Stuff that matters
Australia said it has teamed up with the United States and Canada to launch an interactive map of deposits of rare earths and other critical minerals that are expected to be in hot demand as the world moves to cleaner Read more
TP ICAP (TCAPI.L), the world’s biggest interdealer broker, is launching a cryptocurrency trading platform with Fidelity Investments and Standard Chartered’s digital assets custody unit, the consortium said on Tuesday. Institutional investors have warmed to the crypto sector this year and Read more
German stock exchange operator Deutsche Boerse (DB1Gn.DE) said on Tuesday that it was buying a two-thirds stake in Swiss fintech Crypto Finance to expand its offering for digital assets. Crypto Finance, which was founded in 2017 and has 55 employees, Read more
Malaysian conglomerate Sunway Bhd has teamed up with Tencent-backed Chinese fintech firm Linklogis Inc and Bangkok Bank PCL to apply for a Malaysian digital bank licence, two sources with knowledge of the matter said. Sunway will hold a majority stake Read more
Budget carrier Norwegian Air (NORR.OL) showed poor judgement when it paid bonuses to top management just weeks after emerging from government-backed bankruptcy proceedings, Norway’s industry minister said on Tuesday. Having shed thousands of jobs during the pandemic and forced creditors Read more
UniCredit is set for further senior management changes in the coming weeks as part of new CEO Andrea Orcel’s reorganisation of Italy’s second biggest bank, two people close to the matter said. In May, less than a month after taking Read more
Banks’ increasing dependence on ‘RegTech’ technology to automate fraud checks and send data to regulators may need common rules to encourage wider use, the European Union’s banking watchdog said on Tuesday. Part of a wider trend of digitalising finance, RegTech Read more