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Hanwha Life Acquires Velocity Clearing
Business · United States

Hanwha Life Acquires Velocity Clearing

64% Center coverage: 28 sources
Hanwha Life, South Korea’s first life insurance company, has officially completed the acquisition of a 75% stake in U.S.-based global financial services firm Velocity Clearing, LLC on July 30 (EST). The majority of the stake acquired was owned by an affiliate of Cerberus Capital Management, L.P. The deal marks a bold strategic move into the North American capital markets—beyond Hanwha Life’s traditional insurance business. With this transaction,…See the Story
Former fund manager Neil Woodford to be banned and fined almost £46m
Business · United Kingdom

Former fund manager Neil Woodford to be banned and fined almost £46m

45% Center coverage: 9 sources
See the Story
The Institutional Era of Crypto Demands New Risk Standards
Regulation

The Institutional Era of Crypto Demands New Risk Standards

100% Center coverage: 1 sources
As institutional capital enters crypto, governance, regulation and operational risk standards must evolve.See the Story

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