Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The chairman of UBS, Colm Kelleher, has announced that the bank will be acquiring its rival, Credit Suisse. The acquisition deal was brokered by Swiss authorities, and it was announced on Sunday. This… Continue reading Swiss authorities broker deal for UBS to acquire Credit Suisse
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Hedge fund managers and large investors are yet to be spooked by the current conditions in the global financial sector. The past two weeks have seen two of the largest banks in the… Continue reading Hedge funds regain confidence after the acquisition of Credit Suisse by UBS
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Credit Suisse is facing a crucial weekend as the lender’s future hangs in the balance. This weekend, the Chief Financial Officer at Credit Suisse, Dixit Joshi, and his teams will hold talks to… Continue reading Credit Suisse headed for a crucial weekend as executive hold talks
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. One Global Market Limited closed the financial year ending on September 30, 2022, with a 15.5% revenue drop. The company’s revenues during the period came in at £252,667. OGM reports a 15.5% drop… Continue reading Brokerage firm OGM reports a 15.5% drop in revenues for FY22
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Pepperstone, a retail brokerage firm based in Australia, has partnered with Geelong Cats. The latter is one of Australia’s leading football teams competing in the country’s top league. The partnership will see Pepperstone… Continue reading Pepperstone partners with Geelong Cats as it extends its presence in the sports sector
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Robinhood, one of the most used trading platforms by retail traders, is finding itself in the mid of a controversy again after traders complained of challenges in withdrawing the profits from trading against… Continue reading Robinhood traders unable to exercise put options on trades against Silicon Valley Bank
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Six of the largest investment firms globally have recorded $52.55 billion year-to-date capital outflows as of March 16, 2023. Four of the six firms are located in the United States, accounting for 80%… Continue reading Six of the largest investment firm globally had over $50B in capital outflows
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The collapse of Silicon Valley Bank, Silvergate Bank, and Signature Bank last week raised questions about the strength of the US banking system. While the closure of the two lenders spiked volatility in… Continue reading Recent collapse of US banks risks pushing crypto to other friendly jurisdictions
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Recently, there has been a lot of activity in the car industry, as the new rules regarding emissions are expected to arrive, which caused many major players to reconsider their paths and take… Continue reading Volkswagen is offering $537 million in cash subsidies for car purchases in China
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Noor Capital, a forex and contract for difference (CFD) brokerage company based in Dubai, has announced the acquisition of House of Borse. Noor Capital has “directly or indirectly” acquired at least 75% of… Continue reading UAE-based Noor Capital secures 75% shareholding in House of Borse
