SGX FX Systems UK, the London-based institutional currency-trading business that still trades under the BidFX name, reported operating profit of $21.9 million for the year ended 30 June 2025. That is up from a restated $8.3 million a year earlier. Revenue rose 38% to $60.8 million, according to accounts filed with the UK’s Companies House. […]
From a young age, Randy League loved being on his feet — one of the best habits for reducing cancer risk. He played football and basketball in high school, which he continued to do throughout his adulthood. “I enjoy playing golf, I enjoy any sports and just being outdoors, walking the dogs,” League, 46, told […]
If you’re looking to benefit from India’s long-term consumption story, ETFs tracking the Nifty India Consumption Index offer a simple way to invest in this theme. The Nifty India Consumption Index comprises 30 companies that represent India’s domestic consumption theme. While FMCG accounts for the largest share of the index, it is well-diversified across sectors […]
The second quarter likely ended with Rocket regaining the No. 1 spot among mortgage originators from United Wholesale Mortgage, an industry prognosticator says. Processing Content Second quarter volume is expected to increase by 3% quarter-to-quarter for five companies BTIG analyst Douglas Harter covers: loanDepot, PennyMac Financial Services, Rithm, Rocket and UWM Holdings. The consensus gain […]
Inflation and monetary policy are “at a crossroads,” according to Christopher Waller, the longtime Federal Reserve governor who was a viable contender for the Fed chair position now held by Kevin Warsh. Speaking at a New York Association for Business Economics event Monday, Waller posed a key question: Will core inflation, which excludes volatile food […]
Jian Fan/iStock via Getty Images By Jennifer Nash Our global markets watchlist tracks nine prominent indexes from economies around the world. The list includes the S&P 500 from the United States, TSX from Canada, the FTSE 100 from England, the DAXK from Germany, the
The Australian Securities and Investments Commission revealed Monday that Deutsche Bank has paid a penalty of A$2 million after misreporting more than 260,000 over-the-counter derivative transactions, undermining the accuracy of data used to monitor Australia’s financial markets. ASIC issued an infringement notice to Deutsche Bank after identifying breaches of the ASIC Derivative Transaction Rules (Reporting) […]
8th pay commission: Constituted every 10 years, pay commissions are expected to make decisions that significantly impact salaries of central government employees and pensioners, including railways and defence staff. As per usual timelines, the 8th pay commission is expected to announce its final recommendations within 18 months of being formed, by mid-2027. The move will […]
On its path to ubiquity, artificial intelligence has seeped into mortgage lending. Regulators are racing to catch up. The same forces in the tech world that created the “move fast and break things” ethos are driving AI’s adoption today. With no overarching legislation, industry-specific rules are being rolled out, and mortgage lenders are erecting new […]
Courtesy of MEAG Seafield Strand is MEAG’s fourth Dublin acquisition in six months. Munich Re asset manager MEAG has strengthened its growing Irish real estate portfolio with the acquisition of the Seafield Strand apartment scheme in Sutton, North Dublin, for an undisclosed sum, marking its fourth investment in the capital in little more than six […]