Credit Suisse takeover hits heart of Swiss banking, identity

apnews.com The UBS takeover of embattled rival Credit Suisse has shaken Switzerland’s self-image and dented its reputation as a global financial center, analysts say, warning that the…

Yanis Varoufakis on why we should ‘let the banks burn’

aljazeera.com ‘It is absolutely impossible to stabilise a banking system which has been built, designed almost, to be unstable.’ Are we in the midst of a new banking crisis? The collapse…

Crypto exchange Bittrex to wind down operations in the US

cointelegraph.com Cryptocurrency exchange Bittrex has announced it will be winding down its operations in the United States due to the challenging regulatory and economic environment. The…

Major Energy Companies Are Trading Tokenized Emissions Credits

blockworks.co Natural gas producer PureWest is minting tokenized emissions credits in an effort to reduce the footprint of a methanol producer and other customers. The Denver-based…

Unizen and DWF Labs Strategic Partnership To Revolutionize Web 3.0 User Experience

dailyhodl.com March 31, 2023 – Dubai, United Arab Emirates Unizen is thrilled to announce a strategic partnership with DWF Labs, a leading global digital asset market maker and…

Global M&A Volumes Drop by 48% in First Quarter

pymnts.com Global mergers and acquisitions (M&A) volumes dropped by 48% year over year in the first quarter. As of Thursday (March 30), M&A volumes for the quarter were down by 70% in…

First Mover Americas: Ripple Labs' XRP Token Marches Forward

coindesk.com This article originally appeared in First Mover, CoinDesk’s daily newsletter putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every…

Credit Suisse Collapsed Because of Government Intervention, Not despite It

mises.org Credit Suisse, one of the fifty largest banks in the world, has joined the long list of Western banks over the past two decades that have been rescued from the brink of…

Believe Breaks Into Publishing By Acquiring UK-Based Sentric Music Group

billboard.com LONDON — French music company Believe is making inroads into the publishing business by acquiring U.K.-based publisher Sentric, which represents more than four million songs…

‘A Village in the Third Reich’ Review: When Fascism Came to Town

wsj.com Oberstdorf's Hohes Licht Sanatorium housed Jewish children before they were smuggled to Switzerland. Oberstdorf, Germany’s southernmost village, sits in Alpine meadows…

'Thank you, dear': A retired optometrist's 7-year quest to make Gwyneth Paltrow pay ends with 2 weeks of legal fireworks and well wishes

fortune.com When two skiers collided on a beginner run at an upscale Utah ski resort in 2016, no one could foresee that seven years later, the crash would become the subject of a…

Post-2008 reforms didn't solve the problem of 'too big to fail' banks

cnn.com Regulation introduced after the 2008 financial crisis was supposed to make bank bailouts a thing of the past. But its biggest test so far has revealed some serious…

FTX EU Launches New Website to Help European Customers Regain Lost Funds

coinspeaker.com Coinspeaker FTX EU Launches New Website to Help European Customers Regain Lost Funds The European arm of FTX, FTX EU, has just opened a new website where customers in Europe…

Swiss Banker Admits Helping Hedge Fund Manager Evade US Taxes

yahoo.com A Swiss banker pleaded guilty to fraud for helping an unnamed hedge fund manager and other US taxpayers hide $60 million in assets. • None A $3 Trillion Threat to Global…

Trump’s Indictment and What’s Next

nytimes.com The fallout will be widespread, with ramifications for the 2024 presidential race, policymaking and more. What you need to know about Trump’s indictment A Manhattan grand…

Post-2008 reforms didn’t solve the problem of ‘too big to fail’ banks

cnn.com Regulation introduced after the 2008 financial crisis was supposed to make bank bailouts a thing of the past. But its biggest test so far has revealed some serious…

He was a lieutenant on a submarine for 8 years. Now Cruise's CFO is navigating big plans for driverless cars

fortune.com “If you go out in San Francisco, on any evening, we’ve got hundreds of cars that are operating without anyone behind the wheel,” Bill Nash, CFO of Cruise, an autonomous…

