LuxSE signs Memorandum of Understanding with Macau’s exchange LeapRate

January 14, 2020 BY Valentina Kirilova

LuxSE signs Memorandum of Understanding with Macau's exchange

The Luxembourg Stock Exchange (LuxSE) has earlier this week signed a Memorandum of Understanding (MoU) with Chongwa (Macao) Financial Asset Exchange Co., Ltd. (MOX) in Macau. MOX is Macau’s only exchange, established in 2018. The cooperation will mostly focus on promoting cross-border investment and liquidity for offshore RMB-denominated financial products. Robert Scharfe, CEO of LuxSE,…

December 08, 2019 BY Mariela Naydenova

Former JPMorgan banker testifies for cartel prosecution: there was no agreement

On Friday, December 6th, in a prosecution hearing against a potential criminal cartel case involving Deutsche Bank AG and Citigroup INC, the former JPMorgan head of markets, Jeff Herbert-Smith, served as a prosecution witness claiming that the banks never colluded in the first place. The testimony actually served as a blow to the prosecution case…

July 19, 2019 BY Valentina Kirilova

Singapore teams up with Kenya on developing digital infrastructure

The Monetary Authority of Singapore (MAS) has announced that it has teamed up with the Central Bank of Kenya (CBK), signing a FinTech Cooperation Agreement to support digital infrastructure development in Kenya. The partnership aims to develop basic digital infrastructure services for Kenya, including identity, data and Know-Your-Customer utility, based on a set of common…

April 25, 2019 BY Valentina Kirilova

Wirecard teams up with SoftBank for APAC push

Japan’s technology company SoftBank Group Corp (TYO:9984) has announced that it will invest €900 million in Wirecard (ETR:WDI), the German digital payments company. SoftBank will buy 5-year Wirecard bonds that can convert into an equity stake. The Japanese company stated that the bonds will convert into a 5.6% stake in Wirecard at a price of…

Tag: agreement