Patria Bank announces the signing of a Confirming Bank Agreement with the European Bank for Reconstruction and Development (EBRD), as part of the Trade Facilitation Program (TFP).
CoinShares is set to acquire investment manager Bastion Asset Management to launch actively managed crypto ETFs in the US. European crypto asset manager CoinShares is set to make another strategic acquisition as the company prepares to go public in the United States. CoinShares announced Wednesday that it will acquire London-based crypto investment manager Bastion Asset Management as part of its strategy to expand crypto investment products in the US. The deal, pending approval from the UK Financial Conduct Authority, will see CoinShares fully integrate Bastion’s trading capabilities, strategies and team into its platform. The terms of the deal were not disclosed. Read more
Grand Hotel Bucharest (stock symbol: RCHI), the company that manages the famous hotel of the same name in central Bucharest (formerly known as Intercontinental hotel), logged a net profit of RON3.3 million in the first half of 2025, down 38% from RON5.3 million profit reported in the first half of 2024, per the company's financial report published at the Bucharest Stock Exchange.