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Author : Ali Raza
About Ali Raza PRO INVESTOR
Ali is a professional journalist with experience in Web3 journalism and marketing. Ali holds a Master's degree in Finance and enjoys writing about cryptocurrencies and fintech. Ali’s work has been published on a number of leading cryptocurrency publications including Capital.com, CryptoSlate, Securities.io, Invezz.com, Business2Community, BeinCrypto, and more.
Stories by the author
Federal court fines operator of binary options scam $561K
A federal court in Ohio has ordered Jared Davis to pay $561,971 in restitution to the victims of a fraudulent scheme. Davis is the mastermind of a $10 million...
FDIC gets ready to place First Republic Bank under receivership
The US Federal Deposit Insurance Corporation (FDIC) is preparing to place First Republic Bank under receivership. Reports on this development sent FRC's shares tumbling, dropping by over 43% on...
US oil giants Exxon and Chevron report a solid increase in earnings
Two of the largest oil companies in the US, Exxon Mobil Corp and Chevron Corp, have been making solid revenues from their booming oil and gas operations. However, the...
Swiss broker Dukascopy reports a 200% increase in profits
A retail forex and contracts-for-difference (CFD) broker and retail banking provider based in Switzerland has released its annual report for the 2022 financial year. In this report, the brokerage...
Standard Chartered’s Zodia Custody closes a $36 million raise
Zodia Custody, a cryptocurrency custody platform created by Standard Chartered towards the end of 2020, raised $36 million in a Series A funding round. The funding round attracted the...
Monex Group posts a 474% increase in pre-tax income
Monex Group, based in Japan, has released its financial results for the 2023 financial year. The results show a notable drop in revenue and profitability annually. In the results,...
CME Group posts second-highest quarterly revenues
The CME Group has released its results for the first quarter of 2023. The derivatives marketplace reported revenues of $1.4 billion during the first three months of 2023. The...
UK’s FCA detects surveillance gaps for CFD service providers
The UK Financial Conduct Authority has reported "gaps in surveillance" among companies offerings contracts for difference (CFD) products. The FCA addressed these gaps in market abuse and manipulation in...
Leading brokerage company XTB posts record profits in Q1 2023
XTB, one of the largest online trading platforms, has reported strong results for the first quarter of 2023. The broker had a consolidated net profit of EUR 64.4 million...
Google parent company announces plan to buy back stock amid a slight drop in ad sales
Google’s parent company, Alphabet, plans to buy back $70 billion worth of stock. The buyback plan also comes after the company released its profits and revenue for the first...
