Mark-to-market losses from LDI derivatives could total $167 bln- JPMorgan analysts – Reuters.com
LONDON, Oct 13 (Reuters) – Mark-to-market losses on derivative positions linked to liability-driven investment (LDI) – the strategy at the heart of Britain’s pension fund crisis – could total between 125 and 150 billion pounds ($167.40 billion) since early August, JPMorgan analysts said on Thursday. Pension funds have been scrambling to sell assets to raise […]
Open finance startup Ayoconnect’s APIs enable financial inclusion in Southeast Asia – TechCrunch
Focused on Southeast Asia, Ayoconnect’s APIs make it faster for businesses to launch new financial services, instead of needing to build their own tech infrastructure. It is also licensed by Indonesia’s central bank, enabling it to offer more services. The open finance startup announced today it has closed a $13 million Series B extension round […]
