Latest Markets News: Finextra Research

FCA rules out intervention in wholesale data market

Despite finding room for improvements in the distribution of wholesale market data, the Financial Conduct Authority has ruled out intervention for fear of "unintended consequences".

29 February 2024

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Rabobank executes $2 billion in commercial paper transactions on blockchain

Rabobank has completed a series of pilots to execute more than €2 billion in commercial paper transactions on blockchain platform Ubermorgen.

29 February 2024

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BNP Paribas and Citi invest in United Fintech

BNP Paribas and Citi have become the first institutional investors in United Fintech, an umbrella outfit dedicated to scooping up a stable of capital markets, wealth management and wholesale banking vendors.

27 February 2024

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Nvidia's earnings soar as AI hits the mainstream

Nvidia has announced the company’s financial results for the fourth quarter that reported a revenue of $22.1 billion, 22% higher from Q3 and 265% increased from last year.

23 February 2024

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Napier AI lands £45 million in funding

UK financial crime RegTech Napier AI has landed £45m in backing from US-based Crestline Investors.

21 February 2024

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Checkout.com hit by over £100 million in losses

Payments platform Checkout.com has reportedly suffered a £100.5 million loss in its UK company.

16 February 2024

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Citi tests tokenisation of private funds

Citi has joined forces with Wellington Management and WisdomTree to explore the tokenisation of private markets.

14 February 2024

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Ripple to acquire Standard Custody

Ripple has agreed to acquire Standard Custody & Trust Company, an enterprise-grade regulated platform for digital assets.

13 February 2024

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Refinitiv veteran Minutella appointed CEO of Data Zoo

Global identity provider Data Zoo has appointed former London Stock Exchange executive Charlie Minutella as CEO.

12 February 2024

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New York expands Digital Currency Group lawsuit to seek $3bn

New York Attorney General Letitia James has filed an amended lawsuit against crypto firm Gemini and Digital Currency Group, alleging that nearly quarter of a million investors were defrauded out of more than $3 billion, rather than the $1 billion claimed in the initial suit.

09 February 2024