Hong Kong-focused Forex broker CLSA Premium Ltd (HKG:6877), formerly known as KVB Kunlun, has announced that it is parting its ways with its executive director Wu Fei. The resignation of Mr Wu is effective July 5, 2021. He has tendered his resignation as executive director and general manager of the Group due to work reallocation….
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Following the announcement by Bridgepoint about a week ago of its expected intention to float, the company today confirmed its intention to undertake an initial public offering (IPO). The company intends to apply for the admission of its Ordinary Shares to the premium listing segment of the Official List of the FCA and to trading…
Deutsche Börse reports significant growth in demand for Xetra-Gold in the first half of 2021. The gold holdings of the exchange-traded Xetra-Gold bearer bond (ISIN: DE000A0S9GB0) rose to a new record of 233 tonnes as of 30 June. At the turn of the year, the volume was at 217 tonnes of gold, which corresponds to…
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Sweden’s financial supervisory authority FI today announced an investigation into Klarna Bank AB. FI will investigate whether Klarna has violated bank secrecy rules in connection with an IT incident which occurred in May. For a limited time, the bank’s customers were able to access information about each other. The probe is added to an earlier…
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Electronic trading major IG is expanding its offering by adding new ETFs that provide exposure to space and travel industries. UK investors can now get broad exposure to both the travel and space industries through two new exchange traded funds: Airlines Hotels Cruise Lines UCITS ETF and Procure Space UCITS ETF. HanETF has launched Europe’s…
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Standard Chartered PLC (LON:STAN) today announces that Maria Ramos, Independent Non-Executive Director has been appointed as a member of the Remuneration Committee. Naguib Kheraj, Deputy Chairman will step down as a member of the Audit Committee and Remuneration Committee. These changes take effect from 5 July 2021. Maria Ramos was appointed an independent non-executive director…
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Global multi-asset investment platform eToro and CFR 1907 Cluj announce that eToro has become the main partner of the reigning Romanian football champions in a multi-year deal. This deal illustrates eToro’s commitment to the Romanian market, and will see their logo feature on all official club teamwear including the playing shirt. CFR 1907 Cluj is…
A couple of months after the United States Commodity Futures Trading Commission (CFTC) managed to secure entries of default against Forex Ponzi scheme 1st Million and the individuals linked to it, the regulator faces a challenge to this achievement. Two of the defendants in this case – Arley Ray Johnson and John Frimpong, a/k/a Dr….
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Amsterdam based BUX, one of the fastest growing neo-brokers in Europe, has announced the appointment of Salim Sebbata as the new Chief Executive Officer (CEO) of BUX UK. Mr. Sebbata will be taking over the helm of the BUX UK operations from Yorick Naeff, who recently took on the role of CEO of BUX earlier…
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Multi-asset investment company Saxo Bank continues to grow its lineup of equity theme baskets. The latest addition is Saxo’s basket on 3D printing companies. This is the smallest basket Saxo has done so far with only 16 companies making the cut. Saxo’s Head of Equity Strategy Peter Garnry explains: “We want our baskets to provide…
