The leading Canadian fintech company said the expansion will bring Google Pay to merchants across Latin America (LATAM). The deal builds upon the existing collaboration between the two companies in the United States, Europe, Asia Pacific, and Australia. Nuvei said the integration of Google Pay into its cashier solution adds a more streamlined checkout experience…
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It was revealed that the OSE has imposed a 60 million yen fine on Nomura for Japanese government bond futures transactions conducted in March 2021. Additionally, the exchange has suspended Nomura's proprietary trading of government bond futures and options from December 25 to 27, 2024. Meanwhile, the Tokyo Stock Exchange has issued a reprimand to…
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ASIC argues the bank did not have adequate controls in place to prevent or detect unauthorised payments and failed to investigate scam reports within the specified timeframes required. HSBC customers are said to have lost approximately $23 million due to unauthorised transactions between January 2020 and August 2024, with $16 million occurring in just six…
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The ETF provides European investors with access to Saudi Arabia’s burgeoning bond market. Listed on the Xetra and London Stock Exchange, the fund aims to track the newly developed J.P. Morgan Saudi Arabia Aggregate Index. The index, created in collaboration with State Street Global Advisors, captures the performance of liquid USD- and SAR-denominated government and…
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Hong Kong Exchanges and Clearing Limited (HKEX) announced the launch of a Fund Repository on its Integrated Fund Platform (IFP), it revealed Friday, aiming to enhance transparency for over 2,000 Securities and Futures Commission (SFC)-authorised funds. Launched on 13 December 2024, the Fund Repository is said to provide streamlined access to essential fund information, supporting…
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Chromik will succeed Olivier Vigneron, who will depart the bank upon the expiration of his contract on 19 May 2025. Vigneron recently informed Deutsche Bank that he would not seek an extension of his contract. Chromik, a seasoned risk management professional with over two decades of experience in finance, will officially join Deutsche Bank’s Management…
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LSEG also said Pitchford, who is currently CFO of Experian plc, will join the audit, risk and nomination committees. It is expected that Pitchford's appointment will expand the breadth and depth of the LSEG board's expertise. Don Robert, chair of LSEG, said that Pitchford's "significant financial experience in global growth organisations" will help support and…
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The company said it sold its share of the Belgium-based financial market infrastructure company for a total consideration of €455 million. TCorp is the investment and financial management partner of the New South Wales (NSW) public sector and is considered a top 10 Australian investment manager, with $115 billion in assets under management. J.P. Morgan and…
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Through the collaboration, the company explained that Standard Chartered will deliver a range of services, including cash management, trading, and custody, strengthening the infrastructure supporting USDG and USDL in Singapore and the UAE. According to Paxos, both stablecoins are fully backed by US dollar reserves and operate under strict regulatory oversight. The company added that…
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The financial services and trading firm explained in a press release that BankPro combines private banking services with advanced investment and trading capabilities, offering an all-in-one application tailored to individual and corporate financial needs. The company added that it has leveraged its 25 years of expertise and $120 million in Tier 1 company capital. BankPro…
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