clear
clear

Latest Results from /markets

/markets

PrimaryBid in talks over discounted sale

Retail investment platform PrimaryBid is in talks with several financial institutions and investors about a possible takeover.

/markets

Galaxy Digital reaches $200m settlement over Luna token

Galaxy Digital has reached a $200 million settlement with the New York Attorney General (NYAG) over claims the crypto investing company promoted the now collapsed Luna digital asset without disclosing its interest in the token.

/markets

ICE partners Circle to explore stablecoin uses

Nyse parent Intercontinental Exchange is exploring how it can use Circle's stablecoin and tokenised money market offering.

/markets

Robinhood moves into wealth management and private banking

Stock trading app Robinhood continues to build out its product suite, adding wealth management and private banking services, as well as an AI investment tool.

/markets

Massachusetts probes Robinhood over predictions market hub

Massachusetts regulators are investigating Robinhood over the trading app's recently announced 'Predictions Hub', which enables people to bet on the outcomes of various events.

/markets

Accenture loses revenue amid US federal cuts

Accenture Federal Services, a branch of Accenture, has lost sales in the 2024 fiscal year due to uncertainty from the Trump administration.

/markets

Stablecoin de-pegging to be probed by Ripple, Warwick Business School’s Gillmore Centre

The research is funded by the University of California, Berkeley’s Centre for Responsible Decentralized Intelligence, and will involve collaboration between Warwick’s own Dr Ganesh Viswanath-Natraj, Ripple Research, and the University Blockchain Research Initiative (UBRI), the $50 million research division of Ripple.

/markets

Chetwood Bank: Offering stability in a volatile market

Finextra spoke to CEO of Chetwood Bank, Paul Noble, about the organisation’s new developments, and how market volatility is impacting savings and mortgage products. Noble has a background in private equity and asset management, previously working in big banks, including a role in the acquisition of Tandem Bank.

/markets

JPMorgan leads quantum computing arms race

JPMorgan is far and away the market leader in tackling the threats and opportunies for banks presented by advancements in quantum computing, according to research published by benchmarking platform Evident.

/markets

FCA hits London Metal Exchange with £9.2 million fine over nickel market meltdown

The Financial Conduct Authority (FCA) has fined the London Metal Exchange (LME) £9.2 million for failing to ensure its systems and controls were adequate to deal with severe market stress.

/markets

UK Government enters procurement phase for Digital Gilt Instrument issuance

The UK Government has issued a procurement notice for a pilot of blockchain-based Digital Gilt Instrument (Digit) issuance.

/markets

BX Digital to roll out DLT-based settlement system for digital assets in Switzerland

BX Digital, a subsidiary of Boerse Stuttgart, has received conditional approval from Swiss market regulators to operate a blockchain-based settlement system for digital assets.