FCA

Ferguson plc ("Company"): Total Voting Rights

Retrieved on: 
Friday, March 1, 2024

In accordance with DTR 5.6.1, the Company hereby notifies the following:

Key Points: 
  • In accordance with DTR 5.6.1, the Company hereby notifies the following:
    The Company’s issued share capital as at February 29, 2024 consisted of 232,171,182 ordinary shares of 10 pence each (“Ordinary Shares”), of which 29,357,781 Ordinary Shares were held in treasury as at the date of this disclosure.
  • The voting rights of treasury shares are automatically suspended.
  • Therefore, the total voting rights in the Company is 202,813,401.
  • View source version on businesswire.com: https://www.businesswire.com/news/home/20240301198580/en/

ICE Benchmark Administration Provides Update Regarding the Cessation of Sterling LIBOR®

Retrieved on: 
Thursday, February 29, 2024

Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced that ICE Benchmark Administration Limited (IBA), the authorized and regulated administrator of LIBOR®, has provided an update regarding the cessation of sterling LIBOR.

Key Points: 
  • Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced that ICE Benchmark Administration Limited (IBA), the authorized and regulated administrator of LIBOR®, has provided an update regarding the cessation of sterling LIBOR.
  • The FCA has stated that it has no intention to require publication beyond then and that this setting will cease after publication on that date.
  • IBA is also currently required by the FCA to continue to publish the 1-, 3- and 6-Month “synthetic” U.S. dollar LIBOR settings.
  • “Synthetic” LIBOR settings that are required to be published under a “synthetic” methodology are not representative of the underlying market or economic reality the setting was intended to measure prior to such requirement.

Winston & Strawn Names New Litigation and Transactions Department Co-Chairs

Retrieved on: 
Monday, February 26, 2024

Winston & Strawn LLP today announced the appointment of new Litigation and Transactions Department leaders.

Key Points: 
  • Winston & Strawn LLP today announced the appointment of new Litigation and Transactions Department leaders.
  • Linda Coberly and Tom Melsheimer will serve as co-chairs of the Litigation Department, and Timothy Kincaid and Brad Vaiana will co-chair the Transactions Department.
  • For the next few months, Linda and Tom will work alongside outgoing Litigation Chairs Steve D’Amore and George Lombardi, who have co-led the department for almost 10 years.
  • Winston & Strawn LLP is an international law firm with 15 offices in North America, South America, Europe, and Asia.

Aaron Brown Joins iSAM Securities to Drive Growth in MENA Region

Retrieved on: 
Monday, February 26, 2024

Aaron Brown joins iSAM Securities in a strategic move to expand into the Middle East.

Key Points: 
  • Aaron Brown joins iSAM Securities in a strategic move to expand into the Middle East.
  • View the full release here: https://www.businesswire.com/news/home/20240223103047/en/
    Aaron Brown Joins iSAM Securities to Drive Growth in MENA Region (Photo: Business Wire)
    Joining iSAM Securities after his departure from IXO Prime, where he was Head of Institutional Sales MENA, Brown brings a range of expertise to the group.
  • iSAM Securities, recognized for its award-winning multi-asset liquidity, cutting-edge technology, and robust risk management services, is poised to offer these capabilities to institutional clients in the MENA region.
  • Samuel Johnson, Managing Director, iSAM Securities said, “We are delighted to welcome Aaron Brown to the team and work with him to spearhead our growth in the region.

Zilch Launches Pay over 3 months interest-free regulated product

Retrieved on: 
Thursday, February 22, 2024

The new ‘Pay over 3 months’ product will provide more flexibility to customers and drive up Zilch’s market-leading wallet share.

Key Points: 
  • The new ‘Pay over 3 months’ product will provide more flexibility to customers and drive up Zilch’s market-leading wallet share.
  • View the full release here: https://www.businesswire.com/news/home/20240222797743/en/
    Zilch Launches Pay over 3 months interest-free regulated product (Graphic: Business Wire)
    The new ‘Pay over 3 months’ product has already been made available to around 100,000 Zilch customers in a trial.
  • The launch will provide Zilch customers with even greater choice when paying, enabling them to go in app and seamlessly choose between ‘Pay over 3 months’, the shorter-tenor ‘Pay over 6 Weeks’ or, for day-to-day purchases, Zilch’s reward-earning ‘Pay Now’ debit product where they earn up to 5%.
  • When opting to ‘Pay over 3 months’, Zilch customers will pay 25% up-front and spread the remaining purchase price over three instalments, just like they currently do when making interest-free credit repayments over six weeks.

