The United States Securities and Exchange Commission (SEC) has set a deadline for spot Bitcoin exchange-traded fund (ETF) applicants to file final S-1 amendments by December 29. The SEC officials recently met with representatives from several firms, including BlackRock, Grayscale Investments, ARK Investments, and 21 Shares, who are hoping to launch spot Bitcoin ETFs in […]
The Securities and Exchange Commission (SEC) has set a strict year-end deadline for final changes to spot Bitcoin exchange-traded funds (ETFs). The SEC officials have confirmed that the first wave of approvals for these ETFs will come in January 2024.In a recent meeting with the issuers, the SEC made it clear that any firm missing […]
UBS, the Swiss banking giant, is aiming to establish itself as a major player in the American investment banking market, but it acknowledges that it will always play second fiddle to the Wall Street giants. Despite its ambitions to break new ground in investment banking, UBS remains primarily focused on asset management, with CEO Sergio […]
UBS is set to cut around two-thirds of Credit Suisse’s investment banking jobs, with the latest casualties being in Spain. According to Bloomberg, UBS plans to eliminate all 147 jobs at Credit Suisse’s investment banking operations in Spain. The cuts will affect investment bankers as well as back- and middle-office staff in Wealth Management.However, UBS […]
Robey Warshaw, a boutique investment banking firm known for its expertise in advising FTSE 100 companies on major deals, has increased the pay for its top dealmakers. According to recently filed accounts on Companies House, the firm paid its four key partners a total of £28 million in the year ending March 2023, up from […]
Robey Warshaw, the investment banking boutique known for its expertise in advising FTSE 100 firms on major deals, has increased the pay for its top dealmakers. According to recently filed accounts on Companies House, the boutique paid its four key partners a total of £28m in the year ending March 2023, up from £26.5m in […]
UBS, the Swiss bank, has announced the formation of a new team called the executive client group. This team, consisting of nine top dealmakers, will be led by Ros L’Esperance, the former global co-head of investment banking at UBS. The purpose of this team is to focus on providing strategic engagement to UBS’s most important […]
UBS has formed a new unit called the Executive Client Group, which consists of nine top bankers from the merged bank. Led by Ros L’Esperance, the team will manage key corporate clients globally and directly negotiate with company heads. This elite unit will report to Rob Karofsky, the head of UBS investment banking, who is […]
UBS executives are seizing an opportunity to revive their U.S. investment-banking business, which has fallen behind its competitors. The takeover of local rival Credit Suisse and the challenges faced by other global peers have created a favorable environment for UBS to rebuild its lagging business. To capitalize on this, UBS has embarked on a hiring […]
The Horizon project, created by Brazilian duo Raffaela Loffredo and Barba, has been recognized as one of the winners of the Chainlink Constellation Hackathon’s ‘High Quality’ award. This innovative project operates as a consortium platform on the blockchain, allowing users to deposit values into a pool and participate in monthly adjudication rounds. The selection of […]
