Markets

Anne Boden, the founder of Starling Bank, has stepped down from the board to pursue a venture in artificial intelligence. Boden, who founded the digital bank in 2014, now dedicates her efforts to AI By Boden, a company she registered...

During the iFX EXPO 2024 gathering, Dr. George Theocharides, the Head of the Cyprus Securities and Exchange Commission (CySEC), gave a speech concerning proprietary trading firms. He said Prop trading firms will be watched more closely soon and in the...

When Premier League winners Manchester City face Tottenham Hotspur in late November, both teams will wear shirts with crypto companies' logos on the sleeves. Tottenham Hotspur has revealed a global brand partnership with Kraken, starting before the 2024/25 season. Kraken...

Wirex, a top Web3 money application, and Visa, a global leader in digital payments, expanded their partnership. The move aims to increase the use of digital currencies in the European Economic Area and the United Kingdom. According to the update,...

Tether has appointed former Chief Economist at Chainalysis, Philip Gradwell, as its Economics head. On its website, the company said Gradwell will help the firm understand digital money better and talk more clearly with regulators and stakeholders. Gradwell has worked...

Online broker eToro has collaborated with SDA Bocconi to strengthen its presence in the European and fintech sectors. The company offers trading and investment services on its platform. It recently announced that it joined Milan's European Financial Service Technology Hub,...

Bank of America has introduced a smart transaction search tool with built-in investigation features on its CashPro platform. This tool will make financial management easier and faster for treasurers, corporate finance departments, and Chief Financial Officers. It offers users the...

Poland's antitrust regulator fined PayPal $27.3 million because it did not adequately specify the actions that could result in penalties in its user agreements. The perceived lack of clarity in these provisions has sparked worries regarding the protection of consumers...

Lloyds Bank Group plans to transform old data centers and former office locations into fresh social housing initiatives. The Group wants to find suitable housing allies in the areas who will manage the refurbishment of the sites and make more...

Petros Kalaitzis has joined prop trading firm FunderPro after leaving his role at Tools for Brokers. He is now FunderPro’s Chief Executive Officer and will oversee the company’s operations as it vies for a more significant market share. Kalaitzis is...

Partior, the payment network using DLT, has recently shared that it has concluded the first part of its $60 million Series B funding round. This was led by Peak XV Partners (formerly Sequoia Capital India & SEA) and included Jump...

AT Global Markets (UK) Limited, the operator of ATFX, has announced its revenue results for the 2023 fiscal year. According to the report, the firm gained an annual turnover of over £8.18 million. This shows a 95.8% surge from the...

Equiti Capital UK Limited, a part of Equiti Group regulated by the Financial Conduct Authority (FCA), said its total income was slashed by 30% compared to a year ago. However, the company saw significant profits and trading revenue last year....

CVC Capital Partners has put OANDA, a well-known name in the forex and contracts for different brokerage industries, on the market. CVC Capital Partners, an Amsterdam-listed private equity firm, wants to sell the brokerage firm. Even though there haven't been...

DWS, a top fund company in Europe, has launched a new stablecoin as it is set to unveil Germany's first legal cryptocurrency next year. The company's Chief Executive Officer, Stefan Hoops, shared the news and said many big financial firms...