JP Morgan will pay $100 million to settle a CFTC probe that concluded the bank failed to properly monitor billions of client orders between 2014 and 2021.

Aquis Exchange and Cboe Europe are forming a joint venture to line up a bid to run the new European Union’s equity consolidated tape.

Neeraj Kapur has over 20 years of experience in senior leadership roles across retail, corporate and SME banking.

Financial markets infrastructure provider TP Icap has acquired data company Neptune Networks and joined forces with nine investment banks to create a dealer-to-client credit business. Financial terms were not disclosed.

The UK government is promising bespoke support for financial technology firms as they start, scale and list as it vows to make the country the “fintech capital of the world”.

Swift says a new round of sandbox testing has found that its central bank digital currency interlinking technology can enable financial institutions to carry out a wide range of transactions using CBDCs and other forms of digital tokens, easily incorporating them into their business practices.

Morgan Stanley is preparing to offer crypto trading to retail customers through its E-Trade platform, according to reports. The Wall Street giant is working with zerohash on the plans after joining a $104 million funding round for the crypto and stablecoin infrastructure platform.

The UK’s Financial Conduct Authority has implemented a permanent Digital Sandbox, making the testpad available full-time for firms wanting to try out innovative technologies.

Metro Bank has announced its CFO James Hopkinson will leave his role after joining in September 2022.

Eurex Clearing has successfully tested the settlement of cash over a distributed ledger operated by the Banque de France.

ClearToken, a London-based clearing house for global digital assets, has secured a $10 million funding round with support from Laser Digital, the digital asset subsidiary of Nomura, several global liquidity providers including Flow Traders and GSR, and leading digital asset firms LMAX Digital and Zodia Custody.

US online brokerages suffered downtime as market opened in anticipation of a stock market rout.

OCBC has launched the sale of bespoke tokenised bonds issued in S$1,000 denominations to corporate clients that have net assets exceeding S$10 million.

Open banking payments in the UK are beginning to catch the attention of fraudsters, with authorised push payment scams on the rise.

Slovenia has emerged as the most ‘crypto-obsessed’ state in Europe, according to recently published research.