The company explained that the partnership integrates Visa Direct, Visa’s real-time payments solution, into the Webull U.S. platform. This is said to enable instant transfers between Webull brokerage accounts and external bank accounts, an upgrade from traditional methods such as ACH transfers, which can take several days. "Webull has always been committed to improving access…
Read moreThe firm said the DIFC, widely recognised as a leading financial hub for the Middle East, Africa, and South Asia, offers a robust regulatory framework and business-friendly environment. Sky Links Capital, a multi-asset brokerage firm, said the move highlights its commitment to strong governance, scalability, and long-term regional growth. Daniel Takieddine, Co-Founder and Group CEO,…
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In a statement, Alpha said it had carefully reviewed the conditional proposal with its financial advisers before deciding to reject the offer. The company did not disclose financial details of Corpay’s bid. Corpay, a Georgia-based provider of business payments and spend management solutions, had previously confirmed it was in discussions with Alpha regarding a potential…
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The company said it has introduced new capabilities designed to enhance efficiency and reduce risk for global financial institutions. The enhancements, announced on Tuesday, include tools for fails research, inventory optimisation, and email integration automation. OpsGPT is said to now leverage “agentic” AI capabilities to provide real-time operational intelligence, helping firms streamline workflows, manage capital…
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Donohue brings more than 30 years of experience in global financial markets, including eight years as CEO of CME Group and a recent tenure as Chairman and former CEO of OCC, an equity derivatives clearing house. “We are thrilled to welcome Craig to Cboe,” said William Farrow III, Chairman of the Board. “His visionary leadership,…
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Tucker joined HSBC’s board in September 2017 and became Group Chairman the following month. The bank noted in its press release that during his tenure, Tucker has overseen major strategic shifts, including the Group CEO succession and the bank’s navigation through the COVID-19 pandemic. “It has been a great honour and privilege to lead HSBC…
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In its brokerage metrics report for April, the broker said client activity remained robust across the platform. The number of client accounts reached 3.71 million, up 32% from the previous year and 3% higher than in March. Client equity also climbed, ending the month at $588.1 billion, a 28% increase year-on-year and a 3% rise…
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In a letter of acceptance, waiver, and consent published on May 1, FINRA stated that the firm failed to accurately report statistical and summary information regarding written customer complaints from January 2020 through June 2022, in violation of FINRA Rule 4530. During this period, the regulator said that at least 300 complaints went unreported, including…
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The number of Gold subscribers rose by 90% to 3.2 million, helping lift other revenues by 54% to $54 million. Net income more than doubled to $336 million, while diluted earnings per share rose 106% to $0.37. Customer engagement was also said to be strong, with 1.9 million more funded customers added over the year,…
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The company will appoint two Independent Non-executive Directors, Kushagra Saxena and Peter Klein, and two Nominee Directors, Nitin Kaul and Henry Obi CBE, nominated by Helios Investment Partners. The changes follow the retirement of Simon Poole, a longstanding Nominee Director, who has stepped down after nine years on the board. Kush Saxena, former CEO of…
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