Singapore’s MVGX launches carbon SaaS subsidiary, appoints ex-BSI exec to take the lead
Frank Zhang, “a fintech, ISO standard certification and sustainability veteran”, will lead the new subsidiary.
Frank Zhang, “a fintech, ISO standard certification and sustainability veteran”, will lead the new subsidiary.
The SEC has leveraged 30 enforcement actions to date against firms failing to comply with recordkeeping requirements.
DBS has also absorbed close to 3,000 employees from Citi Consumer Taiwan.
The transfer is set to take place in early 2024.
According to a Companies House filing, Somani has resigned as head of Nutmeg and JP Morgan Europe.
The integration is also set to extend to Naga’s e-payments solution, Naga Pay.
The clients will be able to access Iceberg Data Lab’s ESG dataset available via its impact calculation platform.
The round saw participation from existing investors including UBS Next, EDBI and Prosus Ventures.
According to Forbes Asia, the funding round values the start-up at $1.7 billion, making it Hong Kong’s latest unicorn.
MarketAxess aims to accelerate the development of quantitative execution algorithms for fixed-income products.
David Robert Baxendale and Edward John Macnamara have been appointed as joint administrators.
The acquisition enables Allfunds to develop its position in Italy as a local paying agent business.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
According to an FCA filing, Jordan Sinclair has been appointed as UK chief executive for Robinhood.
The announcement follows JFS’s recent demerger from Reliance Industries.
The US Federal Reserve has fined Credit Suisse $269 million, with the UK’s PRA issuing a further $119 million fine.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The integration seeks to provide wealth managers with the tools needed to boost their digital transformation.
According to Innovate Finance data, $27.3bn was injected into the industry globally during H1 2023 through 1,714 deals.
The bank has struck an agreement this week to sell a 77.8% stake in AXS to the private equity firm.
The round was led by Intel Capital, with participation from new investor Allianz Life Ventures, and existing investors.
The firm is setting up a new base in Luxembourg and will invest €200m in the country and across the wider EU.
Leavy joins the company following a decade-long stint at US financial services firm SEI.
Jana has gone live with the solution in an effort to streamline and automate its operational processes.
The new transaction is backed by Citi and Channel Capital, and the initial facility will be for €67 million.
Laser says the deal will help bring cross-asset post-trade capabilities to institutional digital asset investors.
The news marks Robinhood’s third round of layoffs since April 2022.
Nucoro’s offering will be incorporated into the Backbase Engagement Banking platform.
Pipe makes new hires across technology, innovation, product, risk, and operations.
AI Markets “has been built from the ground up with user experience in mind”, HSBC says.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Deutsche Bank plans to fold its UK and Ireland corporate finance business into Numis.
Revolut will initially offer a multi-currency account and crypto investing for customers.
The AUD 125 million ($84m) deal remains subject to Yieldbroker stockholder approval.
SimCorp will sit within a newly created investment management solutions segment, Deutsche Börse says.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
The omnichannel digital onboarding solution has been built using Codebase’s Digibanc platform.
Bunker will make it easier for LatAm consumers to open and manage US investment accounts.
Kakao Pay has acquired a 19.9% stake in the US firm and plans to buy an additional 31.1%.
Wealthtech and banking technology provider Objectway sets out its strategy.