Investment Banking

Chi-X Japan Limited, a wholly owned subsidiary of market operator Chi-X Global Holdings LLC, has successfully launched Chi-Match™ VWAP Cross (Volume Weighted Average Price) on September 1, 2014.

ING Group will, as of today, be included in the EURO STOXX® Banks Index, with a weighting of 3.83%, and in the STOXX® Europe 600 Banks Index, with a weighting of 7.60%.

Although the consensus regarding demand for the first TLTRO has tended to sag in recent trading sessions, the disappointment was great. Whereas demand was expected to reach between EUR 100bn and EUR 150bn, the European Central Bank (ECB) will in fact allot only EUR 86.2bn on 24 September.

The California Public Employees’ Retirement System (CalPERS) has $88 million more in its investment portfolio thanks to a payment received this week from the California Attorney General’s Office as part of a global settlement reached by the US Department of Justice, FDIC, and various state attorney generals with Citigroup in July.

According to Warwick Business School Professor Qing Wang, the strong performance and fast rise of the Chinese technology companies in the world may shock some outsiders. It is certainly helped by an enormous and fast growing domestic market, but there is more...