Bloomberg Terminals back up after outage
Bloomberg terminals were hit by a global outage on Wednesday, disrupting trading round the world.
Bloomberg terminals were hit by a global outage on Wednesday, disrupting trading round the world.
The former French President, François Hollande, gave a keynote session at Money 20/20 speaking on the current state of French technology investments and about how he turned France into a Fintech hub.
Robinhood has opened up for business in the UK, providing commission-free trading of more than 6,000 US-listed stocks and ADRs including big hitters such as Tesla, Amazon, and Apple.
Despite a brutal slowdown, the UK market for fintech investment has retained second place globally behind the US, according to the annual marekt barometer from Innovate Finance.
Swiss exchange operator SIX Group has agreed to buy UK-based challenger exchange and data provider Aquis for an enterprise value of £194 million.
Augmentum Fintech has made a £2.6 million investment in London-based peer-to-peer FX trading platform LoopFX.
US President Donald Trump has signed an executive order paving the way for Americans to add alternative assets such as private equity, cryptocurrencies and real estate into 401(k) retirement saving plans.
UniCredit is to create 200 new jobs in the next phase of a securities services revamp that calls on BNP Paribas for custody and FNZ for the build of a cloud-based post-trade securities platform.
German stock exchange operator Deutsche Börse has bid $5.5bn to acquire investment funds platform Allfunds in a move that could have ramifications for Europe’s asset and wealth management market.
Point72 Ventures has led a $15m Series A investment round in asset securitization fintech GenTwo.
The US arm of Industrial and Commercial Bank of China was hit by a ransomware attack on Thursday, forcing clients to reroute some trades.
On-chain privacy and advancements in identity management will be crucial to unlocking the potential of blockchain technology and asset tokenisation in financial markets, according to a JPMorgan white paper.
The UK arm of Australian investing fintech Halo Technologies is setting up an operations and development centre in Glasgow, creating more than 60 jobs in the city.
Robinhood is to pay $45 million to settle a range of SEC charges against its brokerage operations.
The US Department of Commerce has enlisted Chainlink and Pyth to put macroeconomic data, including GDP, on the blockchain.