Credit Suisse Inks Referral Agreement for Clients to Move to BNP Paribas
Global investment bank Credit Suisse has inked an agreement to urge its hedge fund clients to move to BNP Paribas amid its exit from prime broking services,...
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Daimler, Visa Team Up for ‘Native’ In-Car Payments
Financial services provider Daimler Mobility AG has partnered with giant Visa Inc. to roll out “native” in-car payments, according to this statement. The partnership allows customers to...
Crypto ETFs Occupy Top 20 on Morningstar Ranking. Polkadot Occupies First Position
SEBA Polkadot ETC, launched in July, ranked on position one among the best-performing European exchange-traded products in October, according to Morningstar. All the top 20 on the...
Hedge Funds Seen to Post Losses on Bullish Treasury Bets
Leveraged funds are likely to post losses after boosting bullish bets on short-term Treasuries, Bloomberg reported. Hedge funds have jumped their bullish bets on two-year Treasury futures...
SoftBank Posts Losses Amid Vision Fund Plunge
Japanese giant SoftBank Group Corp. saw losses in its Vision Fund Unit due to the drop in the value of its holdings in Coupang Inc. and Didi...
EV Charging Stations Major Winners in Congress, as The Bill Directs Billions to Charging Networks
The nearly $1 trillion infrastructure bill that passed on the U.S. Congress will expand the network of charging stations, according to a report by The Wall Street...
