Toshiba Scandal Emboldens Foreign Investors Pushing Change in Japan

Activist investors held stakes at half of the Nikkei 225, and funds have poured in seeking greater returns. 


 
SEC Charges JPMorgan Unit Neovest for Operating as Unregistered Broker-Dealer

The electronic-trading platform agreed to pay a $2.75 million fine for failing to register as a broker-dealer. 


 
New Jersey Attorney General Chosen as SEC Enforcement Director

The U.S. Securities and Exchange Commission said it would tap New Jersey Attorney General Gurbir Grewal to lead its efforts to police Wall Street. 


 
Singapore Central Bank's FY 2021 Total Income Declines

The Monetary Authority of Singapore's total income stood at $6.39 billion in the financial year ended March 31, as interest income and realized capital gains were offset by negative currency translation effects, the central bank said. 


 
Archegos Is a Warning for Aggressive Financial Markets, Says BIS

The recent failure of U.S.-based Archegos Capital Management could be a sign of how more investors might get tripped up by overreacting to inflationary risks, the global club of central banks warned. 


 
Banks' Next Act Gets Tougher

Investors should savor the dividends and buybacks coming from big U.S. banks right now. They might not get the same kind of boost next year. 


 
AIA to Boost China Exposure With $1.86 Bln Stake Purchase

Pan-Asian life insurer AIA Group is investing $1.86 billion in China Post Life Insurance to acquire a 24.99% stake and increase its exposure to the Chinese life insurance market. 


 
JPMorgan Chase to Buy OpenInvest for Undisclosed Amount

JPMorgan Chase & Co. said it has agreed to buy financial-technology company OpenInvest for an undisclosed amount, in a bid to enhance environmental, social and governance investing capabilities for wealth-management clients. 


 
Tech Investor Lightspeed Venture Partners Raises Its Profile in Life Sciences

The firm has added two new partners to its healthcare-investment team and has jumpstarted the pace of its investments in the field. 


 
Aquiline Capital Partners Banks About $230 Million for First Debt Funds

Specialist private-equity firm Aquiline Capital Partners has raised two new funds focused on credit investments.

(END) Dow Jones Newswires

06-30-21 0015ET