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Ant International Secures Payment Institution Licence from Central Bank of Brazil | LeapRate
Ant International, a global provider of digital payment, digitisation, and FinAI solutions, has been granted a Payment Institution (PI) licence by the Central Bank of Brazil, the company announced on Friday. The licence is said to mark a further step in Ant International’s expansion in Brazil, where it already operates through Antom, its merchant payment…
Why fewer lending options can mean more fix-and-flip deals for brokers
“It’s just still so hyperlocal,” he said. “When you saw some of the large iBuyers or institutions try to flip homes, a lot of them ended up shutting down in the post-pandemic era because it’s really hard to flip homes at scale. Every street is different. There are so many different vendors that you could…
Power Moves: Newmark, Rocktop, BankSouth and others make newsworthy announcements
After nearly 50 years, Barry Gosin is calling it a career at Newmark Group. The CEO of the commercial real estate advisory will step down on Dec. 31 after serving in that capacity since 1979. Gosin has agreed to continue as chairman of affiliated operating company Newmark & Co. through 2029. Newmark’s board of directors…
State Street shuffles leadership, Florida’s Portrait Bank
In a match-up of two banks with significant mortgage lending operations, Gateway First Bank, a $2 billion-asset bank in Jenks, Oklahoma, has entered into a deal to acquire Texas-based Colonial Savings. The deal strengthens Gateway’s presence in Texas by adding six Colonial locations in the greater Fort Worth market. Both banks have a heritage in…
These 9 penny stocks plunge up to 67% in 3 months
Nine penny stocks with market capitalisation below Rs 1,000 crore, share prices under Rs 20 and recent trading volume of at least 5 lakh shares have fallen between 42% and 67% over the past three months, according to ACE Equity data.
ASIC Suspends Licence of CFD Provider GFA Capital Markets | LeapRate
Australia’s corporate watchdog, ASIC, has suspended the financial services licence of CFD issuer GFA Capital Markets Ltd (GFA) for five months, after finding a string of compliance failures. The suspension runs from 23 July 2026 to 18 December 2026. It follows an industry-wide review of 52 licensed CFD issuers, which first flagged problems at the…