Markets

Pixar Animation Studios by Walt Disney has gotten rid of 75 positions. These positions include those belonging to two executives that are behind the “Lightyear” flop. The recent job cuts are the first significant job trims that have been reported...

UBS is planning to complete its takeover deal for Credit Suisse as early as June 12. The closure of this takeover deal will see UBS emerge as the largest Swiss bank, with a balance sheet of $1.6 trillion. UBS’s takeover...

Saudi Arabia has reported a significant increase in card payments in the first half of 2023. The interest in electronic cash payments is on the rise. As the preference for this method of making payments continues to increase, the country...

The Financial Conduct Authority (FCA) recently discovered that ED&F Man Capital Markets enabled its clients to gain £20 million in illegal tax reclaims. This was possible through dividend arbitrage trading, also known as cum-ex, which is a type of financial...

Following the US SEC’s recent complaint against Binance and its leadership, the exchange was placed under the spotlight, and with it, the microscope. It wasn’t long before new reports started emerging, and this time, Binance was exposed as an alleged...

Recently, the US SEC attracted a lot of criticism for its complaint against Binance, which will lead to another lengthy legal battle, since the world’s largest exchange refused to settle. However, Cardano (ADA) views it as a cause for concern,...

Blockchain technology continues to attract financial institutions, as even the banks cannot deny its efficiency, security, and potential. Right now, JPMorgan Chase & Co., a US-based multinational financial giant, is collaborating with Indian banks in an attempt to create a...

GTC Forex, a multi-asset brokerage platform headquartered in Dubai, has announced a strategic partnership deal with Acuity Trading. The deal is focused on providing GTCFX customers with better market research tools that will enable them to improve their trading decisions....

Match-Trade Technologies has announced a partnership deal with ZuluTrade International Limited, a company under the FINVASIA Group. This partnership deal will consolidate the company’s position in the trading industry. Match-Trader partners with Zulu Trade Match-Trader Technologies is the creator of...

NomuPay is a unified payments platform whose headquarters are based in Dublin. The payments platform has now closed a $53.6 million funding round. The funds raised in this funding round will go towards unlocking the possibility of accepting local payments...

Monzo, a digital bank based in the United Kingdom, has reported a 2.3 times growth in revenue for the 2023 financial year. The digital bank has also moved into profitability for the first time ever in the first two months...

HSBC is currently working with the Quantinuum technology company. The two will be working together on a series of exploratory projects that seek to adopt quantum computing in the banking industry. HSBC partners with Quantinuum HSBC has been ramping up...

UBS, a leading bank in Switzerland that acquired troubled lender Credit Suisse, could see its assets being reduced to a quarter of its current holdings. This change will likely happen if a proposal tabled by some of the legislatures in...

UP Fintech Holding Limited, which is one of the leading online brokerage companies and an operator of the Tiger Brokers trading brand, has released its financial results for the first three months of 2023. The results show a significant recovery...

Japan is set to unveil a strict crypto monitoring game that will commence in June. To achieve compliance with these new guidelines, the bitFlyer cryptocurrency exchange has adopted strict anti-money laundering guidelines for cryptocurrency transactions. BitFlyer crypto exchange supports FATF...