Latest news with #DavidBarrett
Yahoo
11 hours ago
- Business
- Yahoo
EBC Financial Group Celebrates Multiple Award Wins in 2025
EBC recognised by both World Finance and Online Money Awards for leadership in CFD trading, platform performance, and trusted, trader-first solutions LONDON, July 02, 2025 (GLOBE NEWSWIRE) -- EBC Financial Group (EBC) has been recognised by two leading industry award bodies in 2025, reinforcing its position as a trusted broker via the Best CFD Provider award by Online Money Awards and Most Trusted Broker and Best Trading Platform titles at the World Finance Forex Awards 2025. EBC's wins at the World Finance Forex Awards mark the third consecutive year the Group has received honours from the awarding body—an indication of its sustained performance in both technology execution and client trust metrics. The 2025 dual awards build on EBC's previous recognitions in 2023 and 2024, highlighting its consistent delivery of robust trading solutions across global markets. The acknowledgments span both product delivery and trust metrics, reflecting EBC's operational focus on execution quality, platform innovation, and client protection within regulated trading environments. 'These awards affirm the Group's emphasis on building efficient, transparent, and regulated trading infrastructure,' said David Barrett, CEO of EBC Financial Group (UK) Ltd. 'Whether it's through our ETF CFD suite expansion, platform enhancements, or client-first service model, we remain focused on building tools and experiences that help traders act with clarity, confidence, and control.' Driving Growth with Thematic and Tactical CFD SolutionsEBC's recent launch of over 100 U.S.-listed ETF CFDs has expanded its multi-asset product suite and positioned the Group at the forefront of thematic trading innovation. These instruments give clients real-time, leveraged access to ETFs across a broad spectrum of global narratives—including clean energy, U.S. tech, dividend-yielding assets, fixed income, and emerging markets. The offering features ETFs from leading issuers such as Vanguard, iShares (BlackRock), and State Street Global Advisors, with key advantages including zero fund management fees, leverage options and short-selling capabilities as well as real-time execution and low-cost access to NYSE and NASDAQ-listed assets. This expansion aligns with EBC's strategic focus on delivering smarter exposure tools—enabling traders to respond quickly to macro shifts, hedge market views, or construct diversified portfolios with precision. Platform Innovation and Client Experience at the CoreBeyond product growth, EBC continues to enhance its platforms with features such as smart liquidity routing, expanded multilingual support, and ultra-low latency execution. Proprietary tools like the Trading Black Box and Private Room help optimise price aggregation, protect trade integrity, and elevate the trading experience across retail and institutional segments. These upgrades contributed to EBC's recognition as Best Trading Platform at the 2025 World Finance Forex Awards, while the Most Trusted Broker title acknowledged the Group's long-term dedication to governance, client protection, and relationship-building in regulated markets. This article reflects the observations of EBC Financial Group and all its global entities. It is not financial or investment advice. Trading in commodities and foreign exchange (FX) involves a significant risk of loss, potentially exceeding your initial investment. Consult a qualified financial advisor before making any trading or investment decisions, as EBC Financial Group and its entities are not liable for any damages arising from reliance on this information. For more information about EBC Financial Group and its award-winning services, visit About EBC Financial Group Founded in London, EBC Financial Group (EBC) is a global brand known for its expertise in financial brokerage and asset management. Through its regulated entities operating across major financial jurisdictions—including the UK, Australia, the Cayman Islands, Mauritius, and others—EBC enables retail, professional, and institutional investors to access global markets and trading opportunities, including currencies, commodities, CFDs and more. Trusted by investors in over 100 countries and honoured with global awards including multiple year recognition from World Finance, EBC is widely regarded as one of the world's best brokers with titles including Best Trading Platform and Most Trusted Broker. With its strong regulatory standing and commitment to transparency, EBC has also been consistently ranked among the top brokers—trusted for its ability to deliver secure, innovative, and client-first trading solutions across competitive international markets. EBC's subsidiaries are licensed and regulated within their respective jurisdictions. EBC Financial Group (UK) Limited is regulated by the UK's