Generation Z, those born between 1997 and 2004, are glorifying irresponsible financial behavior on social media platforms like TikTok. A trend known as “Girl Math” encourages young women to embrace debt and consumer credit. The popularity of “Buy Now, Pay Later” services, such as the Swedish financial service Klarna, is also being celebrated, with the […]
A group of former Citigroup executives have launched a new investment offering called Bitcoin depositary receipts, which they claim do not require approval from the US Securities and Exchange Commission (SEC). The founders of Receipts Depositary Corporation (RDC) – Bryant Kim, Ankit Mehta, and Ishaan Narain – were part of the Citi team that explored […]
Geneva-based private bank Bordier & Cie has partnered with crypto lender Sygnum to offer digital asset services in Singapore. Through this collaboration, Bordier will be able to utilize Sygnum’s institutional-grade custody, risk management, and off-balance sheet digital assets. This move demonstrates Bordier’s commitment to innovation and meeting the demand for alternative investments in digital assets.Sygnum, […]
Zurich-based asset manager Holinger has expanded its team with the addition of a new portfolio manager. Leonardo Spangaro has been hired as a senior portfolio manager at Holinger Asset Management, specializing in convertible bonds, starting in early 2024. With a total of 18 years of experience in the financial industry, Spangaro has spent over eight […]
Teylor, a European SME lending company, and Taurus, a crypto startup, have joined forces to launch a blockchain-based security that aims to make SME loans accessible as an asset class. Previously, it has been relatively difficult for investors to invest in SME loans. The Zurich-based Teylor grants and manages SME loans through its credit platform. […]
Fisch Asset Management, a Zurich-based wealth management firm, has appointed Ivan Nikolov as the second leader of its convertible bond team. Starting in early 2024, Nikolov will co-lead the team alongside Thomas Fischli Rutz. The team consists of five portfolio managers and manages a total of five strategies across the entire spectrum of convertible bonds […]
Changpeng “CZ” Zhao, the former CEO of Binance, has shown interest in the decentralized science (DeSci) sector after leaving the exchange. DeSci encompasses various areas such as decentralized autonomous organizations (DAOs), biotech, financing, publishing, data storage, and foundations. DAOs, in particular, are driving the growth of DeSci, with over 20 currently in operation.One notable DAO […]
Changpeng “CZ” Zhao, the former CEO of Binance, has shown interest in the decentralized science (DeSci) sector after leaving the exchange. DeSci encompasses various areas such as decentralized autonomous organizations (DAOs), biotech, financing, publishing, data storage, and foundations. DAOs, in particular, are driving the growth of DeSci, with over 20 currently in operation.One notable DAO […]
The powerful US investment firm KKR has opened an office in Zurich, Switzerland, according to research by finews.ch. The private market specialist is primarily interested in the wealthy clientele of private banks in the country.KKR Kohlberg Kravis Roberts, the company, had already established a distribution company in Zurich in September of last year. Now, the […]
The powerful US investment firm KKR has opened an office in Zurich, Switzerland, according to research by finews.ch. The private market specialist is primarily interested in the wealthy clientele of private banks in the country.KKR Kohlberg Kravis Roberts, the company, had already established a distribution company in Zurich in September of last year. Now, the […]
