FinanceMagnates
Costas Cleanthous, co-founder and majority owner of contracts for differences (CFDs) broker XM, is acquiring about a 55 per cent stake in Cyprus’ Ancoria Bank, local media InBusinessNews and Economy Today reported. The acquisition, however, will be made in a personal capacity, without XM’s involvement.CFDs Owner Buys BankAccording to local reports…
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XM Owner Is Buying Controlling Stake in a Cyprus Bank
Arnab Shome
12:21
Costas Cleanthous, co-founder and majority owner of contracts for differences (CFDs) broker XM, is acquiring about a 55 per cent stake in Cyprus’ Ancoria Bank, local media InBusinessNews and Economy Today reported. The acquisition, however, will be made in a personal capacity, without XM’s involvement.CFDs Owner Buys BankAccording to local reports…
