Sam Boughedda
LeapRate Analyst
Broadridge’s Fi360 and ProctorU partner to launch remote proctoring and identity management solution
July 04, 2025 BY Sam Boughedda

Broadridge Agrees Deal to Acquire Acolin

The move is expected to bolster the company’s efficiency and transparency of European fund distribution. The deal will see Broadridge expand its capabilities across Europe, integrating Acolin’s compliance and fund launch support services with its own suite of distribution data, regulatory communication, and analytics offerings. “Acolin’s fund distribution technology and compliance capabilities complement Broadridge’s distribution…

Read more
HKEX
July 03, 2025 BY Sam Boughedda

HKEX Launches Order Routing Service On Integrated Fund Platform

The service is said to be aimed at streamlining communication across Hong Kong’s fund distribution network and enhancing operational efficiency in the city’s fund management industry. HKEX explained that the new service builds on the success of its existing Fund Repository and enables seamless order placement for fund subscriptions and redemptions.  It is designed to…

Read more
July 03, 2025 BY Sam Boughedda

XS.com Partners with NVEST, Opens New Office in Kuwait

The move marks an expansion of XS.com’s footprint in the Gulf region, with a new office in Kuwait City and the broker licensed under the name “XS Online” in the country. The partnership was unveiled at a press conference on July 1l, attended by members of the Al-Sabah family, business leaders, and media representatives.  Sheikh…

Read more
July 03, 2025 BY Sam Boughedda

Chesnara Agrees Deal to Acquire HSBC Life UK Limited

The deal will add approximately £4 billion in assets under administration and around 454,000 policies to Chesnara’s portfolio.  It is expected to complete in early 2026, subject to regulatory approvals. The transaction will be funded through a combination of £55 million in internal cash, a £65 million drawdown from an amended revolving credit facility, and…

Read more
Broadridge’s Fi360 and ProctorU partner to launch remote proctoring and identity management solution
July 02, 2025 BY Sam Boughedda

Broadridge Expands Roles for Senior Leaders Doug DeSchutter and Tom Carey

DeSchutter has been appointed President of Investor Communication Solutions (ICS), after serving as Co-President since 2023.  He has been with Broadridge and its predecessor companies since 2002 and played a pivotal role in launching the firm’s Customer Communications business. H He will now oversee the entire ICS division. Mike Tae, previously Co-President alongside DeSchutter, will…

Read more
July 02, 2025 BY Sam Boughedda

OTC Markets Group Announces 'Major Structural Upgrade' to US OTC Equities Markets

It replaces the former Pink Current Market with what is said to be a more transparent, rules-based tier aimed at improving disclosure and investor confidence. The newly launched market requires companies to meet specific benchmarks, including quarterly and annual financial reporting, management certifications, and up-to-date company profiles.  “We’re supporting companies that choose to connect with…

Read more
July 02, 2025 BY Sam Boughedda

Santander to Acquire TSB from Sabadell in £2.65 Billion Deal

The deal will see TSB integrated into the Santander UK group, making it the third-largest bank in the UK by personal current account balances. It would also be the fourth largest when it comes to mortgages. Santander said the acquisition values TSB at 5x projected 2026 earnings after synergies and 1.45x tangible book value as…

Read more
CME Group
July 01, 2025 BY Sam Boughedda

CME to Launch FX Tape+

The firm explained that FX Tape+ will aggregate firm price data from its central limit order books, including FX futures, EBS Market, FX Spot+ and FX Link, providing what the company describes as a more transparent and unbiased view of FX market conditions. “By bringing together price information from our network of 1,400 institutions and…

Read more
StoneX
July 01, 2025 BY Sam Boughedda

StoneX Signs Letter of Intent to Acquire Intercam’s US Wealth Management Entities

The deal marks a strategic move by the global financial services firm to deepen its presence in Latin America and broaden its investment product offering.  The proposed acquisition is subject to the negotiation and signing of definitive agreements, regulatory approvals and standard closing conditions. “This transaction aligns with StoneX’s strategy of expanding its global wealth…

Read more
July 01, 2025 BY Sam Boughedda

XS.com Appoints Marcus Ng as Regional Director for APAC

The move strengthens the multi-asset broker’s leadership team as it aims to accelerate growth across key Asian markets. Ng brings more than 15 years of experience in the financial services industry, having held senior roles at top brokerages and fintech firms throughout the region.  His background includes developing regional strategies, building high-performing teams and leading…

Read more