Category: News

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…

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July 01, 2025 BY Leaprate Staff

Stocks are in play as tensions decrease

The rotation of capital to the US stocks was not fully reflected for other indices: DAX, FTSE100 and Hang Seng have shown limited momentum, whereas Japanese Nikkei was more active, but still far from achieving all-time-highs. Thus, we can conclude that the “Sell America” narrative is stepping back in the agenda after resolving the crisis…

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IC Markets Trading View
June 26, 2025 BY Leaprate Staff

IC Markets Continues AEL Partnership For 2 More Years

The recent news follows a period of significant activity for IC Markets, with the company actively expanding its global footprint with new licenses and strategic hires. The firm recently secured a license in the United Arab Emirates (UAE), enabling it to tap into the burgeoning Middle East market. This move aims to provide traders in…

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June 26, 2025 BY Leaprate Staff

Italy’s Regulator Orders the Blackout of 7 Additional Websites

The action targets six unauthorised financial intermediation websites and one platform conducting an unlawful offer of financial products without a required prospectus.  Consob exercised its powers under the “Growth Decree” to enforce the blackout. The blacklisted websites include: EXT24 (https://ext247.co and https://my.ext247.co) Rgroupltd (https://rgroupltd.cm and and pages https://client.rgroupltd.cm and https://webtrader.rgroupltd.cm) Trevorex (https://trevorrex.com and https://app.trevorrex.com) AHP…

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June 24, 2025 BY Leaprate Staff

WTI Oil: further downside?

Monthly descending triangle in play The flow on the monthly chart reveals that price action completed a descending triangle in April this year, formed between US$95.00 and US$64.41. Following the breach of the lower boundary and refreshing year-to-date (YTD) lows of US$55.15, a determined pullback materialised and resulted in the unit testing the upper barrier…

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JP Morgan Chase & Co.
June 24, 2025 BY Leaprate Staff

J.P. Morgan Unveils New Features for Self-Directed Investing Platform

The update, available via the Chase mobile app and Chase.com, is said to allow users to explore and trade corporate bonds, Treasuries, municipal bonds, and brokered CDs with simplified navigation and enhanced filtering tools. Among the key additions is a Yield Comparison Table, enabling investors to compare returns across fixed income products by selected timeframes. …

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StoneX
June 23, 2025 BY Leaprate Staff

StoneX To Raise $625million in Senior Secured Notes

The notes, to be issued by StoneX Escrow Issuer, a wholly-owned subsidiary created specifically for this purpose, will be offered to qualified institutional buyers under Rule 144A and to certain non-U.S. persons under Regulation S. The proceeds will be held in escrow until the RJO acquisition closes, at which point StoneX will assume the obligations…

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