Industrial Bank of Japan

14 Leading Financial Institutions, Representing Over $450billion, Confirm Setup in Abu Dhabi in One Week

Retrieved on: 
Thursday, November 30, 2023

Rise of Abu Dhabi as a Global Finance Centre praised by Global Leaders Jamie Dimon, Ray Dalio and Alan Howard.

Key Points: 
  • Rise of Abu Dhabi as a Global Finance Centre praised by Global Leaders Jamie Dimon, Ray Dalio and Alan Howard.
  • A total of 23 market announcements recorded during Abu Dhabi Finance Week, including major operational upgrades by The World Bank & JP Morgan, along with a strong lineup of emerging financial institutions ranging across fintech and sustainable finance.
  • ABU DHABI, UAE, Nov. 30, 2023 /PRNewswire/ -- Abu Dhabi Global Market (ADGM), the leading international financial centre of the UAE's Capital, today announced 14 major financial institutions representing a total AUM of USD 452bn have committed to establishing new operations in ADGM.
  • The flurry of positive announcements surrounding ADFW amplifies ADGM's effective role as a major contributor to the economic diversification plans of Abu Dhabi.

14 Leading Financial Institutions, Representing Over $450billion, Confirm Setup in Abu Dhabi in One Week

Retrieved on: 
Thursday, November 30, 2023

Rise of Abu Dhabi as a Global Finance Centre praised by Global Leaders Jamie Dimon, Ray Dalio and Alan Howard.

Key Points: 
  • Rise of Abu Dhabi as a Global Finance Centre praised by Global Leaders Jamie Dimon, Ray Dalio and Alan Howard.
  • A total of 23 market announcements recorded during Abu Dhabi Finance Week, including major operational upgrades by The World Bank & JP Morgan, along with a strong lineup of emerging financial institutions ranging across fintech and sustainable finance.
  • ABU DHABI, UAE, Nov. 30, 2023 /PRNewswire/ -- Abu Dhabi Global Market (ADGM), the leading international financial centre of the UAE's Capital, today announced 14 major financial institutions representing a total AUM of USD 452bn have committed to establishing new operations in ADGM.
  • The flurry of positive announcements surrounding ADFW amplifies ADGM's effective role as a major contributor to the economic diversification plans of Abu Dhabi.

Greenberg Traurig Adds Well-Known Financial Markets Regulation Attorney Akihiro Wani in Tokyo

Retrieved on: 
Monday, October 2, 2023

TOKYO, Oct. 2, 2023 /PRNewswire-PRWeb/ -- Global law firm Greenberg Traurig, LLP continues its strategic expansion in Tokyo with the addition of Akihiro Wani, a well-known industry leader on financial markets regulation, who joins as senior counsel from Morrison & Foerster.

Key Points: 
  • Global law firm Greenberg Traurig, LLP continues its strategic expansion in Tokyo with the addition of Akihiro Wani, a well-known industry leader on financial markets regulation, who joins as senior counsel from Morrison & Foerster.
  • TOKYO, Oct. 2, 2023 /PRNewswire-PRWeb/ -- Global law firm Greenberg Traurig, LLP continues its strategic expansion in Tokyo with the addition of Akihiro Wani, a well-known industry leader on financial markets regulation, who joins as senior counsel from Morrison & Foerster.
  • He has more than 30 years of experience representing Japanese as well as international clients on financial regulatory matters and transactions involving new financial instruments.
  • "The addition of Akihiro Wani is a significant milestone for our Tokyo office.

Edgewater Hires Senior APAC FX Trading Veteran Chan Chong San To Run Expanded Asia Headquarters in Singapore

Retrieved on: 
Wednesday, February 8, 2023

Prior to joining Edgewater, he served as the CEO of GFI Group Singapore, where he doubled the firm’s regional targeted revenue over a three-year period.

Key Points: 
  • Prior to joining Edgewater, he served as the CEO of GFI Group Singapore, where he doubled the firm’s regional targeted revenue over a three-year period.
  • “I’m excited to be joining Edgewater at a time of tremendous expansion in the APAC region,” said Chan.
  • “Chong San joins Edgewater at a moment when technology is transforming FX markets globally, but especially in the APAC region,” said Matt Kassel, Chief Operating Officer at Edgewater.
  • Chong San is the perfect person to lead this effort, and we’re thrilled to welcome him to the team.”

Japanese Healthcare Startup Ubie, Inc. Closes Extended Series C Round at $45 million, Establishes Subsidiary in NY

Retrieved on: 
Thursday, December 8, 2022

TOKYO, Dec. 8, 2022 /PRNewswire/ --Ubie, Inc., a Tokyo-based healthcare startup, announced on December 8 that it has closed its Series C round at $45 million by raising $19 million in an extension round.

Key Points: 
  • TOKYO, Dec. 8, 2022 /PRNewswire/ --Ubie, Inc., a Tokyo-based healthcare startup, announced on December 8 that it has closed its Series C round at $45 million by raising $19 million in an extension round.
  • The extension round money was raised from SOGO MEDICAL CO., LTD., AAIC Investment Pte.
  • Ltd., Japan Impact Investment II Limited Partnership, and Rakuten Capital, while loans extended from the Shoko Chukin Bank, Ltd., Japan Finance Corporation, and Mizuho Bank, Ltd.
  • Leveraging the Series C funding, Ubie established a local subsidiary in New York on October 4, 2022.

The global home office furniture market growth is anticipated to progress at a CAGR of 6.08% during the forecast period, 2022-2030

Retrieved on: 
Wednesday, November 16, 2022

Key Points: 
  • The global home office furniture market growth is anticipated to progress at a CAGR of 6.08% during the forecast period, 2022-2030.
  • The market growth is accredited to government incentives and exemptions, the rising number of freelance professionals, and business models incorporating technological advancements.
  • As a result, government initiatives propel the global home office furniture market growth.
  • The geographical evaluation of the global home office furniture market growth includes the assessment of Europe, Asia-Pacific, North America, and Rest of World.

Northern Trust Pension Universe Data: Canadian Pension Plan Returns Retreat Amidst Market Uncertainty During the First Quarter Of 2022

Retrieved on: 
Friday, April 22, 2022

Canadian Pension Plans experienced a pullback in investment returns during the first quarter of 2022 as markets entered a heightened period of uncertainty, according to the Northern Trust Canada Universe.

Key Points: 
  • Canadian Pension Plans experienced a pullback in investment returns during the first quarter of 2022 as markets entered a heightened period of uncertainty, according to the Northern Trust Canada Universe.
  • These mounting tensions cast a new level of uncertainty across global markets, which rippled across Canadian pension plan returns as witnessed by the sharp decline in the median return for the period.
  • The Northern Trust Canada universe tracks the performance of Canadian institutional defined benefit plans that subscribe to performance measurement services as part of Northern Trusts asset service offerings.
  • The Canadian Fixed Income market, as measured by the FTSE Canada Universe Bond Index, declined 7.0% for the quarter.