Platform Financial News

While the company's legal parent name will remain ‘The Bank of New York Mellon Corporation', the brand has been modernised to become simply ‘BNY', with a new teal logo to mark the change. As part of the 240 year old bank's refurbishment, its subsidiaries BNY Mellon Investment Management will also be shortened to BNY Investments; BNY Mellon Wealth Management will become BNY Wealth and BNY Mellon Pershing has been rebranded to BNY Pershing. BNY Mellon IM adds US direct lending strategy to platform amid private market demand «The updated brand conveys trust, resilience and innova...

NjordX is an over-the-counter cryptocurrency exchange, and the company is excited to report that very recently, it celebrated one of the most critical milestones in the life of the company—one year since getting the license to be an Estonian Virtual Assets Service Provider. That shows a considerable level of achievement the company has in its journey to serve its valued customers on a safe, transparent, and reliable platform. That Estonian license is a testimony to the fact that NjordX meets the most challenging regulatory conditions and commits to doing business in the cryptocurrency business environment with the highest integrity possible.

Cerra.io has been making significant strides lately, with the successful launch of our second product on the mainnet. Now, we offer both a DEX and P2P-Lending services on a single platform. The team has also introduced a Profit-Sharing module , which will go live shortly after the public sale wraps up. Currently, it’s undergoing an audit, and once finalized, the full potential of the CERRA token will be unleashed. Token holders will then be entitled to 100% of the ADA profits generated by the platform.

India's first-world digital infrastructure and financial inclusion, which has brought access to digital banking, payments, health, and credit services to almost 500 million people, are widely acknowledged. However, this technological progress has also led to a new threat: cyber fraud. India now ranks among the largest victims and perpetrators of cyber fraud worldwide.

Neal Mohan took charge YouTube in February 2023, after one of Google's founding employees, Susan Wojcicki, decided to step down from the role.A Stanford graduate, Mohan became part of Google, YouTube's parent company in 2008 and before becoming CEO, was chief product officer of the company.Speaking to Bloomberg about the video streaming platform's vision for the future, outlook on artificial intelligence and creators' economy, Mohan was optimistic that this is “still early days" for YouTube.Track | Markets LIVE Updates here“I want to be a place where we are the best place to create, to share, to watch, a video that you can think of regardless of where you are in the world or what device you're on. That's our that's that's my vision.

Ahead of L&G's capital markets day today (12 June), the group shared plans to merge LGIM and the alternative assets platform Legal & General Capital as a «unified, global, public and private markets asset manager». A global search to replace Scrimgeour, who has held the role of CEO at LGIM for five years, has started. However, she will continue as CEO of the legal entity, LGIM (Holdings) Limited, until an appointment is made. She will also lead the transition and establishment of the new division with L&G Capital chief Laura Mason, who has been appointed CEO of private markets. Both w...

mutual fund scheme declares its net asset value (NAV) at the end of each working day. The NAV is updated daily at 11 pm for all schemes, except for fund of funds, which are updated at 10 am the next day and displayed on websites of the fund house, AMFI, and investment platforms.

Sattrix Information Security were listed on the BSE SME platform with a premium of 24% on Wednesday. The stock debuted at Rs 150 as against an issue price of Rs 121 per share. Ahead of the listing, the company's shares traded with a premium of Rs 15 in the unlisted market.

Elon Musk made billions of dollars by selling Tesla stock using insider information, an institutional shareholder accused in a lawsuit filed on Tuesday, asking the court to direct the Tesla CEO to return "unlawful profits." The lawsuit comes two days before a critical vote by Tesla shareholders on whether to reinstate Musk's $56 billion pay package, after a Delaware judge voided it in January because she found that Musk had improperly controlled the process.

DST Global and Lightspeed Venture Partners are expected to join the ongoing financing round for Zepto, multiple people in the know said.

venture capital and private equity funds, buoyed by post-Covid demand that continues to grow.

California Democratic lawmakers are fast-tracking a bill aiming to crack down on resellers of stolen goods

Hearsay Systems, a global leader in digital client engagement for financial services, is entering a new phase as it gets snapped up by another digital marketing technology giant.

Eric Kripke, showrunner of «The Boys,» has revealed that the superhero series will end with its fifth season. This announcement comes ahead of the premiere of Season 4 on Amazon Prime Video.

Wipro on Tuesday rolled out Lab45 Artificial Intelligence (AI) platform to compete with other software service providers in helping customers and employees transform business functions and industry-specific solutions with faster efficiencies.

Comicstorian', has died. He was 40-year-old. Potter's wife Nathalie Potter revealed details about his death.

The bitcoin price (BTC) fell below $67,000 Tuesday after the spot bitcoin exchange-traded fund (ETF) market saw its first day of net outflows in nearly three weeks on Monday as bitcoin investors get nervous ahead of inflation data and an influential interest rate decision.

India added 'Modi Ka Parivar' to their social media as a mark of affection towards me. I derived a lot of strength from it.

Apple announced a slew of new features for iOS 18 at Monday’s developers conference event, many of which are designed to enhance the Siri assistant and bring artificial intelligence tools to iPhone users

She is set to formally take over the role in September, and will report into Russell Lancaster, managing director of platform and intermediary partnerships. Christopher was Fidelity's head of proposition, strategy and growth for just over three years, prior to which she was head of retail solutions at M&G Prudential. 7IM acquires £430m AUMA Eastcote Wealth Management She also had tenures at Aegon and Legal & General after starting her career at Cofunds in 2010. 7IM has been progressively building out its platform offering with several millions of pounds invested, which it supple...

₹1,445 crore to partly finance the acquisition of US-based pharmaceutical major Viatris’ active pharmaceutical ingredients (API) business by Matrix Pharma Private Ltd.The deal is being consummated with financing from Kotak Strategic Situations Fund II, the firm said in a statement, more than a year after it announced the first close of a $1.25 billion fund to invest across growth and value companies.The acquisition is expected to make the Hyderabad-based Matrix Pharma the second largest Indian player in antiretroviral API space. It will also gain access to Viatris’ network of 185 scientists and a repository of more than 600 drug master files (DMF).Kotak Alt’s capital infusion will enable Matrix to consolidate its leadership in the API business by focusing on third-party sales and will selectively evaluate inorganic opportunities in the pharma contract development and manufacturing organization (CDMO) space.Srini Sriniwasan, managing director of Kotak Alternate Asset Managers, said that the deal underscores Kotak Alt’s pharma industry capabilities and its ability to create a platform to build a robust API business which we can support with organic and inorganic growth.Viatris Inc was a result of a merger between Mylan NV and Pfizer’s Upjohn unit in 2020.