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Institutional FX
Alpha Group Surges 34% as Corporate Clients Rush to Hedge Currency Risk
2025-09-09T08:38:11.893+02:00
The corporate division leads a growth surge with a 68% revenue increase as the banking alternative expands its global footprint.
The banking alternative firm remains on track for its fourth-quarter acquisition by Corpay, pending regulatory approvals.
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Institutional FX
Alpha Group Sets Sights on US and Singapore in Client-Led Expansion Strategy
2025-04-17T09:44:55.376+02:00
The company plans to expand into new markets where existing European clients are currently operating.
The move may potentially increase revenue without immediate major infrastructure investments.
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Institutional FX
New CEO Inherits a Money-Making Machine as Alpha Group Reports £123.1M Profit
2025-03-19T09:59:11.023+02:00
The company reported 23% revenue growth to £135.6 million in 2024.
Profit before tax jumped 6% to £123.1 million as new CEO Clive Kahn takes over from founder Morgan Tillbrook.
Numbers were boosted by £84 million in interest income from client balances.
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Institutional FX
Alpha Group’s 2024 Revenue Jumps 23%, Profits Are “In Line with Expectations”
2025-01-21T09:59:24.998+02:00
Revenue from both corporate and institutional divisions jumped by 20 per cent.
Subsidiary Cobase’s revenue surged by 70 per cent.
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Executives
Clive Kahn Takes Over as Alpha Group’s CEO
2025-01-02T10:26:20.471+02:00
Kahn was Alpha Group’s Chairman for the past eight years.
He currently holds a 0.83 per cent stake in the company, which is expected to “meaningfully increase.”
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Executive Moves
Alpha Group’s Leadership Change: Ex-Travelex CEO to Succeed Morgan Tillbrook
2024-09-10T09:54:20.627+02:00
Tillbrook will step down as CEO on December 31, 2024.
Clive Kahn, the current Chair of Alpha Group, will take over as CEO next year.
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Institutional FX
Alpha Group Posts 16% Revenue Jump In H1 2024 as Client Base Expands
2024-09-04T08:38:53.084+02:00
The company also reported a 16% revenue increase to £64 million in the same period.
Corporate and institutional divisions showed double-digit growth despite market challenges.
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Institutional FX
Alpha Group’s H1 2024 Revenue Jumps 16%
2024-07-23T09:10:42.860+02:00
The company generated £64 million in the first six months of the year.
Its total income came in at £107 million.
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Institutional FX
Alpha Taps Cash Pile for New £20 Million Share Repurchase
2024-06-28T11:02:58.783+02:00
The company announced a new share buyback program the day after the previous one ended.
The program's conditions are the same, and the shares are being bought back at 0.2 pence each.
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Institutional FX
Alpha Group Launches Alpha Match, Streamlining Fund Finance
2024-05-21T12:52:56.844+02:00
It enables private capital funds to efficiently find financing from a database of over 290 lenders.
The platform aims to provide transparency and best execution in the fund finance market.
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Institutional FX
Alpha Group Returns Value to Shareholder: Announces 12.3p per Share Dividend
2024-03-20T09:58:04.218+02:00
The company ended 2023 with a basic EPS of 206.2 pence.
Earlier, it allocated £20 million for the share buyback.
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Breaking: Alpha Group Allocates £20 Million for Share Buyback
2024-01-29T09:42:25.876+02:00
The company will procure each share at 0.2 pence.
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Institutional FX
Alpha Group’s Business Diversification Paid Off: Revenue Jumped 12%
2024-01-18T09:48:22.452+02:00
The company profited from the higher interest rates as pre-tax profits surged 140 percent.
Its profit margin remains unchanged at 39 percent.
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Alpha Group Finalizes Cobase Acquisition in a €9.6 Million Deal
2023-12-01T09:40:30.633+02:00
After the initial announcement two months ago, the company finalized the purchase.
The deal, valued at €9.6 million, grants Alpha 85% ownership.
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Alpha Group International PLC Reports £55 Million in H1 2023 Revenue
2023-09-13T09:19:55.159+02:00
The company reports an increase of 20% revenue.
Despite macro headwinds, Alpha forecasts full-year results to align with market expectations.
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Alpha Group Reports Record Month and Revenue of £55M in H1 2023
2023-07-25T08:51:41.619+02:00
Alpha Group International plc has revealed a rise of 20% in revenue.
The company reported that June was a record month.
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Retail FX
News Nuggets | 22 March: Dukascopy, Crossover Markets, Alpha Group and More
2023-03-22T12:21:05.833+02:00
Read today's FX/CFDs, crypto and fintech sectors' dynamic news.
Dukascopy brings restrictions to bank CFDs; Eurex to launch BTC index futures; Alpha Group's numbers.
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Institutional FX
Alpha Group (Previously Alpha FX) Confirms 27% Revenue Jump in 2022
2023-03-22T10:46:10.844+02:00
The company reported a robust jump in every essential financial measure.
Additionally, it increased the number of clients and employees.
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