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Latest Results from /markets

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Paytm plans $103m share buyback after stock price collapses

Indian digital payments giant Paytm is embarking on a share buyback of up to $103 million as it seeks to steady a stock price that has been in freefall since an IPO last year.

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Microsoft buys stake in London Stock Exchange

Microsoft has struck a ten-year tranformational deal with the London Stock Exchange (LSEG) to deliver cloud, data analytics and workspace products across the exchange operator's entire technology architecture.

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Lloyds PE arm invests in Etrading Software

Lloyds Banking Group's private equity arm, LDC, has made a "significant" investment in capital markets technology outfit Etrading Software.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.