IG Group to acquire trading education platform tastytrade for $1bn
With the acquisition of tastytrade, IG Group is expected to increase the scale and relevance of its existing…
Elinvar secures €25m funding to scale its wealth management platform
22 Jan 21The funding round is led by Toscafund, joined by existing investors Ampega Asset Management, finleap and Goldman Sachs
Bank Audi to sell its Egyptian subsidiary to First Abu Dhabi Bank
21 Jan 21Bank Audi said that the proceeds from the divestiture will be used to enhance its capitalisation and financial…
Morgan Stanley reports 51% rise in profits for Q4 2020
21 Jan 21Morgan Stanley has generated net revenues of $13.6bn for Q4 2020, a 26% increase compared to $10.9bn for…
ICICI Bank rolls out InstaFX mobile app for forex partners
21 Jan 21The new mobile app will help authorised money changers to digitally complete the KYC verification for issuing the…
Western Union teams up with NH I &S to expand in South Korea
21 Jan 21The collaboration will allow NH I&S account holders in South Korea to send and receive money through Western…
HSBC UK to close 82 branches, remodel others in UK
20 Jan 21The financial services firm has also announced four new branch formats to reflect local market trends
Temenos rolls out new enterprise pricing solution for banks
20 Jan 21The solution is designed to enable banks to overcome the limitations of their legacy core banking or other,…
SOS to acquire Canadian cryptocurrency technology firm FXK Tech
20 Jan 21The acquisition is expected to allow SOS to strengthen its ecosystem of blockchain and cryptocurrencies
Goldman Sachs posts 135% increase in profit for fourth quarter of 2020
20 Jan 21The company attributed the growth in net income and revenues to its focus on serving clients and executing…
