Category: Markets

Barclays To Pay A $1m Fine For Repeatedly Botching Its Net Capital Calculations

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The Financial Industry Regulatory Authority (FINRA) recently slapped Barclays Capital Inc. with a $1 million fine for repeatedly botching its net capital calculations. According to the regulator, the bank’s net capital calculations ended… Continue reading Barclays To Pay A $1m Fine For Repeatedly Botching Its Net Capital Calculations

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Checkout.com Cuts Almost A Quarter Of Its Workforce After A Revenue Drop

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Checkout.com, a UK-based payment processing firm, recently decided to cut nearly a quarter of its staff following a major drop in revenue. The company’s accounts for 2023 show that Checkout.com saw its processing… Continue reading Checkout.com Cuts Almost A Quarter Of Its Workforce After A Revenue Drop

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Russian Banks To Start Working On AI Solutions With China

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. According to a recent report by the Russian state news agency, TASS, the country’s largest bank, Sberbank, was ordered by Putin to collaborate with China on the development of AI-based services. The report… Continue reading Russian Banks To Start Working On AI Solutions With China

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IRS and Treasury Are Facing Legal Action Over New Rules For Crypto Brokers

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The US Treasury and the Internal Revenue Service (IRS) are facing legal action from multiple blockchain trade groups over the recently introduced rules involving cryptocurrency brokers. Recently, the Treasury and the IRS released… Continue reading IRS and Treasury Are Facing Legal Action Over New Rules For Crypto Brokers

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Team Vitality Shows Off New Jersey with Hummel The New Year

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The French esports team Team Vitality has revealed a new jersey for this year, created in partnership with the Danish sportswear company Hummel. The new jersey features the team’s signature colors and identity,… Continue reading Team Vitality Shows Off New Jersey with Hummel The New Year

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China Introduces New Rules For Local Banks To Flag Risky Transactions, Including Crypto Trades

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. China’s authorities ended the previous year by launching a new set of rules for the local banks which will require them to flag risky transactions, including those that involve cryptocurrencies. As a direct… Continue reading China Introduces New Rules For Local Banks To Flag Risky Transactions, Including Crypto Trades

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Terraform Labs Co-Founder Do Kwon Finally Extradited To The US

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The co-founder and former CEO of Terraform Labs, Do Kwon, was finally extradited to the US nearly two years after being arrested by the authorities in Montenegro. The move comes only days after… Continue reading Terraform Labs Co-Founder Do Kwon Finally Extradited To The US

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UK Mobile Banking App Dave Faces A US Lawsuit After Allegedly Misleading Customers

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The US Department of Justice and Federal Trade Commission recently launched legal action against the UK-based mobile banking app known as Dave. The lawsuit claims that the app misled its customers regarding its… Continue reading UK Mobile Banking App Dave Faces A US Lawsuit After Allegedly Misleading Customers

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Clive Kahn Appointed As New Chief Executive Officer Of Alpha Group International

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Alpha Group International shared that Clive Kahn has started as the new Chief Executive Officer (CEO) of the company. He took over from Morgan Tillbrook, who stepped down on 31 December 2024. Kahn’s… Continue reading Clive Kahn Appointed As New Chief Executive Officer Of Alpha Group International

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Justice Department Files Action Against Dave Inc. For Misleading Consumers

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The Justice Department and the Federal Trade Commission (FTC) have filed a lawsuit against Dave Inc. and its Co-Founder, Leader, and Chairman, Jason Wilk. The lawsuit claims that Dave and Wilk have broken… Continue reading Justice Department Files Action Against Dave Inc. For Misleading Consumers

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