FCA permanently bans marketing of mini bonds
The FCA will extend it to other speculative investments that are hard to trade.
Trade Finance
Greensill acquires Colombian fintech Omni to turbocharge LatAm growth
Omni operates across Chile and Colombia.
UniCredit teams with fintech Taulia to boost trade finance capacity
The fintech will allow the bank to serve more clients in and outside of Europe.
Nigerian fintech KiaKia launches P2P lending investment app
Until this announcement, its P2P lending investment service has been exclusive.
IBM joins 12 banks backing blockchain platform We.Trade
From July 2020, We.Trade is on the look out for more bank partners.
UK green investment platform Clim8 raises £1.35m
The fintech is due to launch sometime this summer.
European regulators lift short-selling bans
Austrian, Belgian, Greek, French, Italian and Spanish regulators took a joint decision to lift the restrictions.
SoftBank warns of $9.6bn investment losses due to coronavirus
In addition to WeWork, it also blamed the losses outside of the Vision Fund on OneWeb.
SoFi acquires Hong Kong stock trading app 8 Securities
“Hong Kong, a financial capital of Asia, is ripe for innovation,” says SoFi’s CEO.
Aquis Exchange selects big xyt’s Liquidity Cockpit
Aquis looks to support its market analytics following a bumper 2019.
The rise of P2P FX
P2P initiatives aimed at helping corporates transact more efficiently will continue to gain traction.
Fintech investment tips: ETFs, CFD and beyond
Opportunities for traders are no less diverse in the modern market.
2020 Review: Top five outages, data breaches & cyber-attacks this quarter
Reflecting on some of the most topical outages & cyber-security attacks this past quarter.
2020 Review: Top 10 M&A deals this quarter
A look back at some of the biggest deals this past quarter.
French markets regulator backs extension of short-selling ban
“I would probably be in favour of extending [the ban],” says chairman of the AMF.
Banking Technology April 2020 issue out now
All things equal: Closing the gender gap in fintech.
Trade finance fintech Envoy is ready for the coronavirus rebound
Banks will be “very hungry to get their money back,” says CEO.
Revolut loses its head of wealth and trading, a former Freetrade co-founder
André Mohamed leaves after 18 months at the challenger bank.
Keeping traders trading from home
Traders have found themselves operating in a new world.
Spanish regulators approve $2.8bn SIX takeover bid for BME
SIX has been going head-to-head with Euronext for the Spanish exchange firm.
big xyt hires SocGen’s Richard Hills
Data analytics firm snaps up electronic equities trading man.
Will regulators make an example of trading unicorn Robinhood?
“We don’t think they were set up to do it properly,” says class action lawyer.
Santander buys Spanish fintech Mercury TFS
Santander hopes the deal will enhance its global trade platform operations.
Banks test disaster recovery sites and send staff home amid coronavirus
Senior bank execs are concerned about broadband capacity at their employees’ homes.
Financial regulators address the economic & operational effects of COVID-19
Regulators across the globe issue statements addressing coronavirus precautionary measures.
Refinitiv buys US wealth management fintech Scivantage
The deal amount is yet to be disclosed.
Robinhood outage locks users out of recovering US market
Many users are now trying to seek class action against the app.
Standard Chartered joins Cobalt post-trade network
Multinational bank seeks to diversify its services to emerging markets.
Morgan Stanley to buy E-Trade for $13bn in bid to tap online traders
The Wall Street investment bank is branching out from its wealthy client base.
iSignthis to form blockchain venture with NSX to compete with ASX
NSX suspended iSignthis from trading on its platform five months ago.
Wematch hosts “first fully electronic” Eurex-LCH basis swap trade
The swap was piloted between Societe Generale and LBBW.
Taking chances: An interview with Chuka Ikele, legal counsel at CrossLend
Drawing connections between the correlation of law and finance.
An evolution in the world of trading
Traders are extremely bullish about the potential of digital assets and crypto-products.
Envoy Group secures $13.5m investment for blockchain trade finance
Firm plans a full launch in Q2 2020, already has LatAm partners.
Standard Chartered signs Infor Nexus trade finance deal
Bank to offer Infor data matching service to clients.
ESMA postpones CSDR settlement discipline regime
EU regulator gives market six more months to prepare.
Citi deploys Cobalt post-trade infrastructure
US investment bank installs tech to reduce duplication.
Guotai Junan International updates derivatives tech with Finastra
Hong Kong firm goes live on Fusion Sophis.
Sumitomo Mitsui Banking Corporation revamps FX with Kx Systems
Japanese bank taps Kx to power its e-FX operations.
UK fintech Freetrade hit by claims of toxic workplace culture
Former staff said there was no HR person or office manager to voice concerns with.
