The cancellation, which took effect on August 11, 2025, ends more than a decade of the brokerage’s operations under its licence. AIMS, which provided forex and derivatives services, lost its authorisation after failing to submit financial statements, meet organisational competence requirements and comply with financial services law. ASIC also said the firm had not paid…
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The renewed agreement builds on the collaboration first established in October 2024 and will see Ebury continue to provide its payments and currency exchange expertise to support the club’s growth. Southampton FC, which was relegated last season, will also maintain access to Ebury’s online payments platform, money transfer services and FX solutions. As part of…
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Microsoft is still holding its higher market cap compared to its main competitor, Apple, with $3.75 trillion against $3.02 trillion. Recently, Microsoft’s web-based platform “SharePoint” was hijacked, with Microsoft quickly reacting with patches to resolve the issue. As of today, there was no significant effect on the share price, but as the story unfolds, we…
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The transaction is expected to be completed in early 2026, subject to customary regulatory approvals from the Financial Conduct Authority (FCA) and the U.S. Financial Industry Regulatory Authority (FINRA). Close Brothers CEO Mike Morgan said, “This transaction marks another important step in simplifying the group to focus on our core specialist lending business.” The sale…
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In an industry often dominated by digital screens, Exness emphasized the power of human connection. The five-day summit, held from 18 to 22 June, served as a dynamic platform for connection and collaboration. With 19 distinguished speakers and panelists on stage, and 200 dedicated Exness employees on hand, the atmosphere was charged with shared ambition…
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The deal will see TSB integrated into the Santander UK group, making it the third-largest bank in the UK by personal current account balances. It would also be the fourth largest when it comes to mortgages. Santander said the acquisition values TSB at 5x projected 2026 earnings after synergies and 1.45x tangible book value as…
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The rotation of capital to the US stocks was not fully reflected for other indices: DAX, FTSE100 and Hang Seng have shown limited momentum, whereas Japanese Nikkei was more active, but still far from achieving all-time-highs. Thus, we can conclude that the “Sell America” narrative is stepping back in the agenda after resolving the crisis…
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The recent news follows a period of significant activity for IC Markets, with the company actively expanding its global footprint with new licenses and strategic hires. The firm recently secured a license in the United Arab Emirates (UAE), enabling it to tap into the burgeoning Middle East market. This move aims to provide traders in…
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The action targets six unauthorised financial intermediation websites and one platform conducting an unlawful offer of financial products without a required prospectus. Consob exercised its powers under the “Growth Decree” to enforce the blackout. The blacklisted websites include: EXT24 (https://ext247.co and https://my.ext247.co) Rgroupltd (https://rgroupltd.cm and and pages https://client.rgroupltd.cm and https://webtrader.rgroupltd.cm) Trevorex (https://trevorrex.com and https://app.trevorrex.com) AHP…
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Coinbase believes the approval marks a pivotal moment, enabling it to operate under a unified regulatory framework and serve a market of more than 450 million people. “This milestone enables us to offer a full suite of crypto products and services to 450 million people across all 27 European Union member states,” Coinbase said. The…
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