Luxembourg-based tokenization company Tokeny has announced that Apex Group, a leading fund management firm, has become its main strategic investor. This investment strengthens Tokeny’s position in the financial tokenization sector. Apex Group, with over 12,000 employees and assets under management exceeding $2.75 billion, is known for its expertise in fund management and is backed by […]
Alexander Voigt, an investment banker at J.P. Morgan, has taken on an additional role in the infrastructure sector in Europe, according to sources. Voigt will now be responsible for infrastructure financing in the European market at the American bank. This move was revealed in an internal memo obtained by the sources.Currently, Voigt is already in […]
The Solana Mobile team has announced that its crypto phone Saga is officially sold out in the US, with only a few of these suddenly indemand devices left for the European market. The Android phone was launched in May.On December 13, the price of BONK, a meme coin on Solana, skyrocketed to a new all-time […]
Christian Dubler, Managing Director of Julius Bär in Frankfurt, has been in the spotlight recently due to his personal investment in Signa Sports United (SSU). According to a 2021 SEC listing, Dubler holds 100,000 shares of SSU, a company that faced financial difficulties in October. The involvement of a high-ranking Julius Bär banker in the […]
Elon Musk has privately assured bankers who lent him $13 billion to finance the acquisition of the social media platform X that they will not lose any money in the deal. These verbal assurances were made to reassure the lenders after the platform’s value, formerly known as Twitter, has since plummeted, according to informed sources […]
The year 2023 proved to be a challenging one for the banking industry, with several major banks facing downfall and collapsing in the US. However, amidst this turbulent environment, many bank managers successfully navigated through the storm.A notable story of the year was the divergent paths taken by Credit Suisse and UBS, two banks operating […]
Nasdaq, the largest stock exchange in the US, has decided to repurpose its blockchain technology developments after discontinuing its plans to launch a custodian business for digital assets due to regulatory concerns. Despite this setback, Nasdaq remains focused on expanding its technology services related to tokenized assets.The new strategy for Nasdaq involves using its blockchain […]
LGT has successfully completed the acquisition of Abrdn’s discretionary fund management business in the UK and Jersey. This £140m deal, which was initially announced in February, has allowed LGT Wealth Management, the UK-based wealth arm of LGT, to take on Abrdn Capital’s 4,000 clients and 140 employees. As a result, LGT WM’s total assets have […]
The finance empire of Liechtenstein’s Prince Hans-Adam II, which has been in existence for almost 1,000 years, is thriving. LGT Group, the royal family’s private banking and asset-management firm, reported record assets under management of almost 306 billion Swiss francs ($334 billion) as of June 30, 2022. The firm has been expanding rapidly, recently acquiring […]
The Financial Regulators Reiterate Their Call for Legislation to Combat Cryptographic RisksThe Financial Stability Oversight Council met on Thursday and released a report detailing all of its concerns from the past year.This News Article was automatically generated by Bob the Bot (AI) Information Details Geography Europe Countries Sentiment neutral Relevance Score 1 People None Companies […]
