San Francisco and Dublin based Stripe, which builds payment infrastructure for the internet, has announced that it has entered into an agreement to acquire Recko, a leading provider of payments reconciliation software for internet businesses. Payments reconciliation is an accounting process that compares two or more sets of records—for example, a company’s internal sales log…
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Israel news website News 13 is reporting that a joint operation by law enforcement authorities in Israel and Germany has led to 15 arrests in Israel of suspects in a Binary Options trading fraud scheme. Four of those arrested will apparently be remanded in custody, with a request for those individuals to be extradited to…
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Cboe Global Markets, Inc, a leading provider of global market infrastructure and tradable products, announced it has entered into a definitive agreement to acquire Eris Digital Holdings, LLC (ErisX). ErisX operates a U.S. based digital asset spot market, a regulated futures exchange and a regulated clearing house. Ownership of ErisX presents a unique opportunity for…
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Howard W. Lutnick, Chairman of the Board and Chief Executive Officer of BGC Partners, Inc. has informed the employees of the company via video that he was recently diagnosed with Non-Hodgkin’s Lymphoma. BGC explains that Mr Lutnick’s form of cancer is highly treatable and he and his physicians expect that he will be cancer-free in…
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National Australia Bank Limited (NAB) today announced the appointment of James Spenceley as a non-executive director of NAB, effective 1 December 2021. Mr Spenceley is the founder and former CEO of Vocus Communications, Australia’s fourth largest telecommunications company, which was recently purchased by Macquarie Infrastructure and Real Assets (MIRA). Mr Spenceley is currently Chair of…
The London Stock Exchange has launched its Climate Transition Offering for London-listed companies. It is the first stock exchange to publish climate reporting guidance based on the United Nations Sustainable Stock Exchanges (SSE)’s Model Guidance on Climate Disclosure which is in line with the Taskforce for Climate Related Financial Disclosures (TCFD) recommendations. London Stock Exchange’s…
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Trading technology provider TraderEvolution has announced the release of a comprehensive set of tools for mobile options trading to their mobile trading app, dedicated to active traders. With the latest upgrade the TraderEvolution mobile apps suite offers a fully-functional option chain with all key parameters, such as implied volatility or greeks, as well as an…
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Nomura Holdings, Inc (TYO:8604) today announced that it has agreed to a third party allocation of shares from Crypto Garage, Inc, a subsidiary of Digital Garage, Inc, a provider of blockchain financial services. Crypto Garage offers services to crypto asset businesses in Japan and overseas, including its blockchain related settlement platform, SETTLENET. In June 2021,…
Metro Bank today announced that Sir Michael Snyder will step down as Senior Independent Director and Non-Executive Director of Metro Bank plc, effective as of 31 October 2021. Sir Michael Snyder
US and UK financial regulators have announced that banking and brokerage giant Credit Suisse Group AG (NYSE:CS) has agreed to pay nearly $475 million to U.S. ($275M) and UK ($200M) authorities, for fraudulently misleading investors and violating the Foreign Corrupt Practices Act (FCPA) in a scheme involving two bond offerings and a syndicated loan that raised…
