David Larrabee, CFA, is director of Member and Corporate Products at CFA Institute and serves as the subject matter expert in portfolio management and equity investments. Previously, he spent two decades in the asset management industry as a portfolio manager and analyst. He holds a BA in economics from Colgate University and an MBA in finance from Fordham University. Topical Expertise:Equity Investments · Portfolio Management
Subscribe to Enterprising Investor and receive email notifications when new content is posted.
European regulators, including Belgium's Financial Services and Markets Authority, are calling for banks to give more short-term voluntary support to the Euribor swaps market benchmark, which faces an overhaul. The panel of banks that contributes to setting the benchmark has fallen from 49 to 20, and regulators say they have contacted banks and asked them to return to participation, with the possibility of making their contribution mandatory being held back as a last resort. Risk (subscription required) (16 Aug.)
Investigations into potential insider trading by Deutsche Boerse CEO Carsten Kengeter have expanded to look into the "reliability" of the exchange's top management. Financial Times (tiered subscription model) (16 Aug.)
President Donald Trump has dissolved two business councils after CEOs kept withdrawing to protest his comments about a deadly confrontation in Virginia. Eight executives of major companies left the American Manufacturing Council and the Strategic and Policy Forum. Reuters (17 Aug.)
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.