Markets

5 July 2023

FCA Says UK’s City Credit Has Entered Insolvency

City Credit Capital (UK) Limited (CCCUK), a brokerage platform dealing in forex and contracts for difference (CFD) offering, has become insolvent. The UK financial market regulator, the Financial Conduct Authority (FCA) revealed that the broker was now into bankruptcy administration....

4 July 2023

BBVA Sets Up A Financial Crime Prevention Unit

BBVA has set up a financial crime prevention division, becoming the first bank in Spain to launch such an offering. The bank said that the goal behind creating the unit was to develop a comprehensive solution model that addresses the...

4 July 2023

BNB Paribas Enters Negotiations For Orange Bank Takeover

Orange, the largest telecoms operator across France, has announced that it has entered strategic talks with the BNB Paribas bank. The goal of these discussions is to bring online retail banking clients to Orange Bank under BNB Paribas. BNB Paribas...