Tag Archives: deutsche bank

Laurence Fink described the debt ceiling deliberations as bad for the dollar as the Blackrock CEO predicts further interest rate hikes. The CEO of investment management company Blackrock is not excited about the ongoing attempt to raise the US debt ceiling. CEO Laurence Fink recently spoke about the “drama” surrounding the debt ceiling increase while discussing inflation and other issues. Observers believe the ongoing situation may turn out bullish for Bitcoin. Speaking at a financial...

The acquisition of Credit Suisse by the bigger bank has been viewed using different lenses by industry observers. Swiss multinational investment banking firm UBS Group AG (SWX: UBSG) has announced that Ulrich Koerner, the CEO of Credit Suisse, will be joining the executive board of the new joint entity. The update comes a few weeks after an emergency purchase of Credit Suisse by UBS was facilitated by regulators. UBS confirmed the announcement according to a news release, emphasizing that...

As per the Department of Justice, the executive took investors money saying that he would invest in high-yielding altcoins but actually used the money for his personal benefits. On Tuesday, April 11, the US Justice Department announced that a former investment banker who served at JPMorgan and the Deutsche Bank will face up to 20 years of jail term for allegedly committing crypto fraud. The DOJ arrested Rashawn Russell, 27, the registered broker, and shall be arraigned soon in the New...

Taurus SA – a Swiss entity that provides an infrastructure to issue, custody, and trade cryptocurrencies – raised $65 million to improve its platform and expand internationally.  Major monetary institutions, including Credit Suisse, Deutsche Bank, and Arab Bank Switzerland, led the financing. Facing Towards Other Continents Taurus disclosed it will use the funds from the Series B fundraiser to hire more engineers who could develop its platform, offer additional security to...

Checking if the site connection is secure Enable JavaScript and cookies to continue www.coinspeaker.com needs to review the security of your connection before proceeding.

Checking if the site connection is secure Enable JavaScript and cookies to continue www.coinspeaker.com needs to review the security of your connection before proceeding.

German financial multinational Deutsche Bank says it is “well on track to meet 2022 goals” following a sound Q3 2022 outing.Deutsche Bank recently posted its Q3 2022 financial report, which logged its ninth consecutive quarter of profit. For the third quarter, the Frankfurt-based German banking giant comfortably beat the projected estimates of analysts. Deutsche Bank reported 1.115 billion euros ($1.11 billion) in net income for the period ended September 30th, compared to analysts’ estimate...

According to Deutsche Bank, Ethereum – the world’s second largest digital currency by market cap – is taking on the form of “digital silver.” Ethereum Is Growing in Popularity We have been hearing for years that bitcoin – the world’s primary virtual currency – is “digital gold.” Often, gold and bitcoin are compared as one and the same, and yet as of late, the currency has been falling thanks to growing scrutiny in China. The eastern nation has ruled that all crypto...

Oder um etwas genauer zu sein: Bitcoin hat das Potenzial, das Gold des 21. Jahrhunderts zu werden. Und das ist doch mal eine ziemlich eindeutige Aussage, welche auf dem Blog einer der grössten Banken der Welt zu lesen ist. Und ja, es ist an der Zeit, dass das Internet eine Währung oder eben eine Art Gold erhält. Für viele Länder im Mittleren Osten ist das Erdöl das ‚Schwarze Gold‘. Für viele junge Leute in Asien ist Beton Gold, also Immobilien. Und immer mehr wird Trinkwasser zu einer Art...

According to a new law coming into effect next week, some German investment funds will be able to hold up to 20% in digital assets. This comes amid growing demand from various institutions towards the industry. Germany’s Next Crypto Move As per a Bloomberg report from July 30th, Spezialfonds – German investment funds with fixed rules – will be able to allocate as much as 20% of their holdings in digital assets. Those funds reportedly manage around 1.8 trillion euros or $2.1...