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Tag Archives: UK

Election results 2017: UK wakes up to hung Parliament; U.S. derivatives regulator concerned about swaps clearing worldwide post-Brexit; Lawsuit in U.S. accuses 12 big banks of credit default swap collusion John Lothian Newsletter,Newsletter

First Read U.S. business schools embrace ‘fintech’ as students clamor for courses Anna Irrera – Reuters Leading U.S. business schools are trying to teach students how to become masters of financial technology, a subsector of Wall Street that has grown in size and prominence, but because the area is still ill-defined and relatively new it is hard to develop courses. Stanford University and Georgetown University business schools are planning to offer “fintech” courses for MBA students for the first time this fall. New York University is planning a new course for undergraduates after launching a fintech specialization in its business…

JLN Environmental/Energy: GOP to renew attack on climate regulations this week; UK helps China map out low-carbon future; EU Backs German Plan for China Talks on Solar Spat, Merkel Says Environmental/Energy,Newsletter

In this edition, help and criticism for China, respectively, in Business Green’s “UK helps China map out low-carbon future” and Bloomberg’s “EU Backs German Plan for China Talks on Solar Spat, Merkel Says.” And on India, Bloomberg reports “Blackouts Spur $18 Billion Power Grid Upgrade: Corporate India.”

John Lothian Newsletter: CME to Require Daily Customer Fund Reports Following MF Failure; SEC Puts Exchanges on Notice Over Computer-Driven Trades; Counterparty gone bust? You still have to pay John Lothian Newsletter,Newsletter

CME Group announces plans to require customers to submit daily reports regarding the dispositions of customer funds, as part of its anti-MF-Global remedy. The SEC says that exchanges share part of the responsibility for protecting investors from technology-related trade problems and failures. In the UK, a court rules that solvent counterparties must still honor their end of a deal, even if the other side of the deal goes bust. Around the newsletter, you’ll find more volume reports and analysis; more C-suite appointments at exchanges, banks and associations; and commentary from Harpal Sandhu via the JLN FX newsletter about the evolution…