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Tag: swiss bank

UBS Gives Clients Access to Crypto ETFs in Hong Kong: Report

Blockchain
The Swiss bank will allow wealthy clients to gain exposure to a trio of crypto-linked funds. UBS is now...

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UBS to pay $1.4 billion over fraud in residential mortgage-backed securities

Real Estate
In this articleUBSG-CHUBSFollow your favorite stocksCREATE FREE ACCOUNTGeneral view of the UBS building in Manhattan, New York, June 5, 2023.Eduardo Munoz Alvarez | View...

Weekly Market Wrap: Can Bitcoin close the week above US$29,300?

Blockchain
Bitcoin rose 0.79% from Aug. 4 to Aug. 11 to US$29,362 as of 7:20 p.m. Friday in Hong Kong. The world’s largest cryptocurrency by...

Swiss Prosecutors Freeze $26M Worth of Do Kwon Assets Following his Prison Sentence (Report)

Blockchain
Swiss prosecutors have reportedly frozen $26 million in cryptocurrencies and US dollars tied to Terraform Labs’ co-founder – Do Kwon, and some of...

UBS ups tech spend 11% in Q1

Fintech
UBS Group AG invested in onboarding technology through enhanced know-your-customer and anti-money laundering processes in the first quarter, which will ultimately aid the...

How the collapse of Silicon Valley Bank could shape fintech (Ola M)

Fintech
The collapse of Silicon Valley Bank (SVB) and Credit Suisse in March sent shockwaves through the fintech industry. Many neobanks are vulnerable to similar...

Swiss bank PostFinance bank to offer crypto services

Blockchain
PostFinance Ltd., one of Switzerland’s largest financial institutions and a retail bank owned by the Swiss government, has partnered with digital asset services provider...

Elizabeth Warren Allies with Banks

Blockchain
Elizabeth Warren, once an anti-bank crusader even as she had oversight of their bailout, may now be revealed more as a theatre actor, a...

Sergio Ermotti Returns as UBS CEO to Lead Credit Suisse Acquisition

Blockchain
UBS Group AG brings back Sergio Ermotti as CEO to lead the Credit Suisse acquisition. Sergio Ermotti’s return faces challenges such as workforce reductions,...

Dollar holds stable as concerns

Forex
On Monday, the dollar maintained its stability. The yen held steady near its peak of the last seven weeks while investors weighed the measures...

U.S. dollar remained firm on Monday. How is yen trading?

Forex
The greenback strengthened today. The dollar index rallied by 0.078% at 103.07 against the basket of six major currencies. It also added 0.5% on...

The euro and pound fell while the U.S. dollar rallied

Forex
The euro plummeted on Friday along with the British pound. The rallying dollar weighed on the currencies. Market sentiment was weak due to fears...

5 Tales from the Crypto: Will Stablecoins Keep Digital Asset Dreams Alive?

Fintech
As the going gets tough for crypto, will the underlying blockchain technology get going? That was one of the top takeaways from the...
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