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Arnab Shome

Advanced Markets UK Turns Profitable in 2021, Revenue Jumps 13%

Advanced Markets (UK) Limited, the FCA-regulated subsidiary of the wider Advanced Markets Group, turned a profit in 2021 fiscal with a healthy jump in revenue as well. Take Advantage of...

Jefferies Sees 52% Profit Decline in Q3 2022

Jefferies Financial Group Inc., (NYSE: JEF) the parent company of FXCM Group, reported a net income of $195 million or 75 cents a share in the third quarter of 2022, which is a...

Crypto.com Secures Presence in France with New License

Crypto.com has become the latest cryptocurrency platform to gain approval in France. Announced on Wednesday, the platform has been registered as a Digital Asset Service Provider (DASP) in the country after receiving clearance...

GBE Brokers Eyes Middle East Expansion with New Dubai Office

GBE brokers announced on Friday the opening of a new representative office in Dubai, thus further expanding its presence in the Middle East and North Africa (MENA) region. The new office is located...

Siam Commercial Bank Scraps $500M Acquisition Deal of Crypto Exchange Bitkub

Thailand’s oldest lender, Siam Commercial Bank (SCB) has abandoned the deal to acquire a controlling stake in Bitkub Online, the country’s largest cryptocurrency exchange ...

Babel Finance Lost $280 Million in Proprietary Trading

Babel Finance, a troubled Hong Kong-based crypto lender that suspended withdrawals last month, lost $280 million in proprietary trading activities with customer funds, according to a report by The Block that cited a...

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