Financial Conduct Authority (FCA); EBC Financial Group (Cayman) Limited is regulated by the Cayman Islands Monetary Authority (CIMA); EBC Financial Group (Australia) Pty Ltd, and EBC Asset Management Pty Ltd are regulated by Australia's Securities and Investments Commission (ASIC); EBC Financial (MU) Ltd is authorised and regulated by the Financial Services Commission Mauritius (FSC). At the core of EBC are a team of industry veterans with over 40 years of experience in major financial institutions. Having navigated key economic cycles from the Plaza Accord and 2015 Swiss franc crisis to the market upheavals of the COVID-19 pandemic. We foster a culture where integrity, respect, and client asset security are paramount, ensuring that every investor relationship is handled with the utmost seriousness it deserves. EBC is a proud official foreign exchange partner of FC Barcelona and continues to drive impactful partnerships to empower communities – namely through the UN Foundation's United to Beat Malaria initiative, Oxford University's Department of Economics, and a diverse range of partners to champion initiatives in global health, economics, education, and sustainability. Media Contact: Savitha RavindranGlobal Public Relations Michelle Siow Brand & Communications Director
Yahoo
11 hours ago
- Business
- Yahoo
EBC Financial Group Celebrates Multiple Award Wins in 2025
EBC recognised by both World Finance and Online Money Awards for leadership in CFD trading, platform performance, and trusted, trader-first solutions LONDON, July 02, 2025 (GLOBE NEWSWIRE) -- EBC Financial Group (EBC) has been recognised by two leading industry award bodies in 2025, reinforcing its position as a trusted broker via the Best CFD Provider award by Online Money Awards and Most Trusted Broker and Best Trading Platform titles at the World Finance Forex Awards 2025. EBC's wins at the World Finance Forex Awards mark the third consecutive year the Group has received honours from the awarding body—an indication of its sustained performance in both technology execution and client trust metrics. The 2025 dual awards build on EBC's previous recognitions in 2023 and 2024, highlighting its consistent delivery of robust trading solutions across global markets. The acknowledgments span both product delivery and trust metrics, reflecting EBC's operational focus on execution quality, platform innovation, and client protection within regulated trading environments. 'These awards affirm the Group's emphasis on building efficient, transparent, and regulated trading infrastructure,' said David Barrett, CEO of EBC Financial Group (UK) Ltd. 'Whether it's through our ETF CFD suite expansion, platform enhancements, or client-first service model, we remain focused on building tools and experiences that help traders act with clarity, confidence, and control.' Driving Growth with Thematic and Tactical CFD SolutionsEBC's recent launch of over 100 U.S.-listed ETF CFDs has expanded its multi-asset product suite and positioned the Group at the forefront of thematic trading innovation. These instruments give clients real-time, leveraged access to ETFs across a broad spectrum of global narratives—including clean energy, U.S. tech, dividend-yielding assets, fixed income, and emerging markets. The offering features ETFs from leading issuers such as Vanguard, iShares (BlackRock), and State Street Global Advisors, with key advantages including zero fund management fees, leverage options and short-selling capabilities as well as real-time execution and low-cost access to NYSE and NASDAQ-listed assets. This expansion aligns with EBC's strategic focus on delivering smarter exposure tools—enabling traders to respond quickly to macro shifts, hedge market views, or construct diversified portfolios with precision. Platform Innovation and Client Experience at the CoreBeyond product growth, EBC continues to enhance its platforms with features such as smart liquidity routing, expanded multilingual support, and ultra-low latency execution. Proprietary tools like the Trading Black Box and Private Room help optimise price aggregation, protect trade integrity, and elevate the trading experience across retail and institutional segments. These upgrades contributed to EBC's recognition as Best Trading Platform at the 2025 World Finance Forex Awards, while the Most Trusted Broker title acknowledged the Group's long-term dedication to governance, client protection, and relationship-building in regulated markets. This article reflects the observations of EBC Financial Group and all its global entities. It is not financial or investment advice. Trading in commodities and foreign exchange (FX) involves a significant risk of loss, potentially exceeding your initial investment. Consult a qualified financial advisor before making any trading or investment decisions, as EBC Financial Group and its entities are not liable for any