Saxo Bank A/S’ trading in crypto-currency assets for its own account was “outside the legal business area of financial institutions,” according to a recent ruling by the Danish Financial Supervisory Authority, which ordered the Copenhagen-based bank to “dispose of its own holdings of crypto assets.” “On 4 July 2023, the Danish Financial Supervisory Authority [FSA]… Read More >>
Wipro Picks a CEO and Executive Vice Chairman
Executive Appointments at Wipro Limited Bangalore, India-based Wipro Ltd., an information technology, consulting and business process services company, has named T.K. Kurien executive vice chairman and Abidali Neemuchwala CEO. Kurien will continue to report to Azim Premji, Wipro Ltd. chairman, and will remain a board member through the end of March 2017, officials say. Neemuchwala… Read More >>
Brady Acquires Temenos’ Energycredit Unit
Brady Hopes Temenos Unit Will Help Broaden Offerings Brady PLC, maker of trading, risk management and settlement solutions for the energy, commodities and recycling sectors, has acquired the Energycredit unit from vendor Temenos Group, officials say. The combination of each’s offerings should help Brady branch out into new commodity asset classes, Brady officials say. Temenos,… Read More >>
