FlowBank is an online banking and trading firm, located in Geneva, Switzerland. The company was founded by former London Capital Group (LCG) controlling shareholder and CEO Charles-Henri Sabet in 2020, backed by a number of his former LCG colleagues and several former executives from Swissquote.
Licensed as a Swiss Bank, FlowBank offers both online banking services as well as trading in a variety of domestic and international stocks, ETFs, forex pairs, CFDs, bonds, options, futures, as well as cryptocurrencies.
FlowBank selected the Temenos Transact SaaS online banking and trading platform as the technology basis for its Swiss digital bank. Temenos Transact will allow Flowbank’s customers to trade from a single multi-currency bank account and access more than 50 financial markets.
Coinshares, featured, FlowBank
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CoinShares has revealed a FlowBank investment impairment charge of £21.8 million.
Coinshares, featured, FlowBank, FlowBank bankruptcy
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CoinShares’s exposure to FlowBank SA as a customer is seen as immaterial, with deposits totalling approximately £100,000.
Charles-Henri Sabet, featured, FlowBank, FlowBank bankruptcy, forex broker bankruptcy, LCG, London Capital Group, Swiss bank
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Swiss regulator FINMA: FlowBank no longer has the minimum capital required for its operations, fears that the bank is over-indebted.
featured, FINMA, FlowBank
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The Swiss Financial Market Supervisory Authority (FINMA) is opening bankruptcy proceedings against FlowBank SA.
featured, FlowBank, forex sports sponsorship, Swiss forex broker, Swiss Tennis
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FlowBank has made a number of sponsorships around the sport of tennis, most notably as a sleeve sponsor of Alexander Zverev.
Alexander Zverev, featured, FlowBank, forex sports sponsorship
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Alexander Zverev will prominently wear the FlowBank patch on his on-court attire and he will work with FlowBank on various projects.
Charles-Henri Sabet, featured, FlowBank, forex sports sponsorship, neobroker, Swiss Ice Hockey Federation
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The partnership will involve visual displays both on and off the ice as well as various content-based productions.
Dave Worsfold, featured, FlowBank, IG Group, introducing broker, LCG, LON:IGG, London Capital Group
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Starting July 1, LCG will effectively become an introducing broker to (former) rival IG Group (LON:IGG).
Charles-Henri Sabet, featured, FlowBank, LCG, London Capital Group
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At the end of 2022 LCG brought in a new management team to run the company, led by new CEO Dave Worsfold.
Charles-Henri Sabet, featured, FlowBank, neobroker
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Adrien Cohen has joined FlowBank management as COO. Caroline Puder-Lévy has been appointed CMO.
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