damages arising from reliance on this information. For more information about EBC Financial Group and its award-winning services, visit About EBC Financial Group Founded in London, EBC Financial Group (EBC) is a global brand known for its expertise in financial brokerage and asset management. Through its regulated entities operating across major financial jurisdictions—including the UK, Australia, the Cayman Islands, Mauritius, and others—EBC enables retail, professional, and institutional investors to access global markets and trading opportunities, including currencies, commodities, CFDs and more. Trusted by investors in over 100 countries and honoured with global awards including multiple year recognition from World Finance, EBC is widely regarded as one of the world's best brokers with titles including Best Trading Platform and Most Trusted Broker. With its strong regulatory standing and commitment to transparency, EBC has also been consistently ranked among the top brokers—trusted for its ability to deliver secure, innovative, and client-first trading solutions across competitive international markets. EBC's subsidiaries are licensed and regulated within their respective jurisdictions. EBC Financial Group (UK) Limited is regulated by the UK's Financial Conduct Authority (FCA); EBC Financial Group (Cayman) Limited is regulated by the Cayman Islands Monetary Authority (CIMA); EBC Financial Group (Australia) Pty Ltd, and EBC Asset Management Pty Ltd are regulated by Australia's Securities and Investments Commission (ASIC); EBC Financial (MU) Ltd is authorised and regulated by the Financial Services Commission Mauritius (FSC). At the core of EBC are a team of industry veterans with over 40 years of experience in major financial institutions. Having navigated key economic cycles from the Plaza Accord and 2015 Swiss franc crisis to the market upheavals of the COVID-19 pandemic. We foster a culture where integrity, respect, and client asset security are paramount, ensuring that every investor relationship is handled with the utmost seriousness it deserves. EBC is a proud official foreign exchange partner of FC Barcelona and continues to drive impactful partnerships to empower communities – namely through the UN Foundation's United to Beat Malaria initiative, Oxford University's Department of Economics, and a diverse range of partners to champion initiatives in global health, economics, education, and sustainability. Media Contact: Savitha RavindranGlobal Public Relations Michelle Siow Brand & Communications Director in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Upturn
7 days ago
- Business
- Business Upturn
Expensify Expands Global Support for Company Cards, Languages, Billing, and Reimbursements
By Business Wire India Published on June 26, 2025, 12:11 IST Portland, Ore., United States: Expensify, Inc. (Nasdaq: EXFY), the financial management superapp for expenses, travel, and corporate cards, today announced a sweeping expansion of international support across its platform. The launch includes support for corporate card import from 10,000+ more banks worldwide, multilingual capabilities, Euro-based billing, international reimbursements in New Expensify, and beta access to the Expensify Card across the UK, EU, and soon Canada. These updates mark a milestone in Expensify's global strategy, enabling businesses across the world to manage expenses and cards faster and more seamlessly than ever before—all within a single platform. 'Now, companies everywhere can handle expenses, cards, reimbursements, and more — entirely within Expensify,' said David Barrett, founder and CEO of Expensify. Highlights of today's international expansion: Expanded company card support with 10,000+ new banks around the world integrated for seamless import and reconciliation with 10,000+ new banks around the world integrated for seamless import and reconciliation Language localization beyond English and Spanish in New Expensify, with support for 10 more languages including French, German, Italian, and Japanese beyond English and Spanish in New Expensify, with support for 10 more languages including French, German, Italian, and Japanese Euro-based billing , so members can pay for their Expensify subscriptions in Euros (in addition to USD, GBP, AUD, and NZD) , so members can pay for their Expensify subscriptions in Euros (in addition to USD, GBP, AUD, and NZD) Global reimbursement support to withdraw from business bank accounts in USD, CAD, GBP, EUR & AUD, and deposit into bank accounts in (almost) any country — right in New Expensify support to withdraw from business bank accounts in USD, CAD, GBP, EUR & AUD, and deposit into bank accounts in (almost) any country — right in New Expensify Expensify Card beta now live in the UK and EU, with Canadian support on the way 'This is a big day. It's no exaggeration to say everything we've done for years has been in preparation for