IPO investors subscribing for Ordinary Shares on the basis of one Subscription Share for every e ....
Ex-Julius Baer CEO Collardi Reprimanded in Laundering Probe This content was published on January 21, 2021 - 12:05 January 21, 2021 - 12:05 (Bloomberg) Ex-Julius Baer Group Ltd. Chief Executive Officer Boris Collardi was reprimanded by Switzerland’s financial regulator over a money laundering probe that’s cast a shadow over his move to Geneva private bank Pictet & Cie. Collardi won’t face further penalties in the case, related to alleged corruption in Venezuela, according to a statement he sent on Thursday. Separately, Swiss watchdog Finma said it’s starting enforcement proceedings against one unidentified Baer manager. The actions come almost a year after the regulator said the bank fell significantly short in combating money laundering in its Latin American business between 2009 and early 2018. ....
SNBâs Frenzied Currency Battle May Give Way to Easier 2021 This content was published on December 16, 2020 - 05:00 December 16, 2020 - 05:00 (Bloomberg) Swiss National Bank President Thomas Jordan has reason to expect a less intense 2021 after a multi-billion currency battle this year that put Switzerland in the crosshairs of U.S. authorities. The combination of a landmark European Union fiscal package and the anticipated global economic recovery driven by the rollout of Covid-19 vaccines will likely dampen demand for haven assets such as the Swiss franc, and a survey sees the currency weakening through 2021. That should bring relief for Jordan ahead of the last scheduled policy decision of 2020 on Thursday. It means the SNB wonât have to dig as deep as it did this year to prevent the currency from appreciating, spending 90 billion francs ($102 billion) in the first half alone in an escalation of its seemingly endless currency fight. ....