UBS
Credit Suisse’s Buyout Shows Banks Still Have a Banking Problem
Bitcoin and crypto aren't unraveling the banks.
Custodia Bank’s Caitlin Long on State of U.S. Crypto Regulation Amid Banking Turmoil
New York Community Bank has agreed to buy a major chunk of failed Signature Bank, according to the FDIC. Custodia Bank founder and CEO Caitlin Long discusses what to make of the lingering U.S. banking jitters and the potential impact on crypto regulation in the country. Plus, her reaction to UBS purchasing rival Credit Suisse.
Bitcoin Higher Amid Upbeat China Manufacturing Data; Deribit To Offer Bitcoin Volatility Futures
Bitcoin (BTC) traded higher on Wednesday as upbeat China manufacturing data alleviated global growth concerns and improved risk appetite in global financial markets. Crypto options exchange Deribit will soon launch BTC volatility futures, offering investors a simpler way than options to hedge against market volatility. Plus, Mt. Gox creditors are about to recover some of their funds following a 10-year liquidation process. Still, concerns that large amounts of BTC will be released onto the market are overdone, according to UBS.
Mt. Gox Bankruptcy Repayments Unlikely to Destabilize Bitcoin: UBS
Early adopters are likely to have remained crypto believers, and so they will choose to be paid in bitcoin and keep it, a report from the firm said.
UBS Prices First Bond to Be Listed, Settled on a Digital Exchange
The 375 million Swiss franc three-year bond has a 2.33% yield.
Broadridge Adds UBS to Its Distributed Ledger Repo Product
The Swiss financial giant is the first bank on the platform that Broadridge has publicly announced.
UBS Mulls Offering Prime Brokerage Services for Crypto ETPs to European Hedge Funds: Sources
The Swiss bank is operating a pilot program with plans to possibly launch a wider rollout to clients in a few months, one source said.
UBS Says Regulatory Crackdown Could Pop 'Bubble-Like Crypto Markets': Report
Though it was looking to offer crypto to wealthier clients in May, the bank is now warning clients to avoid it altogether.
UBS Exploring Ways to Offer Crypto to Wealthy Clients: Report
The Swiss bank exploring “several alternatives” for offering crypto, according to people familiar with the plan.
Goldman Sachs, JPMorgan, UBS Are Trading an ETP Tied to Polkadot’s Crypto
The purchases suggest institutional investors’ appetite for crypto exposure in the bull market goes far beyond bitcoin, or even ether.