this — bringing you the fastest way to do your expenses, anywhere in the world.' Barrett added. Members can opt into relevant betas by contacting their account manager or reaching out to [email protected] . About Expensify Expensify helps 15 million people worldwide track expenses, book travel, reimburse employees, manage corporate cards, send invoices, and pay bills — all in one place. Whether you're self-employed, running a small business, managing a team, or overseeing global finances, let Expensify handle your travel and expense, at the speed of chat. Forward-Looking Statements Certain statements made in this press release constitute forward-looking statements within the meaning of the 'safe harbor' provisions of the Private Securities Litigation Reform Act of 1995. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including, without limitation, statements regarding the launch, success and expected benefits of Expensify's global expansion efforts. These forward-looking statements are based on management's current expectations. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause Expensify's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including the risks discussed in Expensify's filings with the SEC, including Expensify's Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. Expensify undertakes no obligation to update publicly any forward-looking statements, whether as a result of future events, new information or otherwise, except as required by law. View source version on Disclaimer: The above press release comes to you under an arrangement with Business Wire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash Business Wire India, established in 2002, India's premier media distribution company ensures guaranteed media coverage through its network of 30+ cities and top news agencies.
National Post
25-06-2025
- Business
- National Post
Expensify Expands Global Support for Company Cards, Languages, Billing, and Reimbursements
Article content The financial superapp now supports corporate cards from thousands more banks worldwide, alongside a handful of other major international upgrades Article content PORTLAND, Ore. — Expensify, Inc. (Nasdaq: EXFY), the financial management superapp for expenses, travel, and corporate cards, today announced a sweeping expansion of international support across its platform. The launch includes support for corporate card import from 10,000+ more banks worldwide, multilingual capabilities, Euro-based billing, international reimbursements in New Expensify, and beta access to the Expensify Card across the UK, EU, and soon Canada. Article content These updates mark a milestone in Expensify's global strategy, enabling businesses across the world to manage expenses and cards faster and more seamlessly than ever before—all within a single platform. Article content 'Now, companies everywhere can handle expenses, cards, reimbursements, and more — entirely within Expensify,' said David Barrett, founder and CEO of Expensify. Article content Highlights of today's international expansion: Article content 'This is a big day. It's no exaggeration to say everything we've done for years has been in preparation for this — bringing you the fastest way to do your expenses, anywhere in the world.' Barrett added. Article content Members can opt into relevant betas by contacting their account manager or reaching out to concierge@ Article content About Expensify Article content Expensify helps 15 million people worldwide track expenses, book travel, reimburse employees, manage corporate cards, send invoices, and pay bills — all in one place. Whether you're self-employed, running a small business, managing a team, or overseeing global finances, let Expensify handle your travel and expense, at the speed of chat. Article content Forward-Looking Statements Article content Certain statements made in this press release constitute forward-looking statements within the meaning of the 'safe harbor' provisions of the Private Securities Litigation Reform Act of 1995. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including, without limitation, statements regarding the launch, success and expected benefits of Expensify's global expansion efforts. These forward-looking statements are based on management's current expectations. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause Expensify's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including the risks discussed in Expensify's filings with the SEC, including Expensify's Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. Expensify undertakes no obligation to update publicly any forward-looking statements, whether as a result of future events, new information or otherwise, except as required by law. Article content Article content Article content
Business Wire
13-06-2025
- Business
- Business Wire
As Markets Teeter, EBC's David Barrett Calls for Caution, Lower Leverage, and Strategic Gold Allocation
