Hedge fund managers have to rely on an assortment of intermediates to run their businesses.They pay fees to their brokers, and they rely on their personal relationships to get deals done.But the process is complicated.There are so many variables, many of them outside the control of the hedge fund manager.So how can a hedge fund…
Tag: intermediary metabolism
What’s the latest in the CIBC intermediary metabolism story
The CIBACs intermediary metabolism data sets and aggregated data are now being made available to all the major banks in the world.They are available in the Bank Data Explorer, an online tool that allows users to search for a bank by the number of CIBCCs it has.The data also include details about the banks CIBCs’…
FIFA: Barclays’ ‘illegal’ offshore activities may result in sanctions
Barclays will face more sanctions after a report surfaced that the bank is “likely to” engage in “illegal” offshore activities that may result on sanctions.The U.K. Financial Conduct Authority (FCA) on Tuesday ordered Barclays to pay a $1.6 billion fine and pay $1 billion in restitution to settle charges that it provided “improper and/or misleading…
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