European banks are facing challenges as their stocks continue to trade below their book value, according to a study by Boston Consulting Group (BCG). The analysis reveals that 73% of European banks are being traded below their book value, with some banks experiencing this situation for an extended period of time. Despite solid profits, investors […]
The long-standing tax dispute between the US and Swiss banks has finally come to an end after more than 15 years. Pictet, a private bank based in Geneva, has become the last major financial institution to admit to helping US clients hide their money from the tax authorities. According to the US Department of Justice, […]
The long-standing tax dispute between the US and Swiss banks has finally come to an end after more than 15 years. Pictet, a private bank based in Geneva, has become the last major financial institution to admit to helping US clients hide their money from the tax authorities. According to the US Department of Justice, […]
Citadel Securities, led by billionaire founder Ken Griffin, has emerged as the largest market-maker on the New York Stock Exchange. The company specializes in high-frequency trading, where transactions occur in fractions of a second, capitalizing on minimal price deviations that exist for mere milliseconds. This lightning-fast approach, coupled with access to vast amounts of data, […]
Citadel Securities, led by billionaire founder Ken Griffin, has emerged as the largest market-maker on the New York Stock Exchange. The company specializes in high-frequency trading, where transactions occur in fractions of a second, capitalizing on minimal price deviations that exist for mere milliseconds. This lightning-fast approach, coupled with access to vast amounts of data, […]
Bitwise and BlackRock, two major asset managers, have submitted updated filings to securities regulators for their spot Bitcoin exchange-traded fund (ETF) proposals. This comes as at least ten asset managers are looking to offer a spot Bitcoin ETF. The filings address concerns raised in recent discussions between the SEC and ETF applicants. Bloomberg ETF analyst […]
Bitwise and BlackRock, two major asset managers, have submitted updated filings to securities regulators for their spot Bitcoin exchange-traded fund (ETF) proposals. This comes as at least ten asset managers are looking to offer a spot Bitcoin ETF. The filings address concerns raised in recent discussions between the SEC and ETF applicants. Bloomberg ETF analyst […]
Bitcoin has reached a new milestone, breaking the $42,000 mark and surpassing both Tesla and Berkshire Hathaway in terms of market capitalization. With a market cap of $818 billion, Bitcoin has become one of the top ten assets globally. This surge in value is attributed to the optimism surrounding the upcoming halving event and the […]
Bitcoin has reached a new milestone, breaking the $42,000 mark and surpassing both Tesla and Berkshire Hathaway in terms of market capitalization. With a market cap of $818 billion, Bitcoin has become one of the top ten assets globally. This surge in value is attributed to the optimism surrounding the upcoming halving event and the […]
Bitcoin has reached a new high for the year, surpassing $39,500, which has brought joy to crypto enthusiasts and investors worldwide. In November, MicroStrategy, the largest corporate holder of Bitcoin, purchased around 16,139 BTC worth approximately $608 million at current prices. The US Securities and Exchange Commission (SEC) has opened the floor for public comments […]
