August 15, 2022 BY Steffy Bogdanova

James Hickman joins Cornerstone FS as CEO

Elliott Mannis, said: James brings a wealth of industry experience and excellent strategic and leadership skills to Cornerstone, and I am delighted that he will be our new Chief Executive Officer. He has impressed the Board with his clarity of vision, breadth of knowledge and his strong client-centric mindset. The Board believes he is a…

Read more
Broadridge
August 14, 2022 BY Steffy Bogdanova

Broadridge revenue jumps 14% in FY21 and 12% in Q4

Full year The total revenue during the financial year 2021 reached $5,709 million, 10% higher than 2020 when it was $4,994 million. The operating income stood at $760 million for the year, 12% higher than the previous year. The company also reported that the adjusted operating income was $1,006 million registering a 18% increase. Diluted…

Read more
Crypto.com
August 12, 2022 BY Steffy Bogdanova

Crypto.com obtains regulatory approval in the Cayman Islands

With the latest authorisation, Crypto.com continues its global expansion. This announcement follows the crypto platform obtaining regulatory approval from the Cyprus Securities and Exchange Commission (CySEC), the in-principle approval for a Major Payment Institution License from the Monetary Authority of Singapore, provisional approval of its Virtual Asset License from the Dubai Virtual Assets Regulatory Authority,…

Read more
August 11, 2022 BY Steffy Bogdanova

UNI.Global introduces its mobile app

Uni Card Furthermore, UNI.Global also introduced Uni Card allowing users to freely switch between more than 5 fiat currencies to pay for merchants locally as well as abroad. UNI.Global highlighted UNi Card’s zero annual fees and the lack of foreign exchange transaction fees as its best features. UNi Card also offers four types of memberships…

Read more
TP ICAP
August 11, 2022 BY Steffy Bogdanova

TP ICAP sees a 15% jump in revenue in H1 2022

Parameta Solutions’ revenue was up 6% during the last six months. Adjusted EBIT increased 15% to £142 million, compared to H1 2021. The come company highlighted that it plans to launch its electronic marketplace for institutional clients, Fusion Digital Assets. Nicolas Breteau, CEO of TP ICAP Group plc, commented: Our transformation continues at pace, including…

Read more
August 11, 2022 BY Steffy Bogdanova

Daily market commentary: The US dollar plunges more than 1 percent in relation to other major currencies

European Shares European markets followed the global trend on Thursday, extending a rally as market sentiment strengthened following the latest softer US CPI report. Cash went back from safe havens to riskier assets after investors cheered the US inflation data for July showing a decrease below estimates, which immediately sparked hopes of a less aggressive…

Read more
CySEC fine
August 11, 2022 BY Steffy Bogdanova

ICC Intercertus Capital pays €100K in settlement with CySEC

Specifically, the settlement concerns compliance with firm's marketing, distribution and sales of CFDs to retail clients. CySEC stated: Α settlement has been reached with the CIF ICC Intercertus Capital Limited for possible violation, for the period January 2020 until May 2021 of Article 42 of Regulation (EU) No 600/2014 on markets in financial instruments («the…

Read more
Whistleblower
August 11, 2022 BY Steffy Bogdanova

Two whistleblowers receive over $16 million from SEC

The second whistleblower received over $3 million. They presented to the agency important new information during the course of the investigation. Creola Kelly, Chief of the SEC’s Office of the Whistleblower, said: The information and assistance provided by these two whistleblowers in helping to identify complex wrongdoing demonstrates the importance of the whistleblower program to…

Read more