Finance

By Simon Camilleri, CEO at Saxo UK As competition intensifies in pricing, financial institutions and investment platforms must prioritise complete transparency to provide investors with a clear understanding of costs, enabling them to make well-informed decisions. Historically, the financial industry faced criticism for its lack of transparency, leaving investors unaware of hidden fees, costs, and potential conflicts of interest. However, with technological advancements and growing market competition, there needs to be a concerted shift towards greater openness.

India’s diplomatic and economic landscape is undergoing a transformative shift, marked by its recent development in a ground-breaking free-trade agreement (FTA) with the European Free Trade Association (EFTA). This consortium, distinct from the European Union, includes Norway, Switzerland, Iceland, and Liechtenstein—a quartet of economic prowess. In an era where globalization and international collaboration are the linchpins of economic development, this FTA stands out as a beacon of progress. The pact is poised to inject an astounding $100 billion into India’s economy, heralded by the country’s Trade Minister as a monumental stride towards economic revitalization and job creation. With general elections…

In this interview with David Power, the accomplished CEO of BNF Bank, we gain insights into his transformative leadership journey. With a distinguished career spanning global financial hubs, David has steered BNF Bank to new heights. IG: What can you tell us about the achievement of third-country branch authorization in the UK? Why is this such a significant and positive development for BNF Bank and its clients? David Power: BNF Bank has actively operated in the  United Kingdom through its London branch since 2019. In November 2023, we obtained approval to operate a third-country branch authorized…