Report reveals Credit Suisse helped rich clients evade taxes

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. An investigation by the US Senate Finance Committee has revealed that troubled Swiss bank Credit Suisse breached a 2014 plea deal agreement with the US Department of Justice. The investigation lasted for two… Continue reading Report reveals Credit Suisse helped rich clients evade taxes

Published
Categorized as Markets

Thailand regulator considers lifting retail investment limit for ICOs

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The Thailand Securities and Exchange Commission (SEC) is considering lifting the retail investment limit imposed on initial coin offerings (ICO). The regulator currently has a limit of 300,000 baht, equivalent to around $8,800,… Continue reading Thailand regulator considers lifting retail investment limit for ICOs

Published
Categorized as Markets

Crypto exchange Gemini reportedly plans to launch a crypto derivatives platform

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Gemini, one of the leading cryptocurrency exchanges owned by the Winklevoss twins, is currently assessing the possibility of launching a global crypto derivatives platform. The development comes amid prior reports that Coinbase, the… Continue reading Crypto exchange Gemini reportedly plans to launch a crypto derivatives platform

Published
Categorized as Markets

Axi extends partnership with Manchester City for multiple years

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Axi, a forex and contracts-for-difference (CFD) brokerage firm based in Australia, has announced extending its sports partnership deal with Manchester City FC. The broker has also extended its sponsorship rights to the Manchester… Continue reading Axi extends partnership with Manchester City for multiple years

Published
Categorized as Markets

ESMA shares its views on fractional shares as it calls for clarity

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The European Securities and Markets Authority (ESMA) has shared its views on fractional shares. The financial markets regulator for the European Union noted that the term “fractional shares” misled investors as they could… Continue reading ESMA shares its views on fractional shares as it calls for clarity

Published
Categorized as Markets

Saxo expands SaxoSelect offerings to Australian customers

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The Australian division of Saxo Bank has expanded its product offerings following the launch of SaxoSelect. SaxoSelect is a suite containing managed portfolios that target self-directed investors and self-managed funds. Saxo Australia launched… Continue reading Saxo expands SaxoSelect offerings to Australian customers

Published
Categorized as Markets

Sam Bankman-Fried faces another $40M additional Chinese bribery charge

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The former CEO of bankrupt cryptocurrency exchange FTX, Sam Bankman-Fried, is facing an additional charge of bribing Chinese officials. US prosecutors are charging Bankman-Fried with conspiracy to violate the Foreign Corrupt Practices Act,… Continue reading Sam Bankman-Fried faces another $40M additional Chinese bribery charge

Published
Categorized as Markets

Robinhood Securities to access a revolving credit facility of $2.175B

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Robinhood Securities, one of the most popular retail trading platforms, has amended its credit agreement with a bank syndicate. It marks the second time that the California-based brokerage platform is amending the credit… Continue reading Robinhood Securities to access a revolving credit facility of $2.175B

Published
Categorized as Markets

CMC Markets expects net operating income for FY2023 to hit £290M

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. CMC Markets has released its expected financial results for the fiscal year 2023, ending on March 31. The brokerage firm anticipates revenues for the period to range between £280M and £290M. CMC Markets… Continue reading CMC Markets expects net operating income for FY2023 to hit £290M

Published
Categorized as Markets

Cobalt announces plan to rebrand and relaunch its services as CobaltFX

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Cobalt, a company owned by United Fintech, has announced plans to rebrand and relaunch its services to CobaltFX. The firm is trying to focus solely on the foreign exchange market. Cobalt rebrands to… Continue reading Cobalt announces plan to rebrand and relaunch its services as CobaltFX

Published
Categorized as Markets