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Goldman Sachs CEO Says Bank Can Consider Bitcoin, Ethereum Spot Trading If Regulations Allow
Wednesday, December 11, 2024 - 1:39am | 618Goldman Sachs Group Inc. (NYSE:GS) CEO David Solomon said on Tuesday that the investment banking giant might explore becoming a spot market maker for leading cryptocurrencies if more regulatory clarity is provided. What happened: At the Reuters NEXT event, Solomon stated that the firm's ability to...
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Jack Ma's Ant Group Beats Citadel In Bid For Credit Suisse's China Unit: Report
Monday, February 26, 2024 - 4:22am | 648Ant Group Co has reportedly outbid Citadel Securities LLC for the acquisition of Credit Suisse‘s investment bank venture in China. This unexpected development is expected to undergo strict regulatory scrutiny. What Happened: Ant Group, a fintech giant backed by Jack Ma, has emerged as the top...
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China's Major Investment Bank Restricts Analysts From Making Bearish Calls And Displaying Wealth
Thursday, November 30, 2023 - 6:09am | 551One of China’s leading investment banks, China International Capital Corp. (CICC), has issued a directive barring its analysts from making bearish market calls and showcasing their affluent lifestyles. As reported by Bloomberg, the Beijing-based firm sent an internal memo to its...
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UBS Creates New Global Financing Team
Tuesday, May 26, 2020 - 5:33am | 289With an intent to serve clients more quickly and simply, the Swiss bank UBS Group AG (NYSE: UBS) is creating a new global financing team comprising of employees from different divisions. What Happened The new team will span across global wealth management, investment bank, financing and risk...