Investment Insights 37 | MachinaTrader.com

Former Credit Suisse President Joins Warburg Pincus in Bid for Altice’s Portuguese Telecom Business

Nach seinem Rücktritt von der Credit Suisse bleibt der ehemalige Präsident António Horta-Osório in der Welt der Hochfinanz aktiv. Er hat sich mit der US-Investmentbank Warburg Pincus zusammengetan, um ein Gebot von mehr als 6 Milliarden Euro für die portugiesischen Telekommunikationsaktivitäten von Altice abzugeben. Horta-Osório war zuvor bei der britischen Bankengruppe Lloyds Banking tätig und […]

CAT Financial Products Expands with New Office in Lugano

Zurich-based financial boutique CAT Financial Products (CATFP) is expanding its presence in Switzerland with the opening of a new office in Lugano. This move marks the third location for CATFP, following Zurich and Geneva, as part of its growth strategy in structured investment solutions.The Lugano office will be led by Laura Paganetti, who joined CATFP […]

SEC Holds Meetings with Grayscale and BlackRock as Bitcoin ETF Approval Hopes Rise

The U.S. Securities and Exchange Commission (SEC) has been holding meetings with Grayscale and BlackRock regarding the approval of Bitcoin ETF applications. Grayscale’s meeting focused on a proposed rule change that would allow NYSE Arca to list and trade shares of their spot Bitcoin ETF. BlackRock’s meeting discussed a proposed rule change that would permit […]

LGT Wealth Management Appoints Siobhan Archer as Global Stewardship Lead

Siobhan Archer has been promoted to the position of global stewardship lead at LGT Wealth Management. In her new role, Archer will be responsible for overseeing the firm’s stewardship strategy, which includes activities such as voting, engagement, and policy advocacy. She will also provide strategic input on LGT’s net-zero, biodiversity, and human rights initiatives, and […]

Zuger Wealth Manager Ficas Expands Team with Former Fund Professional Specializing in Digital Investments

Swiss asset manager Ficas has expanded its team with the addition of former fund professional Harlan Carere, who is also knowledgeable about digital investments. Carere, who has three decades of experience in the finance industry, held several portfolio management positions focused on technology and growth stocks at international fund house Fidelity. He is also considered […]

Bitcoin Bull Michael Saylor Claims Spot Bitcoin ETF Approval Could Be the Biggest Wall Street Development in 30 Years

Bitcoin bull Michael Saylor believes that the approval of a spot Bitcoin exchange-traded fund (ETF) could be the most significant development on Wall Street in 30 years. Saylor compared it to the creation of the S&P index, which allowed investors to trade all 500 S&P companies at once. He explained that a spot Bitcoin ETF […]

Countries Around the World Embrace Bitcoin as Legal Tender and Investment Opportunity

El Salvador has become the first country to adopt bitcoin as legal tender, using it as a means to boost its economy. President Nayib Bukele has received regulatory approval to launch a bitcoin-backed “volcano bond” in 2024. This move has garnered attention and support from other leaders, such as Javier Milei, the libertarian president of […]

UBS Strives to Make a Mark in US Investment Banking

The UBS, a Swiss bank, aims to establish a stronger presence in the US investment banking sector, but it currently plays second fiddle to Wall Street giants. Despite its ambitions, the UBS acknowledges that it will likely remain behind the market leaders in the near future. The bank has taken steps to expand its investment […]

Bitcoin ETF Applicants Shift to Cash Redemption Model to Comply with SEC Regulations

Major applicants for a spot Bitcoin exchange-traded fund (ETF) in the United States are amending their filings to comply with the cash redemption model demanded by securities regulators. Investment manager BlackRock and Cathie Wood’s ARK Invest have updated their S-1 registration statements for a spot Bitcoin ETF with the U.S. Securities and Exchange Commission (SEC).The […]

BlackRock’s Revised Bitcoin ETF Proposal Boosts Approval Prospects

BlackRock, the world’s largest asset manager, has filed a revised proposal for a spot bitcoin exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). The update includes the introduction of cash creation and redemption mechanisms, which aligns with the SEC’s preference for safer and more accessible options for investors. This adjustment addresses regulatory […]