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FinTech

Swiss Fintech Leonteq Expects Lesser Profit as Client Demands Drop

The firm disclosed this in a business update.
Leonteq expects its group net profit for 2022 in range of the prior year's CHF 155.7M.

Wednesday, 28/12/2022 | 21:26 GMT by Solomon Oladipupo

CryptoCurrency

Coinbase Expects 2022 Revenue to Tank by over 50%

The gloomy expectation comes on the heel of current crypto market turmoil.
Coinbase's revenue dropped -29% to $576 million in Q3 2022.

Wednesday, 07/12/2022 | 21:40 GMT by Solomon Oladipupo

FinTech

Goldman Sachs to Merge Trading Business, Other Units to Boost Revenue

The firm wants to cut its reliance on volatile trading and investment banking revenues.
Goldman Sachs’ net profit is expected to slump 49% to $2.77 billion in Q3 2022.

Monday, 17/10/2022 | 16:17 GMT by Solomon Oladipupo

Institutional FX

SGX Group's FX Revenue Surges 47% as FY22 Brings S$456M in Net Profit

SGX's OTC FX generated a revenue of S$58.4M in FY2022.
The Group's total revenue grew 4% to S$1.1 billion in the period.

Thursday, 18/08/2022 | 17:57 GMT by Solomon Oladipupo

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