The UK’s Competition and Markets Authority (CMA) has asked wealth technology provider FNZ to divest GBST, which specialises in retail investment platform solutions, over competition concerns. FNZ, which offers integrated…
Credit Suisse is reportedly investigating the role of its executive board member, including CEO Thomas…
Inevitable crypto regulations could be “brutal” for cryptocurrencies, Amundi has argued in its latest blue paper - Crypto-currencies: a bubble…
The world's sixty largest banks have invested $60trn into fossil fuels since the Paris Agreement five years ago. In addition,…
Cryptocurrency exchange Huobi Technology’s subsidiary had received the regulatory nod to launch 100% virtual asset funds in Hong Kong. Following…
Rishi Sunak’s latest budget for the UK is set to be announced with the furlough scheme rumoured to be extended…
British fund manager Schroders has reportedly secured the clearance to launch a majority-owned wealth management JV with a unit of Chinese lender Bank of Communications (BOCOM). The new JV will…
Toronto-based Purpose Investments has received the green light from Canadian securities regulators to launch a direct custody Bitcoin ETF. Dubbed Purpose Bitcoin ETF, the new offering is said to be the…
BaFin, the financial watchdog of the Germany, has ordered the European arm of the investment banking giant Goldman Sachs to comply with rules to prevent money laundering and terrorist financing.…
The US Securities and Exchange Commission (SEC) has obtained an order to freeze assets and other emergency relief against crypto fund manager Virgil Capital over alleged securities fraud. The steps,…
The UK’s Financial Conduct Authority has fined stockbroking firm Charles Schwab UK (CSUK) £8.96m for its failure to safeguard the assets of clients. The lapses are said to have taken place between August…
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