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Latest Results from /markets

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Nato nations to launch Defence, Security and Resilience Bank

Following a recent commitment by Nato countries to invest 5% of their GDP to defence, global banks are backing a new bank that is being set up to support Nato countries and their allies finance their defence needs.

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Barclays and BNP Paribas invest in Capitolis

Barclays and BNP Paribas are the latest big-name banks to invest in Capitolis, bringing the capital markets tech provider's strategic funding round up to $56 million.

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Dwpbank buys brokerage-as-a-service platform lemon.markets

Deutsche WertpapierService Bank (dwpbank) has agreed to buy Berlin-based brokerage-as-a-service platform lemon.markets

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UK's high street banks see profits fall as online rivals gain ground

High street banks in the UK have seen their profits drop in 2024 as customers opt for alternative lenders and online banks offering both higher savings rates and more digital services.

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BVI survey attempts to woo cross-border fintechs

Fintech’s international expansion plans are being thwarted by a fragmented regulatory landscape, according to recently published research designed to promote the role of international finance centres (IFCs).

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Asset manager associations join international blockchain initiative

The respective trade associations for the UK and Singapore's asset management industries have signed up to Project Guardian, a cross-border initiative led by the Monetary Authority of Singapore and designed to promote use-cases for blockchain.

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SEC launches AI task force

The US Securities and Exchange Commission has launched an AI task force to spearhead the agency’s efforts to embed artificial intelligence into its operations.

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Klarna considers autumn IPO revival

After pausing plans for its initial public offering amid market turbulence in the spring, Klarna is looking to revive its listing this autumn.

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Hong Kong to issue first stablecoin licences in early 2026

Hong Kong's financial regulator has stated that the first stablecoin licences will not be issued this year despite the fact its stablecoin legislation has taken effect as of today.

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Thoma Bravo buys stake in Trading Technologies

Private equity giant Thoma Bravo has bought a stake in capital markets tech provider Trading Technologies (TT).

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Wise shareholders back plan to move listing to the US

Wise shareholders have voted in favour of the fintech's plan to shift its primary listing from London to the US.

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Australians embrace digital banking as digital wallet use surges

Australian consumers are adopting digital banking services in increasing numbers with 99.3% of transactions taking place over digital channels, including A$160bn in payments made via mobile wallets.