Entercard, which provides card products and consumer loans through partnerships in Sweden, Norway, Denmark and Finland, has been co-owned by Swedbank and Barclays since 2005. It employs around 450 staff and serves 1.5 million customers. “Today we are forming the largest card business in the Nordics and Baltics,” said Tomas Hedberg, Deputy Chief Executive of…
Read more
The Swiss-based interdealer broker reported consolidated revenue, including joint ventures, of CHF 632.1 million for the six months, up 12.3% at constant exchange rates compared with the same period last year. Operating profit before depreciation and amortisation (EBITDA) rose 27.3% to CHF 114.7m, lifting the margin to 18.1% from 16.0% in 2024. Group net profit…
Read more
In a release on Wednesday, IC Markets highlighted the Cypriot football club’s 2–0 victory in the opening match of the 2025–26 league season. The sponsorship agreement, extended earlier this year through 2027, reinforces IC Markets EU’s commitment to supporting both the club and the wider Limassol community. The company described the renewal as part of…
Read more
The firm said on Wednesday that the products span agricultural commodities, energy, metals and freight, and are listed on the Shanghai International Energy Exchange, the Dalian Commodity Exchange and the Zhengzhou Commodity Exchange. The initiative follows Marex’s approval from the China Securities Regulatory Commission to act as an Overseas Intermediary. Marex said demand for these…
Read more
The bank said its new direct payment rails provide “high transaction speed and a scalable platform,” designed to reduce the number of transaction hops compared with the common PSP-driven model. The integration aims to boost success rates while simplifying reconciliation for merchants. Through a single connection to Deutsche Bank’s Merchant Solutions platform, clients gain access…
Read more
The move makes eToro the first non-Nordic broker to offer complimentary real-time access to Nasdaq Nordic equities data to its global retail client base. The development builds on eToro’s existing agreement with Nasdaq for U.S. equity data and underscores both firms’ efforts to broaden retail investor access to localised markets. “Since our founding in 2007,…
Read more
The firm has adopted Centroid Bridge, an advanced connectivity, liquidity distribution and execution engine, to improve trading performance, broaden its product suite and enhance risk management. The integration is designed to support OW Markets’ growth strategy as it seeks to deliver a more competitive service to retail and institutional clients. “At OW Markets, we are…
Read more
Wuermeling, who will also chair the Supervisory Board of parent company 21.finance AG, brings extensive experience in financial governance and regulation. He served on the Executive Board of the Deutsche Bundesbank from 2016 to 2023 and has held senior roles including Executive in Residence at ESMT Berlin and Attorney-at-Law at A&O Shearman. He has also…
Read more
The decision was reportedly made by the company’s supervisory board on August 26, with the appointment subject to approval by the Polish Financial Supervision Authority (KNF). Once confirmed, Osiński will oversee XTB’s risk management system. Osiński brings over 15 years of experience in risk and financial oversight. A graduate of the Poznań University of Economics…
Read more
Developed by the firm’s Data, Analytics & Innovation team, the tools aim to combine advanced technology with Citi Wealth’s personalised client service model. Advisor Insights is said to provide bankers and advisors with a customised dashboard carrying timely messages on market developments, portfolios and current events, including commentary from Citi Wealth’s Chief Investment Office. AskWealth,…
Read more