logo
Barclays Hires SocGen Veteran Mastrangelo to Run APAC Markets

Barclays Hires SocGen Veteran Mastrangelo to Run APAC Markets

Bloomberga day ago

Barclays Plc has hired Jean-Francois Mastrangelo, a 19-year veteran of Societe Generale SA, to lead its markets business in the Asia-Pacific region, according to people familiar with the matter.
Mastrangelo, who was an executive at SocGen's equities and equity derivatives business in Hong Kong, will join the British lender in the coming months, said one of the people, who all asked not to be identified discussing personnel. He will report both to Adeel Khan, Barclays' global head of markets, and APAC CEO Jaideep Khanna, the person said.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

‘Heavy heart' as popular Pembrokeshire restaurant announces closure
‘Heavy heart' as popular Pembrokeshire restaurant announces closure

Yahoo

time44 minutes ago

  • Yahoo

‘Heavy heart' as popular Pembrokeshire restaurant announces closure

The owners of a popular Pembrokeshire restaurant have expressed their 'heavy heart' with plans to close their business. Madtom Land & Sea has announced it will be up for sale. The restaurant has over 300 reviews on Tripadvisor with an average rating of 4.6 stars out of five and a recommendation ratio of 98% from 242 reviews on Facebook. A spokesperson Madtom Land & Sea posted on Facebook: 'It's time to move on! Restaurant For Sale! With a heavy heart we have made the decision to close Madtom for the foreseeable future. 'Time to slow down a little, gather our thoughts and focus on the next chapter! Thank you to everyone who has supported us over the past 6 years, and to our fantastic team, we couldn't have done it without you. 'The Restaurant is now for sale, if you would like to know more or request a viewing please message.' Following the announcement, hundreds of locals responded to the post expressing their sadness. Kevin Clarke said: 'Thank you all for the last six years. Amongst the best dining experiences in Pembrokeshire. Good luck for the next chapter.' Sue James-Davies added: 'Thank you for such an amazing fish restaurant experience over the years. Very sorry you are closing but wish you all the very best for the future. Narberth won't be the same without you, but you deserve to be happy!' Tina Blankson agreed: 'I'm really sad for you all, Tom! This is such sad news. Wishing you well, wherever you land, know that I will come and find you. All the best. To all, covered in much love hugs and very best wishes.' Caroline Husecken also wrote: 'So sad that you have closed you will be so missed by us all in Narberth you have been a huge asset to the town! Wishing you Tom, Sam and your team all the best for your future ventures!'

UPDATE -- Ready Capital Corporation Declares Second Quarter 2025 Dividends
UPDATE -- Ready Capital Corporation Declares Second Quarter 2025 Dividends

Yahoo

timean hour ago

  • Yahoo

UPDATE -- Ready Capital Corporation Declares Second Quarter 2025 Dividends

NEW YORK, June 14, 2025 (GLOBE NEWSWIRE) -- Ready Capital Corporation (NYSE:RC) (the 'Company') announced that its Board of Directors declared a quarterly cash dividend of $0.125 per share of common stock and Operating Partnership unit for the quarter ended June 30, 2025. This dividend is payable on July 31, 2025, to shareholders of record as of the close of business on June 30, 2025. Additionally, the Company announced that its Board of Directors declared quarterly cash dividends on its 6.25% Series C Cumulative Convertible Preferred Stock (the 'Series C Preferred Stock'), and its 6.50% Series E Cumulative Redeemable Preferred Stock (the 'Series E Preferred Stock'). The Company declared a dividend of $0.390625 per share of Series C Preferred Stock payable on July 15, 2025, to Series C Preferred stockholders of record as of the close of business on June 30, 2025. The Company declared a dividend of $0.40625 per share of Series E Preferred Stock payable on July 31, 2025, to Series E Preferred stockholders of record as of the close of business on June 30, Capital Corporation (NYSE: RC) is a multi-strategy real estate finance company that originates, acquires, finances and services lower-to-middle-market investor and owner occupied commercial real estate loans. The Company specializes in loans backed by commercial real estate, including agency multifamily, investor, construction, and bridge as well as U.S. Small Business Administration loans under its Section 7(a) program. Headquartered in New York, New York, the Company employs approximately 500 professionals Relations212-257-4666InvestorRelations@ Media RelationsPR@

Insiders At Vistra Sold US$39m In Stock, Alluding To Potential Weakness
Insiders At Vistra Sold US$39m In Stock, Alluding To Potential Weakness

Yahoo

timean hour ago

  • Yahoo

Insiders At Vistra Sold US$39m In Stock, Alluding To Potential Weakness

Over the past year, many Vistra Corp. (NYSE:VST) insiders sold a significant stake in the company which may have piqued investors' interest. Knowing whether insiders are buying is usually more helpful when evaluating insider transactions, as insider selling can have various explanations. However, when multiple insiders sell stock over a specific duration, shareholders should take notice as that could possibly be a red flag. While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. Notably, that recent sale by Scott Helm is the biggest insider sale of Vistra shares that we've seen in the last year. That means that even when the share price was slightly below the current price of US$174, an insider wanted to cash in some shares. When an insider sells below the current price, it suggests that they considered that lower price to be fair. That makes us wonder what they think of the (higher) recent valuation. However, while insider selling is sometimes discouraging, it's only a weak signal. This single sale was just 16% of Scott Helm's stake. In total, Vistra insiders sold more than they bought over the last year. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction! View our latest analysis for Vistra If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: Most of them are flying under the radar). Over the last three months, we've seen significant insider selling at Vistra. In total, insiders dumped US$22m worth of shares in that time, and we didn't record any purchases whatsoever. In light of this it's hard to argue that all the insiders think that the shares are a bargain. Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. It's great to see that Vistra insiders own 1.0% of the company, worth about US$576m. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders. Insiders haven't bought Vistra stock in the last three months, but there was some selling. Despite some insider buying, the longer term picture doesn't make us feel much more positive. But it is good to see that Vistra is growing earnings. While insiders do own a lot of shares in the company (which is good), our analysis of their transactions doesn't make us feel confident about the company. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. To assist with this, we've discovered 2 warning signs that you should run your eye over to get a better picture of Vistra. Of course Vistra may not be the best stock to buy. So you may wish to see this free collection of high quality companies. For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store