The Basler Insurance Group, Baloise, is facing a potential change in its voting rights restriction. The Swiss asset manager, zCapital, intends to abolish the existing voting and registration restriction of 2 percent at Baloise’s next general meeting on April 26, according to a recent announcement from the fund company, which specializes in governance and stewardship […]
Switzerland’s financial markets regulation is under scrutiny due to its dysfunctional regulatory framework. Unlike the United States, which has a functional regulatory framework with proper checks, balances, and effective recourse in cases of regulator misconduct, Switzerland lacks proper oversight and recourse when the regulator behaves badly.The Securities and Exchange Commission (SEC) in the U.S. admitted […]
LGT Private Banking has expanded its operations in Germany by opening an office in Frankfurt. This move increases LGT’s presence in the country, where it already has offices in Hamburg, Dusseldorf, and Cologne. The bank now serves high-net-worth (HNW) individuals, families, and entrepreneurs in four different regions of Germany.The Frankfurt office will be staffed by […]
In an effort to provide a platform for women to share their personal experiences, e-fundresearch.com has launched a new series of articles in 2023 titled ‘Role Models’. Five role models were asked to share their advice for women aspiring to build a career in asset management. Here are their responses:Katja Müller, Chief Customer Officer at […]
Blockchain and tokenization are revolutionizing money funds, offering instant payments and revenue automation for investors. Archax, a digital asset firm regulated by the UK FCA, is leading this adoption by enabling tokenized investments in abrdn money market funds, marking a groundbreaking milestone.Money market funds are a low-risk type of investment that offers investors a return […]
The Liechtenstein private bank, LGT, continues to expand its presence in the German market with the opening of a new location in Frankfurt am Main, according to a recent media release. This marks the fourth German location for the internationally active private bank, following the opening of branches in Hamburg in the fall of 2022, […]
Crypto payment gateway CoinsPaid has fallen victim to its second security breach in the past six months, with unauthorized transactions amounting to nearly $7.5 million. The breach was detected by Web3 security firm Cyvers, whose artificial intelligence system identified multiple irregular transactions on January 6. These transactions allowed the withdrawal of $6.1 million worth of […]
In response to new regulations imposed by the UK government, several crypto exchanges are taking necessary steps to comply. The regulations, part of the Financial Services and Markets Act, now include firms dealing with crypto and stablecoins, holding them to the same regulatory standards as traditional financial services.For Coinbase’s UK users, compliance means disclosing their […]
Fintech firms Sygnum and Float have joined forces with credit fund Fasanara Capital to offer tokenised access to private debt markets. Float, a capital-as-a-service company based in Stockholm, has introduced the Float Token in collaboration with Sygnum bank on the Polygon blockchain. This move allows Sygnum’s clients to invest alongside Fasanara Capital, a UK-based fintech-focused […]
Crypto exchange Coinbase has announced plans to launch crypto-linked derivatives in the European Union (EU). The US-based exchange is set to acquire a holding company with a MiFID II license, which will enable it to offer regulated derivatives in the EU. This move is part of Coinbase’s global expansion strategy, with the exchange currently only […]
