Latest Markets News: Finextra Research

UK condemned as a shameful safe haven for Moscow's gold

The UK's parliamentary Foreign Affairs Committtee has blasted Britain's status as a safe haven for dirty money as a "stain on our reputation", and called on the Government to bring forward legislation that would stop the flow of illicit cash through London.

30 June 2022

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Caceis recruits Taurus for digital custody offering

France-based Caceis is the latest asset servicing firm to announce plans to develop its custody service for digital assets.

27 June 2022

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Blockchain firm SETL acquired by Turkish fintech

Enterprise blockchain firm SETL has been acquired by Turkey-based fintech Colendi.

27 June 2022

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India proposes tougher IT outsourcing rules for banks

India's central bank, the Reserve Bank of India (RBI), is set to introduce new rules for IT outsourcing within the financial services sector.

27 June 2022

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ESG Book raises $35m

Sustainability data and technology provider ESG Book has raised $35 million in a Series B funding round led by Energy Impact Partners.

23 June 2022

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Bloomberg, MarketAxess and Tradweb form EU consolidated tape JV

Bloomberg, MarketAxess and Tradeweb Markets have formed a joint venture company to apply to become a comnsolidated tape provider for European fixed income markets.

22 June 2022

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Deutsche Börse introduces comprehensive crypto data feed

Deutsche Börse is to introduce a new data feed covering real-time and historical tick level data for all crypto exchanges and all digital assets covered by crypto market data provider Kaiko.

21 June 2022

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FTX to buy Canadian crypto player Bitvo

Crypto giant FTX is set to enter Canada after agreeing to buy Alberta-based outfit Bitvo. Financial terms were not disclosed.

17 June 2022

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Bucking trend, some crypto firms go on hiring spree

While many crypto firms take an axe to their workforce, several big sector players - including Binance, Kraken and OKX - have committed to hiring sprees.

16 June 2022

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Investment-as-a-Service startup Upvest secures $42 million Series B

Upvest, a Berlin-based startup offering a plug-and-play API for fintechs entering the investment market, has secured $42M in Series B financing led by Bessemer Venture Partners.

16 June 2022

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Seven of the world's leading banks launch Octuara

Citi and Bank of America, joined by Credit Suisse, Goldman Sachs, J.P. Morgan, Morgan Stanley, Wells Fargo, and Moody’s Analytics, have launched an independent company, Octaura, whose goal is to create the first open market electronic trading platform for syndicated loans and collateralised loan obligations (CLOs).

15 June 2022

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Crypto bear roars: Coinbase to lay off 1100 employees

Coinbase is the latest crypto firm to take an axe to its workforce, outlining plans to lay off around 1100 people - 18% of its workforce - as it looks to cut costs in the face of "current market conditions".

14 June 2022

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