Swiss economists question UBS takeover of Credit Suisse in poll

reuters.com A poll of Swiss economists found that nearly half think the takeover of Credit Suisse (CSGN.S) by UBS (UBSG.S) was not the best solution, warning the saga has dented…

What’s Driving The Bull Run of SENSEX and NIFTY?

thegeopolitica.com The world market was at the dock after the collapse of several banks in different countries. The failure of the 16th largest Silicon Valley Bank in the United States and…

FTX’s European Arm to Resume Withdrawals for Users With New Website Launch

cryptopotato.com FTX investors continue to reel under uncertainty as the fate of the assets stored in the bankrupt platform hangs in limbo. In a brief respite, however, European customers…

Asian stocks follow Wall St up ahead of US inflation update

apnews.com Asian stocks followed Wall Street higher Friday ahead of a United States inflation update traders hope might prompt the Federal Reserve to ease plans for more interest rate…

FTX’s European Arm Rolls Out Website To Facilitate Withdrawals

watcher.guru The focus of the cryptocurrency industry moved on from the FTX crash to the banking crisis in 2023. However, users whose funds were stuck in the defunct exchange were still…

Unizen and DWF Labs Strategic Partnership to Revolutionise Web3 User Experience

cryptopotato.com [PRESS RELEASE – Dubai, United Arab Emirates, 31st March 2023] Unizen is thrilled to announce a strategic partnership with DWF Labs, a leading global digital asset market…

Philipp Plein Enters The Swiss Watch Market Via 007 Style Parachute Drop Onto Lake Geneva

forbes.com The Swiss luxury watch industry is generally a conservative affair. Enter Philipp Plein. Following the launch of his fashion watches with license partner Timex Group last…

FTX EU launches withdrawal website to pay back European users

thebittimes.com The European arm of FTX, FTX EU has launched a website to allow European customers to submit withdrawal requests. It comes nearly five months after the global trading…

Analysis: Future for shock-absorbing bank debt uncertain in Credit Suisse aftermath

reuters.com [1/2] The Credit Suisse logo is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 16, 2023. REUTERS/Brendan…

Formal Rules A Worthy Strategy for Fiscal Discipline

lawliberty.org Recent debates in Washington on the debt ceiling and on the mandatory expiration of all federal legislation have made one thing clear: in the very near future, federal…

First Mover Asia: Bitcoin Hovers Around $28,000

coindesk.com Bitcoin is likely dormant, and awaiting major economic news for its next move, because of low liquidity. As Kaiko noted earlier this week, bitcoin trading is at its lowest…

FTX EU opens European withdrawals website

cryptoslate.com FTX EU has opened a website to allow former European customers to submit withdrawal requests, according to a report from Finance Magnates on March 30. Site is for…

Gwyneth Paltrow won her ski case. Here's how it played out

apnews.com When two skiers collided on a beginner run at an upscale Utah ski resort in 2016, no one could foresee that seven years later, the crash would become the subject of a…

Gwyneth Paltrow won her ski case: Here's how it played out

marketbeat.com When two skiers collided on a beginner run at an upscale Utah ski resort in 2016, no one could foresee that seven years later, the crash would become the subject of a…

White House pushes new rules for mid-sized banks without Congress

reuters.com WASHINGTON, March 30 (Reuters) - The Biden administration urged banking authorities to tighten regulation of mid-sized banks, which it said could be pushed through without…

FTX Europe Launches New Website for Customer Balance Withdrawal

financemagnates.com p class="MsoNormal">FTX Europe, the European subsidiary of bankrupt cryptocurrency exchange, FTX, has created a new website for its customers to withdrawal their balance…

Opinion: Banks do need to be taxed more

theglobeandmail.com William O’Connell is a doctoral candidate at the University of Toronto’s department of political science. During the pandemic, the federal government poured billions of…

The Headless Statue of a ‘Roman Emperor’ Is Seized from the Met

nytimes.com An ancient bronze statue that investigators say represents the Roman emperor Septimius Severus. It was looted from a site in Turkey in the 1960s, according to authorities,…

