The possible merger of Credit Suisse and UBS might have taken a halt as UBS chairman Axel Weber recently told Bloomberg that he doesn’t see the closure…
Posts published in December 2020
Germany’s Oldest Bank Introduces Cryptocurrency Fund
Hauck & Aufhäuser, one of the oldest private banks in Germany announced that it has partnered with a Berlin-based fintech company Kapilendo to launch its…
BNP Paribas Promotes Daniel Klein to Global Head of Client Services
BNP Paribas Asset Management (‘BNPP AM’) announced that it has promoted Daniel Klein to Global Head of Client Services, effective from 1st January 2021. According…
HKMA, PBoC Initiate Talks for Digital Yuan Testing in Hong Kong
Hong Kong Monetary Authority (HKMA) has initiated talks with the People’s Bank of China’s Digital Currency Institute to test digital yuan in the autonomous administrative…
TipRanks Announces UK Launch, Identifies Top Analysts
Analyst ranking service, TipRanks announced today that it has launched its services in the to give individual investors in the country smooth access to institutional-level…
Chinese Yuan Pauses Rally Amid Escalating Sino-US Tensions
The Chinese yuan retreated from its best level in more than two years to kick off the trading week, driven mostly on escalating Sino-US geopolitical and trade tensions. But the pullback was…
AUD/USD at 0.7449 and Closer to 0.7600
The Australian versus United States dollar currency pair seems to be checking every point of the checklist that promises 0.7587. Long-term perspective The appreciation from the 0.6386 support area managed to climb…
Get Ready for Brexit: Top 5 Tips for Financial Institutions
All passporting rights will be lost when the UK leaves the European single market on 31 December 2020, This could cause issues for: UK-authorised firms…
Bitcoin Lures Wall Street, US STABLE Act, Saudi CDBC: Editor’s Pick
After a busy week for crypto with Bitcoin very much in focus, let’s take a look at the news stories that dominated the worlds of…
Is it Time for RegTechs to be Regulated?
This may be controversial – due to the amount of extra work involved for both the RegTechs and the regulators – but is it time…