The world's largest asset manager BlackRock (NYSE:BLK) has joined the equity swaps network Veris, developed by blockchain company Axoni.
According to a recent announcement, the $9.5-trillion giant is in good company in using Veris considering that Citigroup Inc. (NYSE:C) and Goldman Sachs Group Inc. (NYSE:GS) have already joined the network.
BlackRock will use Axoni's platform to match trades and confirm all of its terms upfront and keep all parties synchronized on post-trade events including amendments, positions and cash flows....More>>>
UBS Group set a €34.00 ($40.00) price target on Uniper (ETR:UN01) in a research report released on Thursday, Borsen Zeitung reports.
UN01 has been the subject of several other research reports. JPMorgan Chase & Co. set a €33.50 ($39.41) price target on Uniper in a research note on Wednesday, August 11th. Royal Bank of Canada set a €29.50 ($34.71) price target on Uniper in a research note on Thursday, August 26th. Berenberg Bank set a €32.00 ($37.65) price target on Uniper in a research note on Wednesday, August 4th. Credit Suisse Group set a €28.10....More>>>