ITI Group appoints Stephen Hawksworth as Group CEO
01 March 2021
London, UK, 1.03.2021 — ITI Group, an emerging markets-focused financial services firm, today announces the appointment of Stephen Hawksworth as its new Group CEO
UK-Based international financial services company, ITI Capital, acquires client book from SVS Securities
08 June 2020
SVS Securities clients, who previously could only trade in LSE stocks, will now have a global selection of asset classes to choose from, including FX trading, and pricing will remain competitive to what was previously paid at SVS
Russia: CB cut the rate by 50 bps, making official shift to dovish monetary policy
28 April 2020
The CBR has cut the rate by 50 bps, to 5.5% (the lowest level since before 2014 sanctions) and will continue further easing, officially shifting from neutral to dovish policy despite the risks of an inflation pick-up this year due to the rouble weakness
ITI Capital: Impact of oil rout on the Russian economy and the rouble
23 April 2020
Oil prices have tumbled by more than 74% year-to-date. Before the expiration on April 21, May futures fell as low as -$40/bbl, i.e. the futures’ sellers had to pay the buyers due to excess supply. Prices on June futures are declining, dropping by more than 11%, to $17/bbl, to the lows of March 1999
TMK: share buyback, likely delisting
09 April 2020
On April 8, TMK (TRMK RX) stocks rose by more than 20%, as the company decided to delist its global depositary receipts (GDRs) from the London Stock Exchange (LSE), while the Board of Directors announced its plan to buy back some of the ordinary shares
ITI Capital: Bank of Russia: to cut or not cut, that is the question!
20 March 2020
On Friday, March 20, Russia’s Central Bank is set to take one of the toughest and unpredictable decisions. The move should contribute to monetary and fiscal stimulus, given that the pandemic crisis is weighing on both supply and demand
Metinvest (B3/B/BB-): weak 2019 financial results. Negative for the group's Eurobonds
10 March 2020
Metinvest B.V., the parent company of steel producer Metinvest, has released its audited IFRS consolidated financial statements for the 12 months ended 31 December 2019. The results look rather weak, reflecting a material deterioration of the credit profile in July-December 2019