HSBC announced on Thursday that Kaber Mclean was appointed as Chief Executive Officer of the bank’s Australian office. The lender aims to expands in the region as Hong Kong operations are under pressure of anti-government riots. Mclean has been with HSBC since 1996. For more than two decades of service at the bank, he has…
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FCA announced today that HM Treasury appointed Christopher Woolard as Interim Chief Executive. Woolard is currently Executive Director of Strategy and Competition of FCA and an Executive member of the Board. His predecessor Andrew Bailey left the position to become Governor of the Bank of England. FCA Chairman Charles Randell, said: I’m looking forward to…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for January 24, 2020. In US stocks, after tumbling 3.6% on Wednesday after disappointing on subscriber growth in the US, Netflix surged 7.2% on Thursday. It was boosted by weak results from Comcast, which has plans to get…
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The following article was written by Alejandro Zambrano, Chief Market Strategist at ATFX UK. With seven days to the January 30 Bank of England rate meeting, the rate markets are anticipating the central bank to ease the interest rate from 0.75% to 0.50% with a likelihood of 61%. Weak GDP growth and comments from the…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for January 24, 2020. This is not a trading advice. See details below: FOREX The euro is showing weakness in the aftermath of yesterday’s ECB meeting, currently trading at $1.1050, after losing 0.4% to the US dollar over the last 24 hours.…
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UK online trading leader IG Group Holdings plc (LON:IGG) announced that it has hired Max Hayden in a new role as Global Head of Institutional Sales. Hayden has over 30 years of experience in the prime brokerage field. Prior to IG, he spent 2 years at ITI Capital, a private equity owned brokerage which covered both Institutional and…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for January 23, 2020. In US stocks, on the back of a 4.1% share price pop, Tesla raced through the $100bn market cap milestone. The electric car firm’s share price has more than doubled over the past three…
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Michael Spencer, city tycoon and founder of market operator ICAP, now NEX Group, has decided to make a substantial contribution to a new UK fintech fund. Spencer plans to invest at least £25 million in the UK fund Element Ventures, through his private holding company IPGL. This is one of the largest investments made by…
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Autoriti Monetari Brunei Darussalam (AMBD) and the Monetary Authority of Singapore (MAS) have announced earlier this week that they have decided to expand their cooperation. Both sides have signed an enhanced Memorandum of Understanding (MoU) on Bilateral Cooperation at the 3rd AMBD-MAS Bilateral Roundtable. The enhanced MoU builds on the longstanding cooperation between both countries…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for January 23, 2020. This is not a trading advice. See details below: FOREX The leading narrative in the foreign exchange markets is one of fear, amid concern that the virus causing panic in the Chinese city of Wuhan may have the…
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