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Latest Results from /markets

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S&P Global to give 35,000 employees GenAI training

Ratings and analytics provider S&P Global has struck a deal with Accenture to train its entire 35,000-strong workforce in generative AI.

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US online brokerages hit the skids during market rout

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

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SME Finance Taskforce announces plan boost UK economic growth

The SME Finance Taskforce has released its coalition plan to boost the UK economy by speeding up lending and access to finance for 5.5 million SMEs.

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Freetrade pulls out of Swedish market

Freetrade has announced it is leaving the Swedish market to focus its resources on UK self-directed investment market.

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Finextra is getting a new look!

We’re excited to go live with Finextra’s new website next week.

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SIX Swiss Exchange resumes trading following tech breakdown

SIX Swiss Exchange is to resume trading from 14.30 after technical problems forced the market operator to twice suspended trading in stocks, bonds, and exchange-traded funds.

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Deutsche Börse invests in capital markets fintech Primary Portal

Primary Portal, a digital platform that aggregates and digitises equity capital market processes for banks and asset managers, has completed the first stage of its £7.5 million Series A funding round led by the venture capital arm of Deutsche Börse.

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UBS and CIBC execute intraday FX swap transaction on Finteum DLT platform

UBS and CIBC have executed a world-first intraday FX swap transaction on the DLT-enabled Finteum Platform.

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NatWest buys Metro Bank’s £2.4 billion mortgage portfolio

NatWest has bought Metro Bank’s £2.4b mortgage book, while also admitting to being forced to spend £24m on cancelled “Tell Sid” campaign by the previous government.

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Private markets fintech bunch raises $15.5 million

Berlin-based private markets platform bunch has closed a $15.5 million Series A

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CFPB proposes rule for paycheck advance products

The interpretive rule is designed to help ensure US workers know the costs and fees of paycheck advance products.

/markets

Zodia Markets acquires Elwood's OTC trading arm

Standard Chartered's digital asset trading arm Zodia Markets has acquired the Jersey-based OTC trading business of Elwood Technologies.