Vanguard Launches Short-Term Tax-Exempt Bond ETF

Vanguard today launched Vanguard Short-Term Tax-Exempt Bond ETF (Ticker: VTES). The new municipal bond index ETF is managed by Vanguard Fixed Income Group and is designed for tax-sensitive investors with a short-term time horizon and low interest rate risk tolerance. “Vanguard Short-Term Tax-Exempt Bond ETF is built to optimize tax efficiency for investors seeking to allocate to the shorter end of the municipal bond market,” said Sara Devereux, global head of Vanguard Fixed Income Group. “The...

Tianyu Eyes European Payments Market in 2023

Tianyu Information (300205.SZ), one of the world’s largest manufacturers of smart payment terminals, aims to grow its presence in the European market following the company’s successful participation in the world’s leading retail trade fair, EuroShop, that took place between February 26 and March 2 in Dusseldorf, Germany. “We are pleased to meet our partners at the exhibition and discuss our business plans for 2023 in Europe, as well as other regions such as Asia Pacific, MEA, North America, and Latin America,” said David...

BankProv Appoints Two New Members to Executive Leadership Team

BankProv, a future-ready commercial bank that offers technology-driven banking solutions to its clients, is pleased to announce that it has recently appointed Janine Jakubauskas to the role of Chief Risk Officer and David Gagnon to the role of Chief Credit Officer. Jakubauskas joined the Bank in April 2022 as Senior Vice President, Enterprise Risk Officer after holding key roles at the Federal Reserve Bank of New York, HSBC Bank, and most recently Signature Bank. In her new position as Chief Risk Officer, Jakubauskas will continue to...

Gate Group Announces Plans to Launch New Visa Debit Card in Europe

Gate Group, a pioneer in the crypto industry and famous for its crypto exchange Gate.io, has announced the planned launch of the Gate Visa debit card through Gate Global UAB, the Group’s Lithuania-based company, allowing users an easier way to convert and spend their cryptocurrency in the real world seamlessly. The new Gate Visa debit card offers users a simple method to convert their crypto assets into fiat for in-store and online purchases, providing a seamless and secure way for users to spend their cryptocurrency at the 80...

Trading Technologies acquires AxeTrading

Trading Technologies International, Inc. (TT), a global capital markets technology platform provider, announced that the firm has acquired London-based AxeTrading, a leading global provider of fixed income trading solutions. The acquisition marks a significant broadening of TT’s multi-asset capabilities with an expansion into full coverage of corporate, government, municipal and emerging market bonds as well as over-the-counter (OTC) interest rate swaps, strengthening TT’s leading position in fixed income derivatives and U.S. Treasuries. Terms of the transaction...

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