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Aberdeen Investments, Lloyds Banking Group and Archax leverage digital assets in UK-first trade

The TRADE

Aberdeen Investments, Lloyds Banking Group and Archax have completed the first UK trade using digital assets. Peter Left, head of digital finance at Lloyds Banking Group, explained: “This groundbreaking initiative proves that digital assets can be used in regulated financial markets under existing legal frameworks here in the UK.

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Coinbase Derivatives and Pico unveil collaboration

The TRADE

Coinbase Derivatives and Pico have established a collaboration aimed at enhancing trading infrastructure and connectivity. “[] We have again proven our ability to provide innovative, reliable and scalable solutions tailored to the needs of digital asset markets, as well as leading banks, exchanges, asset managers and trading firms.”

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DOJ announces its withdrawal from the 1995 Bank Merger Guidelines

JD Supra: Mergers

On September 17, the DOJ announced its withdrawal from the 1995 Bank Merger Guidelines, stating the 2023 Merger Guidelines will be the only authoritative statement across all industries. This decision followed collaboration with the Fed, FDIC and OCC and was informed by public feedback, departmental experience and market developments.

Mergers 165
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How Issac Qureshi Built an E-Commerce Empire: Mergers, Acquisitions, and Leveraged Buyouts

How2Exit

With roots in the banking sector, Issac began his career at Royal Bank of Scotland Group. He was the youngest board member and played a key role in significant acquisitions such as Natwest Bank, Citizens Bank, and Bahambro in the Netherlands.

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Tepid UK & European private capital markets spur unicorns into inorganic opportunities

JD Supra: Mergers

3 reasons for continuously high fintech M&A activity levels: Banks target indirect digital access: Through credit lines, investments in venture capital funds, collaborations with innovators and establishment of next generation incubators.

Capital 177
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FDIC Proposal on Change-in-Control Notices Has Potential Ripple Effects on M&A

JD Supra: Mergers

Some advisers suggested the bank regulatory agencies could join forces without this proposed rule, though they have not always coordinated on various works in the past. Although the agencies could collaborate informally, Alexandra Steinberg Barrage, partner at Troutman Pepper Hamilton Sanders LLP, pointed out a potential challenge with that.

M&A 177
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GFO-X names ABN AMRO Clearing, IMC, Standard Chartered Bank and Virtu Financial as strategic partners ahead of launch

The TRADE

ABN AMRO Clearing, IMC, Standard Chartered Bank and Virtu Financial have been named as strategic partners for GFO-X ahead of its launch in Q1 2025. This strategic collaboration underscores our shared commitment to advancing the institutional digital asset futures and options market.

Banking 64