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 […]
Goldman Sachs has expressed optimism about Ripple’s XRP, calling it the “opportunity of a lifetime.” Former Goldman Sachs executive Raoul Pal and attorney John Deaton believe that XRP has real-world utility and market resilience, making it a valuable investment. Despite the SEC’s lawsuit against Ripple, Pal and Deaton see the potential for XRP to capture […]
The Securities and Exchange Commission (SEC) chief, Gary Gensler, may change his stance on approving Spot Bitcoin ETFs. In a recent interview with CNBC, Gensler mentioned that the courts of Washington DC have provided their input on the matter, following multiple rejections of similar applications in the past.The SEC currently has several filings on its […]
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 […]
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 […]
The U.S. Securities and Exchange Commission (SEC) is reconsidering its approach to spot Bitcoin exchange-traded products following a recent court decision involving Grayscale. SEC Chair Gary Gensler revealed in an interview that the agency has several spot Bitcoin ETF applications currently under review. Previously, the SEC had denied a number of these applications, but recent […]
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 […]
Valkyrie Investments has filed an amended Form S-1 with the Securities and Exchange Commission (SEC) for its Valkyrie Bitcoin Fund. The filing includes enhanced custody and valuation rules, as well as updates to the fund’s index and basket size. The fund will now value its Bitcoin holdings using the CME CF Bitcoin Reference Rate – […]
Valkyrie Investments has filed an amended Form S-1 with the Securities and Exchange Commission (SEC) for its Valkyrie Bitcoin Fund. The filing includes enhanced custody and valuation rules for the cryptocurrency investment vehicle, as it awaits regulatory approval to trade on Nasdaq.The amended filing updates the index used to value the fund’s Bitcoin from Lukka […]
