Arnab Shome

1 week ago | financemagnates.com | Arnab Shome

Wise (LON: WISE) announced today (Tuesday) that its quarterly cross-border volumes in the three months ended 31 March 2025 jumped by 28 per cent to £39.1 billion, while its customer holdings increased 33 per cent to £21.5 billion. Strong Figures from WiseAnother key metric that improved was the number of active customers on the platform, which crossed 9.3 million—a 17 per cent year-on-year increase.

1 week ago | financemagnates.com | Arnab Shome

Swissquote, the Switzerland-listed online trading platform, has launched a new merchandise store selling caps and T-shirts. Branded as The Swissquote Store, all the products follow a trading-related theme. Clothes for Traders“Finance with flair,” reads the message on the store’s homepage. “Bold, irresistible. From the bank to your wardrobe.”One cap listed on the store features the slogan “Market Cap”, while one of the T-shirt designs carries the phrase “Wwallstreet Boys”.

1 week ago | financemagnates.com | Arnab Shome

The total number of clients of forex and contracts for differences (CFDs) broker Blackbull has now exceeded 400,000. However, it remains unclear how many of them are actively trading. A Milestone for Blackbull“With our proprietary technology, we’ve built a platform that prioritises transparency and fairness for traders, amid an extremely competitive industry,” said Anish Lal, Blackbull’s Chief Business Development Officer, in a LinkedIn post.

2 weeks ago | financemagnates.com | Arnab Shome

Scammers have become so sophisticated that even traditional bank accounts are within their reach. In one such case, scammers opened a JPMorgan Chase bank account and scammed at least one victim in the United States through a clone of Exante, a brokerage firm that does not even offer services in that country. The victim transferred the funds to the scammers via that JPMorgan Chase account, according to the (real) Exante.

3 weeks ago | financemagnates.com | Arnab Shome

US President Donald Trump has once again delivered on his campaign promise. Yesterday (Wednesday), he officially ordered reciprocal tariffs to be imposed globally from 5 April. Global stock and cryptocurrency markets are expected to see cautious investor sentiment due to the possibility of an escalated trade war triggered by these US tariffs. Volatility in the Crypto MarketVolatility in the cryptocurrency market intensified following the tariff announcement.