Jean-Laurent Bonnafé, BNP Paribas Group Director and Chief Executive Officer, commented: This is a value accretive transaction for all sides, which emphasizes the quality of Bank of the West franchise. In the name of BNP Paribas, I would like to deeply thank all Bank of the West teams for their achievements and contributions for the…
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The acquisition have a significant positive impact on the volumes in the trading of USD/CAD and USD/GBP pairs. OFX Chief Executive Officer and Managing Direator, Skander Malcolm said: This is our first major acquisition and very much aligned with our strategy of building scale in the Corporate segment and growing the North American region. Firma…
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The letters MOEX in the new logo stand for Moscow Exchange and the stock exchange ticker. The Group’s logo remains in colour red. The official statement said: Moscow Exchange retains the colour red – the colour of confidence, vigour and leadership – as the basis of its brand. Compared with the previous logo, the colour…
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Binance founder and chief executive Changpeng Zhao, said: Our ambition at Binance is to grow the blockchain and cryptocurrency ecosystem globally, and this initiative in Indonesia is a significant step in that direction. With fast technology adoption and strong economic potential, Indonesia could become one of the leading centers of the blockchain and crypto ecosystem…
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Crypto Finance will now be able to access to Deutsche Börse’s client and infrastructure and its capital base to further grow its team, carry out structural growth plans, and broaden its product and service portfolio. The expansion of the customer base will be focused on Germany in Europe, and Singapore in Asia. Eric Leupold, Head…
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Additionally, directors and officers will be required to put in writing that they are not aware of any important nonpublic information when they enter into the plans. The proposal also includes updates that would require more comprehensive disclosure about issuers’ policies and procedures against insider trading, as well as their actions around the timing of…
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Verena Ross, Chair, said: I am happy to announce the appointment of Erik Thedéen as Vice Chair of ESMA. As a Board Member since January 2018, he has demonstrated his commitment to ESMA through his active participation in our supervisory work. He brings a wealth of national and international experience to the role, and I…
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CySEC introduced the TPR in December 2020, following Brexit, so that UK companies can continue to offer their services to clients based in Cyprus. The regulator noted that it has received 96 applications to join TPR, of those 88 firms met the requirements. CySEC stated: Amongst the groups of the TPR Entities (the ‘TPR Groups’),…
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Coinbase’s ad appeared on Facebook on 27 July 2021 and stated “£5 in #Bitcoin in 2010 would be worth over £100,000 in January 2021. Don’t miss out on the next decade – get started on Coinbase today”. The firm also went on to label its competitors “unregulated. The British advertising regulator said that both ads…
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Through the new Appital platform, buy-side firms can obtain more exposure to deal flow opportunities, portfolio managers and heads of trading build can gain a comprehensive picture of liquidity, including highly illiquid, small and mid-cap stocks. Rebecca Healey of Redlap Consulting noted in The Trade, discussing her recent report “Liquidity in the Time of Covid”:…
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