IG Group Launches High-Yield 8.5% Interest Offer to Attract New UK Deposits
IG Group (LON: IGG) is rolling out an aggressive new strategy to attract deposits, offering UK customers an interest rate of up to 8.5% AER (variable) on cash holdings—double the Bank of England’s current base rate of 4.25%. A Strategic Move Amid Falling Rates The London-based brokerage introduced this promotion just one day after the […]
Turkish Authorities Crack Down on 60 Firms in Prop Trading and Crypto Sectors
In a significant regulatory action, Turkish authorities have blocked nearly 60 companies operating in the proprietary trading and cryptocurrency sectors. This move is part of a broader effort to enhance oversight of financial activities and mitigate risks associated with unregulated trading platforms. The crackdown comes amid Turkey’s ongoing push to tighten its financial regulations, particularly […]
