Barclays explores Plc (BARC.L) is exploring the possibility of selling a stake in its unit responsible for processing payments for UK merchants. The British bank is actively seeking a partner to help drive the growth of this business, according to four individuals familiar with the matter who spoke to Reuters. The bank is contemplating the …
Barclays explores sale of stake in $2.5 billion UK payments Read More »
Mayur Kamat, the Global Head of Product at Binance, has tendered his resignation amidst a series of executive departures and staff reductions at the cryptocurrency exchange, according to a statement provided to Reuters by a company spokesperson on Monday. Mayur Kamat departure comes in the wake of a recent exodus of top executives from Binance, …
Binance global head of product Mayur Kamat resigns Read More »
The Commodity Futures Trading Commission (CFTC) has taken legal action against Murtuza Kazmi and his entitiescollectively known as “My Forex Funds,” over allegations of fraudulent solicitation of customers in leveraged retail foreign exchange (retail forex)and leveraged retail commodity transactions. The CFTC filed a complaint in the U.S. District Court for the District of New Jersey …
CFTC SUES ALLEGED ‘BUCKET SHOP’ MY FOREX FUNDS AFTER $310 MILLION PROP TRADING FRAUD Read More »
