XM Owner Is Buying Controlling Stake in a Cyprus Bank
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 Bank According to local reports, Cleanthous and…