Finance News

UBS Seeks to Shed $5B in Rich Clients’ Assets

UBS moved the assets from the wealth management division to the wind-down unit during the third quarter.

logo.png  By NB  Nov 9, 2023

BlackRock’s $100 Billion Model Makers Are Betting on Megacaps

BlackRock sees balance-sheet strength, positive earnings revisions among larger-cap firms.

logo.png  By NB  Nov 9, 2023

Ex-Cantor Executives Start Lending Platform for Anticipated Spot Bitcoin ETFs

Digital Prime Technologies’ Tokenet joins other firms seeking to fill a void left by the demise of crypto lenders Genesis, Celsius, BlockFi and others.

logo.png  By NB  Nov 9, 2023

SEC Rule to Speed Trades Puts $1T of ETFs at Risk

The industry pros who keep America’s $7.3 trillion exchange-traded fund market humming are warning that the settlement shift next May spells trouble for more than 500 US-listed funds that hold overseas assets

logo.png  By NB  Nov 9, 2023