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Norton Rose Fulbright derivatives partner jumps to Ashurst – Reuters

Tower Bridge with the Canary Wharf financial district in the background are seen at sunrise in London, Britain, September 22, 2020. REUTERS/John Sibley Summary Law firms London-based Daniel Franks was a partner at Norton Rose Fulbright since 2014 Ashurst also added a London BCLP partner this month The company and law firm names shown above […]

Finance watchdog ‘grey lists’ Turkey in threat to investment – Reuters.com

By Jonathan Spicer 4 Min Read ISTANBUL (Reuters) -An international watchdog downgraded Turkey to a so-called grey list on Thursday for failing to head off money laundering and terrorist financing, a decision that could further erode foreign investment after a years-long exodus. FILE PHOTO: A commercial vessel sails through the Bosphorus during the outbreak of […]

Trump-tied SPAC soars +350%, retail traders pile on – Yahoo Finance

Shares of Digital World Acquisition Corp (DWAC), the special purpose acquisition company that will merge with former President Trump’s new social media company, shot up 356% on Thursday. The stock closed at $45.50 a share. Trading was briefly halted for volatility during Thursday’s session as retail investors piled on the stock.  Digital World Acquisition was […]

South Africa seeks over $27 bln of finance for shift from coal – Reuters

JOHANNESBURG, Oct 21 (Reuters) – South Africa is seeking cheap finance for more than 400 billion rand ($27.6 billion) of electricity infrastructure as part of its plans to move away from heavily polluting coal, a senior presidency official said on Thursday. Through a funding facility backed by rich nations and development finance institutions, South Africa […]

ESG Derivatives: A Sustainable Trend – Lexology

With the 2021 United Nations Climate Change Conference (also known as COP26) coming to Glasgow later this month and amid numerous occurrences of extreme weather, there has been an increased global focus on climate change recently which is reflected in the financial markets. By some estimates, the sustainable finance market grew by almost 30% in […]