Markets

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 United States collapsing and banking giant Credit...

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 assess several strategic decisions for the bank....

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 in revenues for FY22 One Global Market...

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 expanding its sponsorship presence in the sports...

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 Silicon Valley Bank and Signature Bank. The...

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% of the total outflows. Large investment firms...

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 bank stocks, it also triggered uncertainty in...

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 interesting moves. For example, SAIC Volkswagen Automotive...

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 the shareholding of the House of Borse....

There was increased volatility in the retail market on Monday because of the effects triggered by the closure of Silicon Valley Bank last week. On Monday, retail trading volumes for securitized derivatives nearly doubled against the daily average despite uncertainty...

The Cyprus Securities and Exchange Commission (CySEC) has shared the regulatory activities that it completed in 2022. The regulator said it supervised 837 regulated institutions by the end of 2022. It also imposed fines totaling €2.9 million during the year....

Facebook's parent company, Meta, has announced that it will be laying off an additional 10,000 employees. Meta had already laid off around 13% of its workforce in the fall, and it has become the largest Big Tech firm to announce...

eToro, a social trading network based in Israel, has lowered the leverage that can be taken on new trading positions within the banking sector. Traders on the platform have been limited to maximum leverage of X1. The trading platform attributed...

First Republic, a private bank based in the United States, has revealed that it obtained additional financing through JPMorgan Chase & Co. The additional funding gave the bank access to $70 billion worth of funds. First Republic gets additional financing...

Authorities in the United States announced a series of emergency measures that could be taken to boost confidence in the US banking system. The authorities are taking these measures to boost confidence in the banking industry after the demise of...