Hopkinson joins the emerging markets-focused FX and payments provider immediately and will be appointed as an Executive Director pending regulatory approval. Hopkinson has over 25 years of experience in global banking, FX, and payments. He spent nearly two decades at Standard Chartered, working across Africa, Asia, and the UK, including as Global CFO of retail…
Read more
The fine is said to be for breaches of organisational requirements related to derivative sales, investment advice recording, and account switching delays at its Postbank branch. The largest portion of the fine—€14.8 million—was issued for Deutsche Bank’s failure to investigate and address compliance shortcomings in its sale of currency derivatives in Spain. The bank took…
Read more
The companies said in a press release that the app is aimed at making copy trading more accessible for traders of all levels. The app allows users to follow and replicate the strategies of top traders in real time, directly from their mobile devices. They explain that the platform integrates Brokeree’s desktop Social Trading solution,…
Read more
Jungo Brüngger, currently a member of the Board of Management at Mercedes-Benz Group AG, brings extensive experience in legal affairs, governance, and sustainability. She oversees integrity, governance, and compliance functions and also serves on the supervisory boards of Munich Re and Daimler Truck Holding AG. Tretikov is a technology expert, specialising in artificial intelligence and…
Read more
The agreement will see HKEX and CMU OmniClear explore initiatives aimed at improving efficiencies across equities and fixed-income markets. They will also look at expanding the use of Mainland bonds as collateral, and advancing Hong Kong’s role as a bond issuance centre. The collaboration is also expected to contribute to the transformation of CMU into…
Read more
Exclusive Markets said Monday that it has officially expanded its presence in the Middle East and North Africa (MENA) region with the opening of a new representative office in Dubai. The company said it is also launching a special offer for Ramadan, offering traders the chance to win a VIP trip to Dubai and other…
Read more
The partnership is said to aim to provide brokers with enhanced hosting infrastructure and access to Brokeree’s flagship investment systems, including Social Trading, PAMM, and Prop Pulse. “This partnership provides premium hosting infrastructure, guaranteeing 99.99% uptime and around-the-clock expert support to ensure a seamless trading experience for brokers and their traders,” said Brokeree. The firm…
Read more
The Copenhagen-based investment bank also saw client numbers grow to nearly 1.3 million (from 1.12 million), while client assets hit an all-time high of EUR 114 billion, up from EUR 100 billion in 2023. CEO Kim Fournais credited the strong performance to Saxo Bank’s commitment to delivering value, citing the bank’s new global pricing strategy…
Read more
The affected sites include three unauthorised financial intermediaries and one website promoting financial products without a prospectus, according to the regulator. Consob said it exercised its authority under the "Growth Decree," which allows Consob to block access to fraudulent financial services operating online. The websites ordered to be blacked out are: Flowtradey (https://flowtradey.nl) State Street…
Read more
The division will integrate the expertise of Nomura Trust and Banking Co., Ltd. and Nomura Bank (Luxembourg) S.A., focusing on private markets, bespoke financial products, asset building, and estate planning. The firm said the decision to launch the new division was driven by the “megatrends of inflation, the changing interest rate environment and Japan's push…
Read more