GAIN Capital Holdings, Inc. (GCAP) Thursday said it signed an agreement with Deutsche Bank AG to buy dbFX, Deutsche Bank's retail foreign exchange trading business. The agreement also provides for the referral of retail forex clients from Deutsche Bank to GAIN Capital over the two-year period following the closing of the transaction.
Under the acquisition agreement GAIN Capital would make certain payments to Deutsche Bank based on contract volume generated by transferring customers.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.