US Federal Reserve delivers a 25 basis point hike amid banking turmoil

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The Federal Reserve hiked interest rates by 25 basis points on Wednesday. During the Federal Open Market Committee (FOMC) meeting, the Fed also hinted at pausing further hikes following the recent turmoil in… Continue reading US Federal Reserve delivers a 25 basis point hike amid banking turmoil

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Robinhood partners with Capitalize for seamless 401(k) rollovers

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Robinhood Markets, one of the leading social trading platforms, has announced a partnership deal with Capitalize. The partnership will support the rolling over of retirement accounts by allowing traders to locate and transfer… Continue reading Robinhood partners with Capitalize for seamless 401(k) rollovers

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Citigroup CEO says there is no credit crisis despite the failure of US banks

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The CEO of Citigroup, Jane Fraser, has said that she is confident with the US banking system. Her remarks come after several bank closures in the United States and the crisis at Credit… Continue reading Citigroup CEO says there is no credit crisis despite the failure of US banks

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Broadridge partners with Apex to improve tax experience for wealth managers

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Broadridge Financial Solutions, one of the largest fintech companies, has announced a partnership deal with Apex Silver. The deal seeks to offer comprehensive solutions for cost-basis processing. The two companies will also report… Continue reading Broadridge partners with Apex to improve tax experience for wealth managers

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Gainy partners with fintech firm DriveWealth for autopilot trading

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Gainy, a retail trading platform based in San Francisco, has announced a partnership deal with DriveWealth. Gainy is a platform that is focused on Gen Z and millennial investors. Gainy will give its… Continue reading Gainy partners with fintech firm DriveWealth for autopilot trading

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SEC says DailyFX is illegally soliciting investments from investors

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The US Securities and Exchange Commission (SEC) has said that DailyFX is barred from soliciting investments from investors. The SEC has added DailyFX to the Public Alerts: Unregistered Soliciting Entities (PAUSE) list. SEC… Continue reading SEC says DailyFX is illegally soliciting investments from investors

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Hong Kong to adopt a friendly crypto regulatory framework in June 2023

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The Secretary for Financial Services and the Treasury in Hong Kong, Christian Hui, has revealed that over 80 crypto companies want to expand their operations to Hong Kong. These firms are seeking the… Continue reading Hong Kong to adopt a friendly crypto regulatory framework in June 2023

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Cyprus financial market regulator withdraws ICF membership from three brokers

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The Cyprus Securities and Exchange Commission has withdrawn the Investor Compensation Fund (ICF) membership from three Cyprus Investment Firms (CIFs) that are no longer operational. The CIF licenses for the three CIFs had… Continue reading Cyprus financial market regulator withdraws ICF membership from three brokers

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OANDA launches CFDs exposure to leading US and UK stocks

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. OANDA, one of the leading players in the multi-asset retail trading sector, has expanded its contracts for difference (CFDs) offerings. The brokerage company will now offer CFDs beyond European equities, with the new… Continue reading OANDA launches CFDs exposure to leading US and UK stocks

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US deposit outflows ease as confidence in the banking system slowly resumes

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. A US government official has said that the deposit outflows leaving most regional banks over the past two weeks have since slowed down. A large number of deposit outflows was witnessed after the… Continue reading US deposit outflows ease as confidence in the banking system slowly resumes

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