More than six months have passed since the Court appointed Rust Consulting to serve as Distribution Agent for the Fair Fund comprising $40 million in…
PRA fines Metro Bank £5.4M for reporting and controls failures
The UK Prudential Regulation Authority (PRA) has imposed a fine of £5,376,000 on Metro Bank plc for failing to act with due skill, care and…
Interactive Brokers adds more news and research providers to IBKR Platform
Electronic trading major Interactive Brokers continues to expand its news and research offering. Clients of the broker enjoy access to dozens of free and premium…
Swissquote adds Avalanche to crypto lineup
Swiss online trading firm Swissquote is further expanding its cryptocurrency lineup via the addition of Avalanche (AVAX). Developed by Emin Gün Sirer in 2018 and…
ASIC cancels AFS licence of United Wealth Group
The Australian Securities and Investments Commission (ASIC) announces that it has cancelled the Australian financial services (AFS) licence of United Wealth Group Pty Ltd. ASIC…
Visa closes acquisition of Currencycloud
Visa Inc (NYSE:V) has completed the acquisition of Currencycloud, a global platform that enables banks and fintechs to provide innovative foreign exchange solutions for cross-border…
Interactive Brokers running anti-PFOF TV ads
US based online broker Interactive Brokers (NASDAQ:IBKR) has been running a series of television ads, touting its lack of use of payment-for-order-flow (PFOF) in handling…
Brian Brooks joins Voyager Digital’s Board of Directors
Cryptocurrency platform Voyager Digital Ltd announces that Brian Brooks has been appointed to its Board of Directors effective immediately. Brian Brooks is currently CEO of…
Saxo Bank announces several new equity baskets coming in 2022
Multi-asset investment company Saxo Bank announces that its equity theme baskets will undergo a yearly review in January and some of the baskets will likely…
SEC charges five individuals in $80M hacking and trading scheme
The United States Securities and Exchange Commission (SEC) today announced fraud charges against five Russian nationals for engaging in a multi-year scheme to profit from…