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GFO-X names ABN AMRO Clearing, IMC, Standard Chartered Bank and Virtu Financial as strategic partners ahead of launch

The TRADE

ABN AMRO Clearing, IMC, Standard Chartered Bank and Virtu Financial have been named as strategic partners for GFO-X ahead of its launch in Q1 2025. The venue added that it looks forward to announcing additional partnerships with leading financial institutions in the immediate future.

Bank 64
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Western Banks Help Fund Blacklisted Oligarch’s Charity

The New York Times: Banking

Konstantin Malofeyev’s foundation funds orphanages in occupied Ukraine. He denies that a child-removal program there is a war crime: “All of this is fake.”

Funds 96
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Can You Supercharge Your Business Growth? The Roll-Up Strategy REVEALED

How2Exit

The Roll-Up Strategy REVEALED - Watch Here About the Guest(s): Matt Duckworth is the CEO and founder of Rhapsodi, a financial services firm based in Little Rock, Arkansas. His career transitioned into investment banking and fractional CFO services, where he developed significant expertise in mergers and acquisitions, particularly roll-ups.

Business 130
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A Climate Fund Could Pay Billions to Protect Trees in Amazon and Beyond

The New York Times: Banking

Brazil is proposing a fund that would pay countries to protect tropical forests that are crucial to curbing climate change. It would generate returns, too.

Funds 132
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New crypto trading venue aimed at banks and securities firms has launched as digital assets market infrastructure continues to evolve

The TRADE

RULEMATCH, a new crypto trading venue, serves banks and securities firms which are already active in the crypto market has launched, offering a combination of integrated, post-trade settlement and ultra-low latency for participants including hedge funds and high frequency traders.

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F.D.I.C. Says Banks Need to Keep a Record of Their Fintech Customers

The New York Times: Banking

Banks holding customer funds for money management apps should keep track of customers’ identities and balances, the agency says.

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JPMorgan Chase, Bank of America and Wells Fargo Earned Billions

The New York Times: Banking

JPMorgan Chase, Bank of America and Wells Fargo reported healthy quarterly profits despite having to pay to replenish the industry’s deposit insurance fund.

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