2015 and Broker - Investment Banking Today

Delaware Court Of Chancery Finds Demand Futility As To Fiduciary Duty Breach Claims Arising From Costly Loan Approved By Interested Directors And Allegedly Illegal Conduct Known To The Board

Shearman & Sterling

OCTOBER 10, 2017

On September 29, 2017, Vice Chancellor Sam Glasscock III of the Delaware Court of Chancery granted in part and denied in part a motion to dismiss derivative claims for breach of fiduciary duty against the board of foreign exchange broker FXCM Inc. ("FXCM"), sustaining two grounds for breach after finding that demand would have been futile.

Broker

Broker Business

Delaware Court Of Chancery Finds Demand Futility As To Fiduciary Duty Breach Claims Arising From Costly Loan Approved By Interested Directors And Allegedly Illegal Conduct Known To The Board

Shearman & Sterling

OCTOBER 10, 2017

On September 29, 2017, Vice Chancellor Sam Glasscock III of the Delaware Court of Chancery granted in part and denied in part a motion to dismiss derivative claims for breach of fiduciary duty against the board of foreign exchange broker FXCM Inc. ("FXCM"), sustaining two grounds for breach after finding that demand would have been futile.

Broker

Broker Business

People Moves Monday: Shifts in the trading space

The TRADE

JULY 3, 2023

New York-based independent prime broker Clear Street hired a team of investment bankers to build out its new investment banking and advisory offering. Kirk first joined Liquidnet as an equity trader in February 2015 after also previously serving in a similar role at BTIG. His next role is unconfirmed.

Trading

Trading Investment Banking Bank Banking

Guiding Entrepreneurs: David Barnett's Comprehensive Approach to Buying and Selling Businesses

How2Exit

MAY 20, 2024

Starting from childhood enterprises to careers in sales and a formal education in business school, Barnett has accumulated a wealth of experience that led him to own a business broker office for several years before venturing into banking.

Business

Business Book-building Equities Acquisitions

People Moves Monday: Berenberg, EuroCTP, Aquis Exchange and more…

The TRADE

DECEMBER 11, 2023

Previously in her career, she spent three and a half years as a cash equity broker at Tullett Prebon. Green joins from Fidelity Information Service (FIS), where he served as managing director, derivatives utility for the past eight years, following the firm’s acquisition of SunGard in 2015.

Trading

Trading Sale Electronics Financial Institution

Buy-side trading head recommends cautious approach to emerging markets despite strong investor interest

The TRADE

APRIL 25, 2024

“In the past decade, we’ve seen increase the number of investors and the number of listings we’ve issued, the qualified Foreign Investors Regulations was introduced 2015, which allows foreign investors to have direct access to the market and today we have 3800 foreign investors.

Trading

Trading Investors Investment Portfolio Management

The Sky Definitely Is Not Falling…At Least Not Yet

Sica Fletcher

JULY 1, 2020

Dry PE powder had almost doubled since the end of 2015, when it stood at $750 billion. But for now, the sky is certainly not falling, at least in terms of insurance agency and broker M&A. This reflected the impact of valuations on deal flow and an increasing imbalance of potential sellers and buyers. Dry powder reached $1.4

Private Equity

Private Equity Insurance Debt Equities

Royal London Asset Management: ‘At the end of the day, they’re just really good traders’

The TRADE

JULY 17, 2024

The more we can build in house with people like Jennifer leading the way, the less reliant we are on broker provided data,” says senior RLAM equity trader Chris Hughes. Also within this team are Sam Vaughan-Jones and Simon Cuthbert, who joined from Close Brothers in 2015 and Majedie Investments in 2022, respectively.

Asset Management

Asset Management Management Trading Equities

Elevating Expertise: Senior Advisor Spotlight, Mike LeVasseur

Focus Investment Banking

JANUARY 18, 2024

In May 2015, Keenan Auto Body hired FOCUS to represent it in its sale to ABRA. Sometimes people don't realize they need a broker. Prior to the sale of the company to ABRA, now Caliber Collision, he was president and COO, operating 12 facilities encompassing two states, with sales exceeding $30 million.

Sale

Sale Business M&A IT

Meet the Top Strategic Buyers Investing in SaaS

Software Equity Group

AUGUST 20, 2024

Founded in 2015, Valsoft has been among the most active strategic buyers of software, making 28 deals in 2023 alone. Produce Pro’s products are designed to serve its customers across the supply chain from production to distribution and are used by hundreds of food distributors, brokers, processors, and growers in North America.

Investment

Investment Management Acquisitions Business

How Lever for Change is Innovating the Open Call Philanthropic Funding Model

Tyton Partners

JUNE 20, 2023

Cecilia Conrad (CC): Lever for Change is a broker. CC Lever for Change began with MacArthur Foundation’s first 100&Change , back in 2015 or 2016. Tyton Partners (TP): What is Lever for Change? You started with 100&Change , can you talk a little bit about the original story?

Funds

Funds IT Collaboration M&A

Eyes on a new prize: How outsourced trading has taken off and why the attention is now turning to larger managers

The TRADE

DECEMBER 21, 2023

Ergo Consultancy was chosen by Railpen – which manages £37 billion of assets – to bring its trading activities in-house from an outsourced service provider. What the survey will show in the coming years is annual comparisons of satisfaction and areas which are slipping in the eyes of clients.

Trading

Trading Management Funds Asset Management

Tech unicorns UK – complete guide to the billion-dollar club

Growth Business

AUGUST 22, 2023

2 – Revolut Value: $27.8bn Founded: 2015 What do they do? Fintech Bio: Founded in 2015, Revolut started off offering money transfer and exchange. The group comprises of brokering firm Howden, underwriting agency DUAL, MGA and its data and analytics arm HX. 8 – Monzo Value: $4.5bn Founded: 2015 What do they do?

Insurance

Insurance Banking Bank Funds

360T launches digital exchange to expand crypto NDF offering

The TRADE

MAY 7, 2025

3DX will be led by Carlo Klzer, founder and chief executive of 360T and head of foreign exchange and digital assets of Deutsche Brse Group, which acquired the platform in July 2015. The platform also collaborated with execution algorithms and analytics provider Quantitative Brokers to launch a new set of FX algos in February 2025.

Trading

Trading Broker Risk Management Collaboration

Investment Banking Today

Delaware Court Of Chancery Finds Demand Futility As To Fiduciary Duty Breach Claims Arising From Costly Loan Approved By Interested Directors And Allegedly Illegal Conduct Known To The Board

Delaware Court Of Chancery Finds Demand Futility As To Fiduciary Duty Breach Claims Arising From Costly Loan Approved By Interested Directors And Allegedly Illegal Conduct Known To The Board

Trending Sources

People Moves Monday: Shifts in the trading space

Guiding Entrepreneurs: David Barnett's Comprehensive Approach to Buying and Selling Businesses

People Moves Monday: Berenberg, EuroCTP, Aquis Exchange and more…

Buy-side trading head recommends cautious approach to emerging markets despite strong investor interest

The Sky Definitely Is Not Falling…At Least Not Yet

Royal London Asset Management: ‘At the end of the day, they’re just really good traders’

Elevating Expertise: Senior Advisor Spotlight, Mike LeVasseur

Meet the Top Strategic Buyers Investing in SaaS

How Lever for Change is Innovating the Open Call Philanthropic Funding Model

Eyes on a new prize: How outsourced trading has taken off and why the attention is now turning to larger managers

Tech unicorns UK – complete guide to the billion-dollar club

360T launches digital exchange to expand crypto NDF offering

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