Greg Ritchie

2 days ago | news.bloomberglaw.com | Greg Ritchie

Europe’s transition to a faster settlement regime will likely be more expensive than in the US, as the region’s complex market infrastructure requires larger teams to steer the process. The shift to what’s known as T+1 is estimated to cost $36 million for large European custodians, according to a report by Firebrand Research. That compares to a $13 million average cost similar firms incurred around the North American transition, it said.

2 days ago | financialpost.com | Greg Ritchie

Article content(Bloomberg) — Europe’s transition to a faster settlement regime will likely be more expensive than in the US, as the region’s complex market infrastructure requires larger teams to steer the process. Sign In or Create an AccountArticle contentThe shift to what’s known as T+1 is estimated to cost $36 million for large European custodians, according to a report by Firebrand Research.

2 days ago | bloomberg.com | Greg Ritchie

The Euronext stock exchange in Paris. Photographer: Nathan Laine/Bloomberg(Bloomberg) -- Europe’s transition to a faster settlement regime will likely be more expensive than in the US, as the region’s complex market infrastructure requires larger teams to steer the process. The shift to what’s known as T+1 is estimated to cost $36 million for large European custodians, according to a report by Firebrand Research.

1 week ago | bloomberg.com | Philip Aldrick |Greg Ritchie

(Bloomberg) -- A decision that the Bank of England has to make in the next few months is posing a £4.3 billion ($5.8 billion) threat to Chancellor of the Exchequer Rachel Reeves’ spending plans. By September, the BOE will announce the pace at which it will offload the gilts it owns next year under so-called quantitative tightening.

1 week ago | messenger-news.com | Greg Ritchie

By Greg RitchieMessenger ReporterHOUSTON COUNTY –    Houston County Commissioners met Tuesday, May 27 to set fireworks sales rules for Fourth of July, prepare large county trash pickup and show their support for elderly across the county. Commissioners court first approved a number of new employees and transfers, mainly at the Sheriff’s Office, where candidates are filling empty roles and internal transfers offer promotion to those doing well.