LONDON--(BUSINESS WIRE)--In a climate defined by rising macroeconomic uncertainty and widening asset class divergence, David Barrett, CEO of EBC Financial Group (UK) Ltd, is urging global investors to reduce leverage, diversify prudently, and prepare for uncertainties. His remarks, shared in a feature interview aired on China Central Television (CCTV), delivered a framework for a stable approach to investing in turbulent times. The interview, which featured Barrett alongside representatives from Goldman Sachs, Citigroup, and JPMorgan, explored the factors reshaping global asset allocation and the evolving role of gold as a strategic hedge. From Peak to Pullback: The Gold Recalibration In early 2025, gold surged over 25% year-to-date, briefly surpassing $3,500 per ounce—far outperforming equities and commodities. While U.S. stocks posted moderate gains and oil markets slumped, gold's momentum highlighted persistent risk aversion in investor sentiment. However, according to CCTV's coverage, gold pulled back more than 5% in May, following signs of easing trade tensions and a drop in the U.S. Consumer Price Index (CPI) to 2.3% in April—a shift that tempered inflation expectations and briefly weakened gold's appeal as an inflation hedge. 'People should be conservative with their leverage and their exposure,' said Barrett. 'Keep your powder dry so you can react to these ever-changing news cycles. It gives you the opportunity to exploit moves when they come along.' Sovereign Risks and the Long View Barrett also drew attention to deepening structural concerns—particularly in sovereign debt markets. Moody's downgrade of the U.S. sovereign credit rating from Aaa to Aa1 on 17 May 2025 stripped the U.S. of its final top-tier rating. Paired with weak demand at 20-year U.S. and Japanese bond auctions, this has pushed long-term yields to multi-year highs and stirred investor anxiety. 'This isn't about risk aversion—it's about intelligent positioning,' Barrett added. 'Gold is not just a safe haven—it's a barometer for uncertainty.' Central Banks Rewriting the Playbook Goldman Sachs now forecasts gold to reach $3,700 by year-end, with JPMorgan projecting $4,000 per ounce by Q2 2026. However, Citigroup has warned that weakening retail demand could weigh on prices beyond 2026. Barrett emphasised that while institutional conviction is strong, investors must balance opportunity with caution—particularly in the face of diverging monetary cycles and fragile geopolitical backdrops. As gold transitions from a 'one-way bull market' to a more volatile repositioning phase, Barrett reaffirmed EBC Financial Group's role in guiding investors through complexity. 'We remain committed to helping our clients build resilient, forward-looking portfolios. That means understanding when to act, and when to step back,' he said. About EBC Financial Group Founded in London's esteemed financial district, EBC Financial Group (EBC) is a global brand known for its expertise in financial brokerage and asset management. Through its regulated entities operating across major financial jurisdictions—including the UK, Australia, the Cayman Islands, Mauritius, and others—EBC enables retail, professional, and institutional investors to access a wide range of global markets and trading opportunities, including currencies, commodities, shares, and indices. Recognised with multiple awards, EBC is committed to upholding ethical standards and is licensed and regulated within the respective jurisdictions. EBC Financial Group (UK) Limited is regulated by the UK's Financial Conduct Authority (FCA); EBC Financial Group (Cayman) Limited is regulated by the Cayman Islands Monetary Authority (CIMA); EBC Financial Group (Australia) Pty Ltd, and EBC Asset Management Pty Ltd are regulated by Australia's Securities and Investments Commission (ASIC); EBC Financial (MU) Ltd is authorised and regulated by the Financial Services Commission Mauritius (FSC). At the core of EBC are a team of industry veterans with over 40 years of experience in major financial institutions. Having navigated key economic cycles from the Plaza Accord and 2015 Swiss franc crisis to the market upheavals of the COVID-19 pandemic. We foster a culture where integrity, respect, and client asset security are paramount, ensuring that every investor relationship is handled with the utmost seriousness it deserves. As the Official Foreign Exchange Partner of FC Barcelona, EBC provides specialised services across Asia, LATAM, the Middle East, Africa, and Oceania. Through its partnership with United to Beat Malaria, the company contributes to global health initiatives. EBC also supports the 'What Economists Really Do' public engagement series by Oxford University's Department of Economics, helping to demystify economics and its application to major societal challenges, fostering greater public understanding and dialogue.
