Cryptocurrency Analysis and News Portal
Major American financial services and bank holding company State Street Corporation is expanding its push into the cryptocurrency industry by launching new digital asset services.State Street, the second-oldest operating bank in the United States, announced Thursday that it would provide digital and crypto asset administration services for the company’s private
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Zeno Staub, CEO of pro-crypto Swiss banking giant Vontobel, has revealed that the firm’s wealthy clients are showing an appetite for cryptocurrency exposure. Major banks in the United States, Europe, and Asia are beginning to offer structured Bitcoin (BTC) and virtual currency-related investment products to their wealth management clientele. Wealthy Clients
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Zeno Staub, CEO of Swiss private banking and investment management giant Vontobel, has revealed that some of the company’s wealthy clients have crypto exposure.Speaking to Bloomberg on Tuesday, Staub stated that Vontobel's clients have an interest in cryptocurrencies.According to Staub, blockchain technology will have a profound impact on global finance. As part
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Wall Street banking giant JPMorgan Chase, is allowing its retail wealth management clients to access a select number of cryptocurrency funds. The bank is the first major U.S. financial institution to enable such exposure to its big-money clients. ‘Open Sesame’ for JPMorgan’s Wealth Management Clients According to Business Insider on Thursday (July
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The decision by Goldman Sachs to deal with ETPs comes following a recent survey that involved over 150 family offices that the bank does business with.Goldman Sachs is now settling and clearing crypto-linked Exchange Traded Products (ETPs) for its European hedge fund clients. It has been revealed by sources familiar
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JPMorgan wealth management advisors will be able to buy and sell these funds on clients’ demands. However, they cannot propose or recommend any crypto investment. Earlier this week, Wall Street giant JPMorgan Chase & Co (NYSE: JPM) gave approval to its advisors to offer crypto funds to its
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According to a Bloomberg report, the ultra-rich clients of Goldman Sachs are interested in cryptocurrency. An Ever-growing Interest The news agency quoted a recent survey from the American financial giant, which shows that almost half of the family offices interviewed are keen to add crypto to their investments. Family offices specialize in managing
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One of the core aims of UBS Chief Executive Officer Ralph Hamersб who replaced Sergio Ermotti, is to cut operational costs while digitizing bank’s operations and product offerings. Swiss multinational investment bank and financial services company UBS Group AG (SWX: UBSG) is reportedly exploring multiple ways to bring
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