Visa
December 21, 2021 BY Steffy Bogdanova

Visa finalises acquisition of Currencycloud

Visa revealed its plans to buy Currencycloud in July 2021 for £700 million. The deal is based on the foundation of the two form’s existing partnership. Currencycloud’s cloud-based platform supports more than 500 banking and technology clients. Since it was founded in 2012, the company has spread across more than 180 countries.

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December 20, 2021 BY Steffy Bogdanova

BNP Paribas sells Bank of the West to BMO for $16.3 billion

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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Acquisition
December 20, 2021 BY Steffy Bogdanova

OFX Group acquires Canadian FX company Firma in $69.6 million deal

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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MOEX
December 20, 2021 BY Steffy Bogdanova

Moscow Exchange reveals brand update

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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December 16, 2021 BY Steffy Bogdanova

Binance to launch crypto exchange in Indonesia with Telkom partnership

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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Deutsche Börse
December 16, 2021 BY Steffy Bogdanova

Deutsche Börse acquires majority stake in Crypto Finance

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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SEC Chairman states plans to tackle ‘gamification’
December 16, 2021 BY Steffy Bogdanova

SEC proposes changes to strengthen the laws against insider trading

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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Erik Thedéen
December 16, 2021 BY Steffy Bogdanova

ESMA names Erik Thedéen Vice Chair

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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