Financial results
SBI’s crypto segment supplied 2.2% of revenue and a loss; PE supplied 47% of pretax
The conglomerate’s first-half growth came from financial services and investment economics, not current crypto profitability.
Private equity
The companies, products and regulatory developments shaping the broker industry.
3 resultsReset view
Regulation & enforcement
FCA review finds weak independent challenge in private-market fund transfers
The regulator cites overlapping decision-makers, poor evidence of pricing fairness and reliance on disclosure. Its detailed review also examines information barriers, hospitality and preferential investor terms.
Deals & ownership
IntraFi sale report puts brokerage cash economics in focus
Cash sweeps connect investment accounts with bank funding. Their commercial value depends on the balance between the customer’s return, the distributor’s economics and the reliability of deposit placement.