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. This is a slight […]
Sygnum, a digital-asset bank, stands out from its competitors due to its core values and approach to regulation. The founders firmly believed that cryptocurrencies and digital assets were not temporary trends but rather indicators of a larger digital revolution.Unlike many others in the industry who resisted regulation, Sygnum recognized the necessity of regulatory oversight to […]
In the world of cryptocurrency, 2023 has been marked by the emergence of several controversial figures. Karl Sebastian Greenwood, Ian Freeman, and Amir Bruno Elmaani, also known as “Bruno Block,” have made headlines as the top three most controversial crypto figures of the year.The cryptocurrency industry has also been actively involved in influencing the upcoming […]
The Canton of Basel-Stadt is embracing the benefits of digitalization in its financial procurement processes. With the support of Basler Kantonalbank, it has launched a digital bond worth 105 million Swiss francs. This bond is being issued on the SDX platform, which is based on blockchain technology, and can be purchased using digital Swiss francs […]
The cities of Basel and Zurich in Switzerland have made history by settling tokenized bonds using a wholesale central bank digital currency (CBDC) issued by the Swiss National Bank (SNB). This milestone was achieved as part of Project Helvetia Phase III, an initiative exploring the real-world use cases of a wholesale CBDC for commercial banks. […]
The number of registered crypto companies in Spain saw a significant increase in 2023, growing by approximately 56%. According to the official registry published by Spain’s central bank, 30 companies were granted a virtual asset service provider license last year.While the number of companies added to the registry in 2022 still surpasses the 2023 figure, […]
Cryptocurrency exchange Coinbase has been granted approval to operate as a Virtual Asset Service Provider (VASP) in France. This registration allows Coinbase to offer a wide range of products and services to retail, institutional, and ecosystem clients in the country. The approval comes as Coinbase continues to expand its presence in Europe and positions itself […]
LGT, a wealth management company, has successfully acquired Abrdn’s discretionary fund management business in the UK and Jersey. The deal, valued at £140m, was announced in February and has now been finalized. As a result of this acquisition, LGT Wealth Management, the UK-based wealth arm of LGT, will take on Abrdn Capital’s 4,000 clients and […]
Circle, a leading global financial technology company, has obtained registration as a Digital Asset Service Provider (DASP) in France. This move is part of Circle’s strategy to expand its presence in the European Union (EU) and strengthen its regulatory compliance.Circle has always prioritized regulatory compliance and obtaining the conditional DASP registration in France is a […]
The leadership of UBS is facing increasing scrutiny and pressure following the forced takeover of Credit Suisse. This has led to a divisive mentality of “us versus them,” as noted by Samuel Gerber. Sergio Ermotti, the CEO of UBS, has been repeatedly questioned about the success of the takeover and the fate of Credit Suisse […]
