CySEC and FCA-UK regulated financial investment firm, AFX Capital announced today that it has renamed as AFX Group. The company says the move is the first step in their long term plan to create a scalable business structure under the AFX Group corporate umbrella in order to support further growth on a global scale. As…
Read moreSean O'Connor, CEO of INTL FCStone Inc., said, "The merger will establish a larger and more efficient capital base, and will allow us to offer all of our clients a broader scope of products in a more streamlined manner. This move will benefit both our growing base of clients as well as drive capital and operational efficiencies for our shareholders."
Read moreFormer Citi Venture Capital senior executive Dipak Rastogi speaks to LeapRate about FX industry consolidation, what to look for when buying an FX firm, and his plans in his new role at CFH Group where he will assist in the firm's acquisition campaign
Read more"As larger banks are pulling out of the prime brokerage space because of increasing margins and balance sheet requirements we view it as a great opportunity for smaller players to join us in a bigger effort to fill the gap left by the banks" - Christian Frahm, CEO, CFH Group
Read moreINTL FCStone has today made an official statement concerning the consolidation of its two UK businesses
Read moreMore consolidation as French Bank absorbs global multi-asset brokerage Newedge which was formed in 2008
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