Zurich-based investment house Vontobel has received a negative outlook downgrade from Moody’s, one of the major American rating agencies. The agency attributes this downgrade to a lack of traction and performance in Vontobel’s asset management business. Over the past few months, the company’s fund business, which serves as its primary revenue source, has been experiencing […]
In recent developments surrounding BlackRock’s Bitcoin ETF, there has been a notable shift in the regulatory landscape. Previously, SEC Commissioner Hester Pierce’s remarks had sparked hope for a near-term approval of the ETF, indicating a potentially favorable regulatory stance. However, concerns have arisen regarding the SEC’s involvement and the possibility of a ‘kill switch’ mechanism […]
In recent developments surrounding BlackRock’s Bitcoin ETF, there has been a notable shift in the regulatory landscape. Previously, SEC Commissioner Hester Pierce’s remarks had sparked hope for a near-term approval of the ETF, indicating a potentially favorable regulatory stance. However, concerns have arisen regarding the SEC’s involvement and the possibility of a ‘kill switch’ mechanism […]
Yat Siu, co-founder of Animoca Brands, is optimistic about the potential success of investments and partnerships in 2024, as institutional interest in Bitcoin continues to grow. Speaking at the Next Block Expo event in Berlin, Siu highlighted the 70 investments made in 2023 that are expected to yield results next year.One of the key partnerships […]
Yat Siu, co-founder of Animoca Brands, is optimistic about the potential success of investments and partnerships in 2024, as institutional interest in Bitcoin continues to grow. Speaking at the Next Block Expo event in Berlin, Siu highlighted the 70 investments made in 2023 that are expected to yield results next year.One of the key partnerships […]
The Securities and Exchange Commission (SEC) has extended the comment period on a proposed rule change that would allow NYSE Arca to list and trade shares of the Grayscale Ethereum Trust as an exchange-traded fund (ETF). The extension gives the SEC more time to consider the implications of the rule change, with a decision now […]
The Securities and Exchange Commission (SEC) has extended the comment period on a proposed rule change that would allow NYSE Arca to list and trade shares of the Grayscale Ethereum Trust as an exchange-traded fund (ETF). The extension gives the SEC more time to consider the implications of the rule change, with a decision now […]
Julius Bär, the largest private bank in Switzerland, is facing a crisis as its stock value continues to decline. In the past two weeks, the bank has experienced a historic loss of over 2 billion Swiss francs, dropping from 11 billion to 9 billion. The bank’s board of directors is under pressure to take decisive […]
Julius Bär, the largest private bank in Switzerland, is facing a crisis as its stock value continues to decline. In the past two weeks, the bank has experienced a historic loss of over 2 billion Swiss francs, dropping from 11 billion to 9 billion. The bank’s board of directors is under pressure to take decisive […]
Cinerius Financial Partners, a Zug-based company, has made a significant move in its development by acquiring SSI Wealth Management, an independent asset manager located in Bäch SZ. This acquisition brings the total number of partner companies under Cinerius’ umbrella to eight. SSI Wealth Management, founded in 2010, employs around 20 people and manages CHF 2 […]
