{
}
The EU has removed the United Arab Emirates from its money-laundering "high-risk" list, alongside Barbados, Gibraltar, Jamaica, Panama, the Philippines, Senegal, and Uganda. However, Monaco and ten other jurisdictions, including Algeria and Venezuela, have been added to the list for increased monitoring. This update reflects the EU's commitment to align with international standards set by the Financial Action Task Force.
Gemini, the U.S.-based cryptocurrency exchange, has secured an investment company license from the Malta Financial Services Authority, enabling it to offer regulated derivatives across the EU and EEA under MiFID II. This move supports its European development strategy for 2025, allowing the launch of perpetual futures and other derivatives for retail and institutional users.Additionally, Gemini has introduced USD payment services for institutional clients in the UK and EU through Bank Frick, with plans to expand these services to Gibraltar, Jersey, Guernsey, and the Isle of Man, enhancing its platform capabilities.
Union Bancaire Privée (UBP) has finalized its acquisition of SG Kleinwort Hambros from Societe Generale, rebranding it as Union Bancaire Privée (UK) Limited, with Mouhammed Choukeir as CEO. This move positions UBP as one of the UK's largest family-owned private banks, managing over £20bn in client assets. UBP's CEO, Guy de Picciotto, emphasized the acquisition as a pivotal step for growth and innovation in wealth management, ensuring clients receive enhanced personalized services.
Morgan Stanley Investment Management has announced a portfolio management change for the Morgan Stanley China A Share Fund, Inc. In other news, Indian equities continued to rise, driven by gains in banks and energy stocks, while Citigroup adjusted its price target on Morgan Stanley to $125, maintaining a neutral rating. Additionally, Morgan Stanley raised its GDP growth forecast for China in 2025.
Uber Technologies, Inc. operates in multiple regions, focusing on Mobility, Delivery, and Freight services. Institutional investors hold 80.24% of its stock, while analysts maintain a "Moderate Buy" rating, with a consensus target price of $90.89. Recent price targets from UBS and other firms reflect a range of $95.00 to $107.00.
FDM Group shares (LON: FDM) have seen a significant decline, dropping 24.59% in early 2025 and 47.88% over the past year. Deutsche Bank has cut its price target from 360 GBp to 275 GBp while maintaining a Hold rating, reflecting cautious optimism amid a challenging market. The stock, currently trading at 239.50p, has fallen over 80% since September 2021, as it seeks support in a fluctuating environment.
Lombard Odier faces serious money laundering charges from the Swiss Attorney General, echoing the Credit Suisse scandal. The allegations stem from connections to Gulnara Karimova, daughter of Uzbekistan's former president, whose criminal organization funneled billions into the bank through a Russian consultant. Despite the charges, Lombard Odier claims the allegations are unfounded and plans to defend itself vigorously.
GIB
Country
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
eu removes uae from high risk money laundering list
18:34 10.06.2025
gemini secures mifid license to expand derivatives offerings in europe
United States Dollar
Bank Frick & Co. AG
Gemini Trust Company LLC
GGY
GIB
GBR
JEY
IMN
MLT
USA
Show more
11:15 13.05.2025
ubp completes acquisition of sg kleinwort hambros expanding wealth management in uk
British Pound Sterling
UNION BANCAIRE PRIVEE, UBP SA
GBR
CHE
GIB
Mouhammed Choukeir
Guy de Picciotto
Show more
15:04 02.04.2025
Morgan Stanley announces management changes for China A Share Fund
United States Dollar
Citigroup Inc.
National Australia Bank Ltd
Morgan Stanley
Deutsche Bank RV Global PP
HKG
ASM
SWE
PCN
TTO
IRL
HTI
CHE
SVN
FRO
GRC
NIC
CUW
BRB
LUX
FIN
BMU
NIU
BHS
USA
CHN
HRV
SLV
VIR
IOT
GRD
BVT
NLD
SXM
NOR
BGR
ITA
IND
ATF
REU
DMA
KNA
JAM
EST
AUS
GUM
ROU
AUT
CUB
CHL
BRA
HND
BEL
MSR
ARG
LTU
SVK
TCA
CRI
VCT
FLK
CZE
TKL
DNK
ATG
PRT
GTM
FRA
MEX
GBR
HUN
ECU
IMN
ABW
BES
BOL
SGS
CAN
BLM
GGY
CCK
ATA
PAN
SPM
JEY
GLP
POL
AIA
WLF
CYM
DOM
URY
ESP
LVA
VEN
GIB
SJM
LCA
PRY
PER
SHN
DEU
NCL
NFK
CYP
PYF
PRI
MLT
MNP
COL
MTQ
MYT
GRL
Show more
13:46 24.03.2025
uber technologies faces price target cuts amid mixed analyst ratings
Uber Technologies, Inc.
SPM
NLD
HRV
CAN
AUT
LIE
CYP
MLT
REU
MKD
DEU
GLP
SRB
ESP
LTU
USA
SVK
ISL
CXR
MNE
PYF
BES
ROU
ATA
GIB
FRA
CYM
GRC
PCN
SJM
DNK
EST
IRL
SHN
MTQ
JEY
MCO
CZE
IMN
HUN
FRO
BEL
WLF
GBR
FLK
TCA
VAT
NOR
CHE
ATF
ITA
LUX
TKL
MYT
MSR
AIA
SVN
CUW
PRT
POL
MAF
BIH
SXM
FIN
GGY
BGR
LVA
BVT
AND
SMR
NFK
HMD
NIU
SGS
GUF
BLM
CCK
SWE
ALA
Jill Hazelbaker
Show more
08:00 04.02.2025
FDM Group shares decline as Deutsche Bank cuts price target to 275 GBp
British Pound Sterling
FDM Group (Holdings) PLC
FRO
ARM
NLD
BEL
KAZ
GBR
HRV
CAN
AUT
ALB
LIE
VAT
NOR
CYP
MLT
CHE
MKD
DEU
SRB
ESP
IMN
ITA
LTU
LUX
USA
SVK
ISL
MNE
SVN
PRT
ROU
FRA
POL
GIB
TUR
ATA
MDA
GRC
FIN
BIH
GGY
BGR
LVA
AND
SJM
GEO
DNK
EST
SMR
IRL
RUS
AZE
JEY
GRL
UKR
SWE
MCO
CZE
HUN
Show more
10:00 31.01.2025
swiss bank embroiled in money laundering scandal linked to uzbek telecoms fortune
United States Dollar
Uzbekistani Soʻm
Swiss Franc
Russian Ruble
Pictet TR - Atlas
Coutts
UBP
Takilant Ltd.
Credit Suisse Real Estate Fund Siat
Lombard Odier Funds - All Roads
UBS
Mirabaud
GIB
UZB
RUS
CHE
Bekhzod Akhmedov
Patrick Odier
Arnaud Leclercq
Gulnara Karimova
Ali Janoudi
Show more
21:01 29.11.2024
Trending
Subcategory
Corporate News
Industry Trends
Central Banks and Digital Currencies
Cryptocurrency Trends
Fintech Startups
Industry Mergers & Acquisitions
Startups & Entrepreneurship
AI Innovations
Emerging Startups
Funding Rounds & Investments
Countries:
Companies:
Tencent Music Entertainment Group
Sony Music Entertainment COMPANY
Alphabet Inc.
Microsoft Corporation Corp.
Oracle Corporation
Softbank Group Corp.
Currencies:
People: