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Institutional FX
FX Rates Beat Down Nasdaq’s Q1 Revenue
2023-04-19T15:26:30.857+02:00
Nasdaq's constituent business segments reported single-digit growth.
Verafin onboarded first global Tier 1 bank in April 2023.
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FinTech
Swiss Fintech Leonteq Expects Lesser Profit as Client Demands Drop
2022-12-28T23:26:39.902+02:00
The firm disclosed this in a business update.
Leonteq expects its group net profit for 2022 in range of the prior year's CHF 155.7M.
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CryptoCurrency
Coinbase Expects 2022 Revenue to Tank by over 50%
2022-12-07T23:40:27.441+02:00
The gloomy expectation comes on the heel of current crypto market turmoil.
Coinbase's revenue dropped -29% to $576 million in Q3 2022.
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FinTech
Goldman Sachs to Merge Trading Business, Other Units to Boost Revenue
2022-10-17T18:17:59.530+02:00
The firm wants to cut its reliance on volatile trading and investment banking revenues.
Goldman Sachs’ net profit is expected to slump 49% to $2.77 billion in Q3 2022.
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Institutional FX
SGX Group's FX Revenue Surges 47% as FY22 Brings S$456M in Net Profit
2022-08-18T19:57:52.986+02:00
SGX's OTC FX generated a revenue of S$58.4M in FY2022.
The Group's total revenue grew 4% to S$1.1 billion in the period.
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