Boerse Stuttgart Digital subsidiary receives final approval for crypto custody

cointelegraph.com Boerse Stuttgart Digital, the digital asset brand of the Boerse Stuttgart exchange group, announced March 30 that its blocknox service has received final licensing from the…

Breaking the Chains: Unraveling Bitcoin’s Connection to the Stock Market

beincrypto.com In today’s increasingly connected financial world, cryptocurrencies such as Bitcoin (BTC) continue to generate significant interest and fuel spirited debates. The…

20 ‘Foreign’ Foods That Are Really American

247wallst.com American cooking is as diverse as America itself. Scores and scores of different nationalities, over recent centuries, have populated our country and enriched it with their…

Bitcoin Is Still in Its ‘Safe Haven Period’: Analyst

coindesk.com Hear Alex Thorn share his take on "Bitcoin and Inflation: It’s Complicated” at Consensus 2023. Hear Alex Thorn share his take on "Bitcoin and Inflation: It’s Complicated” at…

The Fed Raised Rates But The Economy Is Cooling: Understanding The Current Macro Situation

forbes.com The March 22 interest rate decision by the Federal Open Market Committee (FOMC) was surrounded by more uncertainty than usual, because of the new problems in the banking…

French banks defeat NY lawsuit by family of Cuban bank seized by Castro

reuters.com [1/2] The logo of BNP Paribas bank is pictured on an office building in Nantes, France, March 16, 2023. REUTERS/Stephane Mahe NEW YORK, March 30 (Reuters) - Societe Generale…

Will the US Lose its Position as World Leader? Deaton Shares His Views

watcher.guru The US economy is visibly going through a tough situation, with nations steering away from reliance on the US dollar. Russia and Saudi Arabia have already decided to settle…

Former UBS CEO Sergio Ermotti Returns to Lead Credit Suisse Takeover

observer.com Swiss bank UBS said today (March 29) Sergio Ermotti, its former chief executive between 2011 and 2020, will return as CEO to tackle the bank’s integration with Credit…

Four bankers who helped Putin’s friend set up Swiss bank account convicted

cnn.com Four bankers who helped a close friend of Russian President Vladimir Putin move millions of dollars through Swiss bank accounts have been convicted of failing to perform due…

‘Vulkan files’ leak reveals Putin’s global and domestic cyberwarfare tactics

theguardian.com The inconspicuous office is in Moscow’s north-eastern suburbs. A sign reads: “Business centre”. Nearby are modern residential blocks and a rambling old cemetery, home to…

Crypto and the Notorious: Is Conor McGregor invested in Bitcoin?

finbold.com With the increasing adoption of cryptocurrencies, it is no surprise that celebrities and athletes are taking an interest, including the former Ultimate Fighting Championship…

Belarus extends tax exemptions for crypto to 2025

coinjournal.net Belarus will allow crypto businesses, including miners, to operate tax-free until 2025. Exempted taxes include value added tax, income tax and personal taxes. Belarus is one…

Bank Crisis: A short history

datadriveninvestor.com March 2023 was rather an outlier as two major U.S. banks collapsed and Credit Suisse — one of the major banks in Switzerland — had to be saved by its competitor UBS.…

Europe's super-wealthy took over 300,000 very short private jet flights last year — including over 1,300 between London and an airport 30 miles away

businessinsider.com A private jet. RaptTV/Getty Images A study from Greenpeace analysed a database of Europe's private jet flights over the last three years. It found that 55% of them were…

Swiss authorities reveal cost of Credit Suisse’s liquidity lifeline

theglobeandmail.com Switzerland’s authorities revealed the interest rates Credit Suisse CS-N and UBS UBS-N will pay for the 250 billion Swiss franc ($273.31-billion) emergency lifeline the…

What you need to know about two landmark climate cases brought against Switzerland and France

semafor.com For the first time in its history, the European Court of Human Rights heard two cases accusing governments of violating the human rights of their citizens due to inaction on…