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Latest Results from /markets

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24% think UK banking industry is in a bad shape - YouGov

A YouGov poll has found that only 32% believe the UK banking sector is in a good state.

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LeapXpert raises $22m for finserv messaging platform

Business communications vendor LeapXpert has raised $22 million in a Series A+ funding round led by Rockefeller Asset Management through its Technology Ventures Group.

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More Wall Street giants back Versana syndicated loan platform

Deutsche Bank, Morgan Stanley, US Bank and Wells Fargo are the latest financial services players to back Versana, joining a $40 million capital raise for the syndicated loan platform.

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United Fintech splits Cobalt into separate FX and digital asset ventures

Following its recent acquisition by United Fintech, Cobalt is relaunching as CobaltFX and spinning off its digital asset business to a new venture on the same platform.

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Ceres Global: 'Freedom!' is cry of top sustainable investment leaders

Ceres Global 2023 is the annual gathering of the Boston-based non-profit that partners with leaders in the capital markets industry to promote sustainability.

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Binance resumes spot trading after glitch

Cryptocurrency exchange Binance says it is back up and running after it was forced to suspended all spot trading on its platform due to a bug.

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Accenture to cut 19,000 employees as corporate spending wanes

Accenture has announced it will cut 19,000 jobs, 2.5% of its workforce, over the next 18 months. This follows a number of cutbacks in the finance and fintech sector amid a slowdown in IT spending.

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Tech Nation’s final report defines future progress for UK tech firms

UK tech network, Tech Nation, has released its final report ahead of its closure at the end of March, stating that the UK tech ecosystem will require support in future growth.

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Swift hails results of blockchain pilot for corporate actions data

Interbank co-operative Swift has successfully completed its blockchain-based corporate actions pilot, describing it as a "compelling solution".

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UK market participants sees risks in move to T+1

As the US prepares to shorten the settlement cycle, market participants in the UK are expressing concern about potential operational, technological and cost hurdles, warns a report from Torstone Technology.

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Nomura invests in digital asset clearing house ClearToken

Nomura's digital assets subsidiary, Laser Digital, has invested in ClearToken, a startup prepping a clearing house to the digital asset marketplace. Terms of the investment were not disclosed.

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JP Morgan to buy investment analytics player Aumni

JP Morgan has struck a deal to buy Aumni, an investment analytics platform that provides the data infrastructure for private capital markets. Financial terms were not disclosed.