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Latest Results from /markets

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Alphabet dissolves Robinhood stake

Google parent Alphabet has dissolved its stake in stock trading app Robinhood.

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ICBC ransomware attack disrupts Treasury trades

The US arm of Industrial and Commercial Bank of China was hit by a ransomware attack on Thursday, forcing clients to reroute some trades.

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SC Ventures and SBI Holding set up $100m digital asset investment fund

Standard Chartered's venture arm SC Ventures has joined forces with Japan's SBI Holdings to set up a digital asset joint venture investment company in the UAE.

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HSBC to roll out custody platform for tokenized securities

HSBC is moving deeper into the digital assets market with the launch of an institutional grade custody service for tokenized securities using technology from Ripple-owned Swiss crypto safekeeping firm Metaco.

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Klarna lays groundwork for IPO; avoids strike

Klarna is setting up a UK holding company ahead of a widely-expected initial public offering. Separately, the BNPL giant has struck a collective agreement with Swedish workers to head off a strike.

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SNB moves CBDC into production on SIX Digital Exchange

The Swiss National Bank is to issue its first real wholesale digital currency for tests with six commercial banks operating on the distributed ledger platform of SIX Digital Exchange.

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Global regulators form asset tokenisation policy forum

Financial regulators from the UK, Singapore, Switzerland and Japan are collaborating on a new project to explore fund and asset tokenisation use cases and decentralised finance.

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Thai bank buys stake in crypto exchange

Thailand's second-largest bank has acquired a 97% stake in a company that runs a crypto exchange.

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LSEG unifies global finance ops on Oracle Cloud

London Stock Exchange Group is unifying its global finance operations on Oracle Cloud, replacing a host of legacy systems with the vendor's applications.

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Document management startup Arteria AI arises $30m

Arteria AI, a document and contract management spin out from Deloitte, has raised $30 million in an oversubscribed Series B funding round led by GGV Capital US.

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Research finds market data vendors are gouging users with aggressive price raises

A new study by Substantive Research finds that market data prices are rising faster than ever despite an ongoing review by the Financial Conduct Authority into competitive practices in the market.

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OCBC rolls out ChatGPT-based bot to all employees

Singapore's OCBC is to roll out a generative artificial intelligence chatbot to all of its 30,000 employees to assist them with writing, research and ideas for new innovations.