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EToro remains on track to hit forecasts under conservative growth estimates

Fintech Correspondent

Fading frenzied demand for meme stocks and cryptocurrencies in the second quarter led user growth rates to decline sharply at online brokerage eToro, as the firm was hit by losses ahead of its planned public debut.

The digital trading firm reported 2.6 million new registered users between April and June, slowing from growth of 3 million new users in the first quarter of 2021.

Loss hits eToro amid slowed user growth on fading GameStop hype

Fading GameStop and crypto hype sees tapered user growth at eToro

Emily Nicolle

GameStop

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Alain Courbebaisse will take on role in the new year

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Leveraged finance lawyers are in high demand in London

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Find out who is on the move in the City and beyond this week

Season’s greetings videos from Blackstone and Apollo feature offbeat images including a CEO on horseback.

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The long-term partnership between Caceis and Santander will be maintained but the Latin American joint venture isn’t part of the transaction and will remain controlled by both entities.

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Gamblers Anonymous meetings are filling up with people hooked on trading and betting.

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A clash between the Broccoli family, which has creative control over 007, and the e-commerce giant, which owns the franchise, has put Bond’s future on pause.

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The Fed’s signal that it will cut rates less than expected complicates efforts by other central banks to manage their economies.

Bank of England Keeps Rates Steady After Fed Move

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