Markets

XTB, a popular financial company, has chosen Aleksander Chłopecki to lead its Supervisory Board. The company said this choice is key to enhancing its management. Chłopecki is famous for his knowledge of law and finance. The announcement was shared by...

Lloyds Banking Group is planning to close its contact centre in Liverpool this year, making about 500 workers travel to Chester for work. The bank is also planning to cut hundreds of jobs. According to Lloyds, closing the Liverpool contact...

Andrey Dashin’s Exinity is seeing major changes in its management team. The company said senior executives will leave in the first quarter of this year. These executives are Matthew Wright, the Group Chief Operating Officer; Behram Nasir, the Group General...

Robinhood, an online brokerage company, agreed to pay $45 million to settle issues with the US Securities and Exchange Commission (SEC). The company faced charges for not following some important rules. These issues include not keeping records properly, not investigating...

Deus X Capital, a billion-dollar digital asset investor, announced that it has rolled out Deus X Markets, a new trading tech solutions firm that aims to shake up how people can join the markets. The new company, led by ex-IG...

ICAP, part of the TP ICAP Group, has opened a new Dry Bulk Commodities Desk in Copenhagen. It will focus on brokering physical ferrous and non-ferrous metals. Joachim Emanuelsson, the Chief Executive Officer of TP ICAP’s Energy and Commodities Division...

BlackRock has asked the Federal Deposit Insurance Corporation (FDIC) to extend the deadline until March 31. This extension would allow more time to agree on how asset managers, like BlackRock, should invest in large banks when they own 10% or...

The Consumer Financial Protection Bureau (CFPB) announced that it is looking for public input to improve privacy and consumer protections in digital payments. The agency said it wants to ensure people are safe from harmful surveillance and errors when they...

India has decided to wait a little longer before introducing a rule that would limit how much of the market third-party app providers can have in the country’s Unified Payments Interface (UPI). The National Payments Corporation of India (NPCI) extended...

Singapore authorities have reported that Polymarket is now listed as an “illegal gambling site” and has been blocked in the country. The Gambling Regulatory Authority (GRA) confirmed that Singaporeans trying to access the crypto-betting platform are now shown a warning...

Bank Alfalah has acquired a 9.9% equity stake in Jingle Pay, one of the fastest-growing fintech companies in the MENAP region. The bank said this move highlights its focus on digital banking and financial inclusion in important markets. Jingle Pay...

De La Rue has received a takeover offer from a group of companies led by British investor Edi Truell, making the company’s shares jump by 14%. The firm had been talking about selling a 40% share to the group, which...

BNP Paribas shared that it will now use Oracle Exadata Cloud@Customer to improve how it handles databases. The bank explained that the decision is part of its goal to give better and safer services to its customers. It also hopes...

The cryptocurrency over-the-counter (OTC) market grew a lot in 2024, with trading volumes jumping more than twice as much. This growth was because top financial companies started using crypto more, and market conditions were good. The total OTC trading activity...

PLUGIT has hired Myria Evdokimou as the Head of Business Development and Partnerships. According to the update, Myria shared her excitement on LinkedIn, saying this new role is an important step in her career. She also said she plans to...