investment bank – DIGIT INFO

Cantor Fitzgerald CEO: Bitcoin Is a Commodity, Should Be Treated Like Gold and Oil

DIGIT — Mon, 30 Sep 2024 23:30:27 +0000

Howard Lutnick, CEO of Cantor Fitzgerald, says bitcoin is a commodity. “When you truly understand bitcoin, it’s hard to see it any other way,” he said, adding that the crypto “should be treated like gold and like oil.” While stating that other digital assets may vary, he firmly maintained that BTC is a commodity. Howard […]

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FTX advisors billed the bankrupt firm for a whopping $103M in Q1

DIGIT — Wed, 03 May 2023 07:34:56 +0000

After Sullivan & Cromwell, consulting firm Alvarez & Marsal billed the second largest amount for its finance and accounting work.

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On the Brink of a New Trend: Credit Suisse Receives 50 Billion Swiss Franc Bailout From Swiss National Bank

DIGIT — Thu, 16 Mar 2023 16:00:20 +0000

Credit Suisse has experienced a loss of confidence in the financial institution’s health following a significant drop in its shares’ value this week. Over the past five days, Credit Suisse shares have fallen 24.34% against the U.S. dollar, eroding trust amid fears about the global banking system. On Wednesday at around 9 p.m. (ET), Credit […]

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Top 7 Wall Street movies you must watch

DIGIT — Fri, 03 Mar 2023 14:34:57 +0000

Discover the best of Wall Street cinema with these top seven films, featuring captivating tales of finance, ambition and power.

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UBS Strategists Predict Minimal Impact of Upcoming Mt Gox Payouts on Bitcoin Value

DIGIT — Wed, 01 Mar 2023 19:00:32 +0000

A recent report published by market strategists from the investment bank and financial services company UBS says that the upcoming Mt Gox payouts won’t destabilize bitcoin’s value. While a new supply will come to the market, UBS strategists insist that “it would be less concentrated.” UBS Market Strategists Believe Mt Gox Payouts Won’t Destabilize Bitcoin’s […]

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Japanese Banking Heavyweight Nomura to Launch Crypto-Focused Venture Capital Arm

DIGIT — Wed, 21 Sep 2022 23:05:47 +0000

On Wednesday, the Japanese financial holding company and principal member of the Nomura Group, Nomura Holdings, announced the launch of a crypto-focused venture capital unit called Laser Digital Holdings. Nomura’s move follows a number of financial giants entering the cryptocurrency industry this year. Nomura Introduces Laser Digital Holdings The investment banking giant from Japan, Nomura […]

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Deutsche Bank to Exit Russia, Says There Will Be No New Business There

DIGIT — Sun, 13 Mar 2022 14:30:57 +0000

Germany’s Deutsche Bank has become the latest financial services giant to confirm it’s leaving Russia over Moscow’s military assault on Ukraine. The bank has been reducing its Russian exposure since 2014 when Russia annexed Crimea and the conflict in Eastern Ukraine erupted. Amid Ongoing War in Ukraine, Deutsche Bank Pulls Out of Russia Deutsche Bank, […]

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Executive Leaves Goldman Sachs for Coinbase — Says It’s Time to Embrace Crypto, Create Economic Freedom

DIGIT — Sat, 26 Feb 2022 22:30:10 +0000

An executive at Goldman Sachs is joining Coinbase after 16 years at the global investment bank. “It’s time to embrace the crypto economy,” he said, adding that the change is a “once in a lifetime opportunity to be part of building the next stage of the digital evolution.” From Goldman Sachs to Coinbase Roger Bartlett […]

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JPMorgan says BTC’s ‘fair price’ is $35K… but it still expects crypto to ‘outperform’

DIGIT — Wed, 03 Nov 2021 02:43:26 +0000

Investment bank strategists say that BTC could climb as high as $73,000 if markets remain frothy.

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Goldman Sachs Leverages Crypto Management Firm Galaxy Digital to Swap Bitcoin Futures

DIGIT — Sat, 19 Jun 2021 00:16:01 +0000

Galaxy Digital’s co-president Damien Vanderwilt announced today that his firm has partnered with Goldman Sachs to help provide bitcoin futures products. The partnership marks one of the first occasions where an American multinational investment bank has partnered with a crypto asset service provider. Galaxy Serves as Goldman’s Counterparty for Bitcoin Futures Trading Goldman Sachs is […]

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