EQ Investors (EQ) the boutique wealth manager led by John Spiers, is launching a new suite of income portfolios for investors requiring a regular income and above-inflation returns. The portfolios will be managed by Damien Lardoux, who currently manages the firm’s positive impact portfolio mandate.

Aiming for a yield of around 4% with a minimum target of 3%, the portfolios will invest across all asset classes (equity, bonds, commercial property and alternatives) on a global basis. 

YelloPad, a revolutionary third-generation payment terminal, has just been unveiled at Trustech (formerly Cartes).

China has the world’s largest market for digital shopping, mobile payments, and Internet-enabled financial services. Close to 400 million people in China do most of their payments using their smartphones. China’s overall business in information technology is a market of well above USD $300 billion, and it is estimated that more than 700 million Chinese have access to Internet. So any law impacting the online space—cybersecurity included—will make ripples in the way China does business.   

Portware, a FactSet Company and a leading global provider of multi-asset trade automation solutions powered by artificial intelligence (AI), today announced upgrades to its award-winning execution management system (EMS), Portware Enterprise. Portware Enterprise is a fully customizable “thinking” EMS designed to act as the central platform for the creation and execution of trading strategies for global equities, futures, options, fixed income, and FX.

MiFID II looks set to remain the key regulatory focus for financial services firms in 2017, but for all its challenges firms can’t afford to have tunnel vision when it comes to their compliance obligations next year. There seems to be no immediate end in sight when it comes to the increasing regulatory burden on firms, with both the Securities Financing Transactions Regulation as well as initial margin requirements for non-centrally cleared trades under EMIR also requiring attention.

Accuity, the leading global provider of risk and compliance solutions, has today published the first survey of its kind exploring the legal profession’s understanding and use of Anti-Money Laundering (AML) and Know Your Customer (KYC) compliance controls to help meet new regulation.

The results reveal that some of the main challenges include: identifying Ultimate Beneficial Ownership (UBO), establishing clients’ source of wealth and asking fee earners to take responsibility for due diligence. 

Saxo Bank, the online multi-asset trading and investment specialist, today announces that it has won Best Prime of Prime House in FX Week's Best Banks Awards and Best Forex Broker and Best Prime of Prime/Retail Liquidity Provider in the Finance Magnates Awards.

The Royal Mint, the world's leading export mint, and CME Group, the world's leading and most diverse derivatives marketplace, today announced a collaboration to transform the way that market participants can trade gold.

The Royal Mint, a 1,000-year-old institution owned by HM Treasury, has partnered with CME Group to build and launch a digitised gold offering called Royal Mint Gold (RMG).  RMG will change the way traders and investors trade, execute and settle gold.

Liberty Bell Bank President and CEO, Benjamin Watts announced that John Herring has been promoted to Executive Vice President and Chief Lending Officer of the Bank. Mr. Herring previously served as Senior Vice President and Chief Lending Officer.

“John is a valued member of the management team and his ability to establish and maintain relations with our customers is an example of excellence for all in the bank to follow,” said Watts. “He has been instrumental in helping to stabilize the Bank, grow the loan portfolio, and position us for future profitability.”