Latest Markets News: Finextra Research

2023 predictions: Citi forecasts weakest annual global economic growth in 40 years

A recent Citi Global Wealth Investments (CGWI) report has predicted the weakest annual global economic growth in forty years, outside of the global financial crisis and pandemic shutdowns.

09 December 2022

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Axe the Card Tax campaign calls for cost of card payment review

The Axe the Card Tax campaign has called to the UK Treasury and Payments System Regulator to review the cost of card payments to encourage fintech payment innovation.

09 December 2022

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BNY Mellon invests in fixed income tech firm bondIT

BNY Mellon has led a $14 million investment round for credit analytics and fixed income technology player bondIT.

07 December 2022

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ECB delays launch of unified collateral management platform

The European Central Bank has set back the scheduled launch date of its new collateral management system from 20 November 2023 to April 2004.

02 December 2022

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TP Icap wins approval from FCA for wholesale spot exchange for digital assets

Interdealer broker TP Icap has won approval from the Financial Conduct Authority for the launch of a wholesale marketplace for spot cryptoassets.

01 December 2022

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SIX, Ripple and Middlegame Ventures pump $72 million into Keyrock

Digital asset market maker Keyrock has secured $72 million Series B funding from investors including Ripple, SIX Fintech Ventures and Middlegame Ventures.

01 December 2022

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Sustainable Finance Live: How can nature be made bankable?

How are different financial institutions approaching climate strategy and sustainable investment? The potential for sustainable investment was explored in the keynote presentation: How can nature be made bankable? by founder of ResponsibleRisk Richard Peers and CEO of sustainable investment company Mirova, Philippe Zaouati.

29 November 2022

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DBS completes repo transaction on JPMorgan's Onyx

DBS has become the first bank in Asia to conduct an intraday repo transaction on JPMorgan's blockchain network Onyx, using the US bank's JPM Coin digital token to complete instant settlements and maturity of the transactions within hours instead of the current industry norm of one to two working days.

23 November 2022

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UK Chancellor’s plan to turn UK into the ‘next Silicon Valley’

In last week’s Autumn Statement, Jeremy Hunt, chancellor of the exchequer, outlined a number of priorities which will likely impact UK fintech.

22 November 2022

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Quant and UST join forces to push tokenisation

Blockchain outfit Quant is teaming up with UST to push the adoption of institutional digital assets by offering technical integration and tokenisation services to central and commercial banks and capital markets participants.

22 November 2022