Wynnchurch Capital Announces New Hires

Retrieved on: 
Wednesday, February 21, 2024

Wynnchurch Capital, L.P. (“Wynnchurch”), a leading middle-market private equity firm, announced today the additions of Alexis Underwood as Managing Director to our operations group – focused on commercial and pricing strategy and Emma Naas as Accounting Manager focused on fund accounting.

Key Points: 
  • Wynnchurch Capital, L.P. (“Wynnchurch”), a leading middle-market private equity firm, announced today the additions of Alexis Underwood as Managing Director to our operations group – focused on commercial and pricing strategy and Emma Naas as Accounting Manager focused on fund accounting.
  • Chris O’Brien, Managing Partner at Wynnchurch, said, “We are thrilled to announce the addition of Alexis.
  • Wynnchurch manages a number of private equity funds with $9.2 billion of regulatory assets under management and is actively seeking investments.
  • In September 2023, Trimlite, a Wynnchurch portfolio company, acquired Francis-Schulze Company, a leading value-added distributor of exterior door products and hardware.

Gary Pettit Appointed CEO of Sigma Broking

Retrieved on: 
Monday, February 19, 2024

Sigma Broking Ltd , the international privately-owned brokerage company servicing institutional customers, has appointed Gary Pettit as the business’ new CEO with immediate effect, following FCA approval.

Key Points: 
  • Sigma Broking Ltd , the international privately-owned brokerage company servicing institutional customers, has appointed Gary Pettit as the business’ new CEO with immediate effect, following FCA approval.
  • Pettit will lead Sigma Broking’s global business as it drives the expansion of its product and client base offering multi-asset broking services including equities, energy, agricultural commodities, soft commodities, carbon, fixed income, and base metals.
  • Pettit joined Sigma Broking as a consultant in January 2023 bringing with him a wealth of experience as a financial services leader.
  • His 35 years’ experience in the broking sector include working for institutions such as Indosuez Carr and ICAP PLC.

Knight Law Group: California Supreme Court Upholds Lemon Law Rights

Retrieved on: 
Saturday, March 9, 2024

LOS ANGELES, March 8, 2024 /PRNewswire/ -- In an important vindication of California's lemon law rights, the state Supreme Court ruled 9-0 this week in favor of consumers in Niedermeier v. FCA.

Key Points: 
  • LOS ANGELES, March 8, 2024 /PRNewswire/ -- In an important vindication of California's lemon law rights, the state Supreme Court ruled 9-0 this week in favor of consumers in Niedermeier v. FCA.
  • Ms. Niedermeier's experience shows the lengths automakers will go to in order to avoid their obligations under the lemon law.
  • Knight Law Group only handles Lemon Law claims and is the leading firm in California.
  • Seven other Knight Law Group cases currently await hearing before the state Supreme Court.

John Edwards speaks at IAPP’s Data Protection Intensive UK

Retrieved on: 
Saturday, March 9, 2024

Commissioner discusses three of the ICO’s key areas of focus in 2024.

Key Points: 


Commissioner discusses three of the ICO’s key areas of focus in 2024.

BRAND NEW MUSCLE CAR GRANTED MOPAR LICENSE TO UNLEASH CLASSIC POWER AND STYLE

Retrieved on: 
Monday, March 4, 2024

TULSA, Okla., March 4, 2024 /PRNewswire/ -- Brand New Muscle Car, the original from scratch muscle car builder, proudly announces its official license with FCA USA LLC.

Key Points: 
  • TULSA, Okla., March 4, 2024 /PRNewswire/ -- Brand New Muscle Car, the original from scratch muscle car builder, proudly announces its official license with FCA USA LLC.
  • The collaboration will allow them to produce classic continuation builds, classic muscle car restorations, and craft breathtaking restomods, all under the legendary Mopar brand name.
  • David W. Miller III, President of Brand New Muscle Car, expressed his enthusiasm, "We are thrilled to be licensed by Mopar.
  • Brand New Muscle Car proudly claims the title of the first-ever company licensed by Mopar to create these "Classic Continuation Builds."