HSBC-Backed Quantifeed Acquires UK Fintech Startup Alpima – Bloomberg

Overnight on Wall Street is morning in Europe. Bloomberg Daybreak Europe, anchored live from London, tracks breaking news in Europe and around the world. Markets never sleep, and neither does Bloomberg News. Monitor your investments 24 hours a day, around the clock from around the globe.
In Chicago, a 10-year-old creates care packages that include everything from food to socks and toiletries for the homeless. Then there’s the young man who, looking to address the problem of sour candy that disappoints, becomes an online influencer who builds a business around his own candy line.
Brexit Discount to Help UK Real Estate Weather Market Storm
Energy-Saving Renovations Support DIY Sales: The London Rush
Turkey to Cut Rates Into Single Digits as Pause Looms
Truckers in Korea Strike in Latest Threat to Global Supply Chains
Bank of Korea’s Rhee Raises Prospect of Hike Cycle Nearing End
Walmart Says No Continued Threat to Stores After Virginia Shooting
The Robot Tractors Are Coming, Just as Soon as We Crush a Few Bugs
Deere Sees ‘Total Autonomy’ on US Corn, Soybean Farming by 2030
Paytm’s 75% Slump Is World’s Worst for Large IPOs in a Decade
Nintendo Sets Sales Record With New Pokémon Games on Switch
Ukraine Latest: Most of Kyiv Left Without Power After Attacks
Pakistan Names New Army Chief as Strife with Imran Khan Deepens
Fidelity to Join Mutual Fund-to-ETF Club With $430 Million Flip
Buffett Donates $758 Million in Berkshire Shares to Charity
777 Partners to Buy Berlin Soccer Club Stake From Lars Windhorst
Belgium Spoils Canada’s World Cup Return With 1-0 Win
The UK Needs a New Deal With the European Union
Meta Gives Regulators a New Reason to Bite
FTX Crypto Bubble Really Is the Worst of Its Kind
The Robot Tractors Are Coming, Just as Soon as We Crush a Few Bugs
Elon Musk Keeps Quoting Elon Musk About His Genius
Crypto’s Crash Is Helping a Few Couples Rekindle Their Relationships
A Powerful New Tool for Fighting Unequal Pay in the City
Singapore Gig Workers to Get More Benefits, Won’t Be Employees
Renault Signs France’s Largest Green Power-Purchase Agreement
Transcript Zero Episode 17: The Food System Needs a Rethink
A Skyscraper in Jakarta Offers Lessons for Quake-Prone Indonesia
CityLab’s 2022 Holiday Gift Guide
Recycling Our Cities, One Building at a Time
Revisiting the “Magic Money Box” After the FTX Collapse
Apollo Plans to Offer a New Fund on Blockchain With Fintech Figure
After FTX’s Collapse, Is Bitcoin Still Heading Into an Ice Age? (Podcast)

Quantifeed, a Hong Kong-based fintech firm backed by HSBC Holdings Plc’s asset management arm, has acquired UK peer Alpima in a move that boosts its global footprint and product offerings.
The newly-formed business will provide services across the full portfolio management spectrum, including construction, personalization, visualization, risk analytics order management and trading, among other solutions, according to a statement on Tuesday confirming an earlier Bloomberg News report. The transaction would create a platform used to manage more than $20 billion worth of assets, people familiar with the matter have said.


Sharing Is Caring:

Leave a Comment