Finance News – Financial Services
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Pompliano-led crypto-focused SPAC gains 7% on Nasdaq after upsized IPO
Following a last-minute increase in capital raised, the newly listed company’s shares experienced a notable rise, reflecting investor confidence in its strategy within the evolving...
Read Full Article →Interest groups, lawmakers to protest Trump's memecoin dinner
Attendees reportedly contributed over $100 million to participate in an exclusive event, raising concerns about potential financial influence and regulatory challenges within the c...
Read Full Article →Amplify adds Schwab's Mark Fischer COO
The appointment of Mark Fischer as chief operations officer is expected to enhance Amplify's operational capabilities, supporting the company's sustained expansion and increasing c...
Read Full Article →Bitcoin Suisse Secures In-Principle Approval from ADGM’s Financial Services Regulatory Authority
Obtaining preliminary authorization from the regulatory body in Abu Dhabi marks a key step for Bitcoin Suisse, potentially enabling expanded financial operations and increased mark...
Read Full Article →NYC Mayor Eric Adams launches crypto advisory council
The establishment of a digital advisory council in New York City aims to stimulate economic growth by attracting investment, fostering innovation in blockchain technology, and crea...
Read Full Article →Saga more than doubles CEO’s pay despite losing £160m
Despite reporting a substantial financial loss of £160 million, the company significantly increased its chief executive’s compensation to nearly £1.9 million for the fiscal year en...
Read Full Article →Revolut eyes French license and $1.1B expansion amid EU growth
Revolut’s planned investment in France and pursuit of local regulatory approval aim to strengthen its market presence, support workforce growth, and enhance service offerings withi...
Read Full Article →Government to clamp down on ‘buy now pay later’ services such as Klarna and Clearpay
The upcoming regulations will require lenders offering deferred payment options to assess consumers' ability to repay, aiming to enhance oversight and promote responsible borrowing...
Read Full Article →‘Investment magnet’ financial services injected £281bn in UK economy
The financial sector contributed £281 billion to the UK economy and supported approximately 2.5 million jobs, demonstrating its important role in managing significant assets despit...
Read Full Article →Crypto execs cheer as Australia appoints pro-crypto assistant minister
The appointment of a dedicated official for emerging technologies is expected to advance regulatory clarity and support innovation, potentially fostering increased investment and g...
Read Full Article →NYC Mayor doubles down on crypto push ahead of city summit
The mayor’s collaboration with financial experts aims to enhance New York City’s economic growth by integrating digital asset technologies and expanding opportunities within the ev...
Read Full Article →Large investors increased stake in Trump Media by hundreds of millions
Recent SEC disclosures indicate that major financial entities significantly expanded their investments in Trump Media and Technology Group, suggesting increased economic engagement...
Read Full Article →One of the last obstacles to 24-hour stock trading is about to fall
The impending change marks a significant advancement in market accessibility, potentially increasing trading opportunities and liquidity by allowing investors to engage in stock tr...
Read Full Article →House Republicans release draft bill to establish federal framework for crypto regulation
The proposed legislation aims to create standardized oversight for digital asset markets, potentially impacting investment practices, market stability, and regulatory compliance wi...
Read Full Article →Rachel Reeves has promised UK fintech the world – now she must deliver
The upcoming release of the Treasury’s Financial Services Growth and Competitiveness Strategy is expected to play a crucial role in shaping the future economic impact and global st...
Read Full Article →Financial Services Roundup: Market Talk
This update provides an overview of recent developments involving Experian, SoFi Technologies, and other companies, highlighting their impact on the financial sector's current mark...
Read Full Article →Navigating the DLT and Blockchain Ecosystem
Sabih Behzad highlighted how distributed ledger technologies are reshaping financial services by addressing implementation hurdles and outlining approaches to drive widespread adop...
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