ARCHIVE December2022

Financial News reveals 2023 awards calendar
Financial News is introducing several new awards in 2023, as we build on the success of our Most Influential and Rising Stars gongs and roll them out across more of the City’s key sectors. […]

Why Blackstone’s BREIT is a cautionary tale for private funds
Top executives at Blackstone declared themselves baffled that so many retail investors want their money back from its giant private property fund, given its strong performance. They shouldn’t be surprised. The very design of the fund […]

Credit Suisse’s Italian chief exec Andrea Donzelli jumps for Jefferies in latest senior exit
Jefferies has hired Credit Suisse’s chief executive for Italy, the latest senior departure from the Swiss lender as the US bank continues to add dealmakers. Andrea Donzelli has joined Jefferies as vice […]

Robinhood rolls out IRAs to target buy-and-hold crowd
Robinhood said on 6 December it will start offering retirement accounts, in a plan to convince the next generation of investors that compound interest can be just as exciting as GameStop and […]
Japan parliament approves law to tighten restrictions on Unification Church donations – JURIST
Japan’s House of Councillors Saturday passed a law to tighten restrictions on the solicitation of donations by religious and secular groups. The legislation is intended to prevent Japan’s controversial Unification Church, or […]

European energy traders face up to 80% spike in margins
European energy traders could face margin hikes of up to 80% as a new calculation model takes effect. The risk weighting of European energy derivatives has jumped under the latest version of the Standard Initial Margin […]
North Korea releases US soldier who crossed demilitarized zone 2 months ago – JURIST
North Korea expelled US soldier Travis King on Wednesday, 2 months after he crossed into its territory from South Korea. KCNA, North Korea’s state media, announced that North Korea expelled King after […]
South Korea court overturns North Korea leaflet ban – JURIST
The Constitutional Court of South Korea on Tuesday struck down a provision of the Law on the Development of Inter-Korean Relations which prohibits the distribution of leaflets in North Korea and imposes […]
Hong Kong court sentences journalist to 5 days in jail for obstructing police officer – JURIST
The West Kowloon Magistrates’ Court on Monday sentenced the head of the Hong Kong Journalists Association Ronson Chan to five days in jail, according to the Hong Kong Free Press (HKFP). As […]
Philippine Coast Guard removes floating barrier allegedly placed by China – JURIST
A Philippine Coast Guard (PCG) spokesperson announced Monday that the PCG removed a floating barrier allegedly placed by China near the disputed Scarborough Shoal in the South China Sea. This comes days […]
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