The company said the strategic move aims to strengthen HKEX's presence in the Middle East and facilitate greater connectivity between the two regions. HKEX is aiming to promote new opportunities for its customers and issuers, with the Riyadh office predicted to serve as a crucial hub for HKEX to engage with investors and companies. Saudi…
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The new facilities are said to house a combined workforce of 800 employees, significantly bolstering the company's presence in the country. Since establishing its Global Capability Centre in India in 2019, StoneX has experienced solid growth and now employs over 550 staff in-country, contributing to its global workforce of more than 4,300 employees. Greg Kallinikos,…
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The investigation originated from Käärmann's inclusion on the HMRC list of individuals who received penalties for deliberate tax defaults in 2017/2018. While the FCA said in its release that it did not find that Käärmann acted with a lack of integrity or was unfit to perform his role, it determined that he should have notified…
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The latest move brings the total number of blacklisted websites to 1,162 since July 2019. The blacklisted websites include: Tradetospace Global Limited (website: https://tradetospace.com) Continental Invest Ltd (website: https://continental-invest.ltd) "TradexService" (website: https://tradexservicescfd.com) "2139 Exchange" (websites: https://2139b.com and https://2139c.com) "Eminent Miner" (website: https://eminent-miner.com) Consob used its authority granted by the "Growth Decree" and additional powers introduced…
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The move is aimed at bolstering Montreux's presence in the financial services industry and capitalising on the growing market for cross-border transactions. GC Partners has two decades of experience and has built a strong reputation for delivering tailored financial solutions to clients worldwide. The company's global network of offices enables it to provide efficient and…
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The company took part in the Eurosystem's exploratory work on new technologies for wholesale central bank money settlement, with the initiative, led by the European Central Bank (ECB), aiming to explore the potential of distributed ledger technology (DLT) in enhancing financial market infrastructures. Eurex explained that the trials focused on cash settlement in cleared intraday…
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The global payment services provider explained in its press release announcing the deal that the collaboration combines Worldline's extensive transactional data with Visa's Cybersource Decision Manager, offering businesses a powerful tool to combat fraud and optimise customer experiences. The partnership is said to be particularly beneficial for the travel industry, where both Worldline and Visa…
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The CFPB said it found that Apple failed to send tens of thousands of consumer disputes to Goldman Sachs, the issuing bank for Apple Card. When disputes were eventually sent, Goldman Sachs did not follow federal requirements for investigating them, leading to delays in refunds and negative credit reporting. Additionally, Apple and Goldman Sachs reportedly…
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According to reports, the employee, a man in his 20s, is alleged to have provided information on listed companies' tender offers to a relative, who then used the information to profit from equity trading. The SESC reportedly launched its investigation in September, and JPX has pledged to fully cooperate with the probe. The specific details…
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According to a FINRA Letter of Acceptance, Waiver, and Consent (AWC), Interactive Brokers made errors in calculating the number of excess shares of stocks listed on European exchanges it had available to return to customers. This resulted in over 800 instances where the firm returned borrowed shares prematurely, causing them to fall into a segregation…
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