China steps up regulations on wealth management products, asset management business – Reuters

BEIJING (Reuters) – China released draft rules and guidelines to strengthen regulations of financial institutions’ wealth management and asset management businesses, the latest step by Beijing to fend off systemic financial risks. Earlier on Friday, the China Banking and Insurance Regulatory Commission (CBIRC) released long-awaited draft rules on commercial banks’ wealth management products (WMPs), saying …

Are you willing to Put your Money on these stocks, Synergy Pharmaceuticals, Inc. (SGYP), Intercontinental Exchange … – TopChronicle

The shares of Synergy Pharmaceuticals, Inc. (NASDAQ:SGYP) and Intercontinental Exchange Inc. (NYSE:ICE) were among the active stocks of the last trading sessions. Synergy Pharmaceuticals, Inc. (NASDAQ:SGYP) declined to -0.53% closing at the price of $1.89 whereas the shares of Intercontinental Exchange Inc. (NYSE:ICE) declined -1.32% with the decrease of -1.01 points closing at the price …

China steps up regulations of $3 trillion bank wealth management products – Reuters

BEIJING (Reuters) – China’s banking and insurance regulator on Friday released long-awaited draft rules to strengthen regulations of commercial bank wealth management businesses, the latest step by Beijing to fend off systemic financial risks. The regulator said wealth management products (WMPs) should be managed based on their net value and banks must standardise the management …

Cryptocurrency Wealth Manager B21 Partners With Flexepin To Allow Crypto Investing With Cash – BlockTribune

Cryptocurrency Wealth Manager B21 Partners With Flexepin To Allow Crypto Investing With Cash Announcements, News | July 20, 2018</ br> By: Maricel Custodio Crypto wealth manager B21 has partnered with cash voucher provider Flexepin to allow users to fund their B21 investment accounts with cash. B21 allows users to build a portfolio of cryptocurrencies, including …