With interest rate coming in at more than 5.5% after the Fed increase the rate by 0.25 basis points two weeks ago , the inflow of cash to banks and shorter term investment has been on the rise and this has cause an increase in Money Market Funds asset, reaching a record high at the […]

In November 2022, the FTX Exchange, a prominent cryptocurrency trading platform, faced a severe liquidity crisis which ultimately led to global regulatory interventions. This occurred as the platform struggled to gather billions of dollars to fulfill a surge of withdrawal requests during that year. Among the regulatory bodies taking action was Hong Kong, which initiated […]

The US Securities and Exchange Commission (SEC) took a significant step by advising Coinbase, a well-known cryptocurrency exchange, to stop trading in all cryptocurrencies except for bitcoin. This move was made before the SEC filed a lawsuit against Coinbase for not registering as a broker, indicating the agency’s intention to broaden its regulatory control over […]

Fitch Ratings has chosen to decrease the credit rating of the United States, moving it from triple A to double A plus. This decision is based on concerns about a worsening fiscal situation and governance challenges. This alteration in the rating occurs just two months following a period of political brinkmanship that brought the world’s […]

London-based asset manager Gresham House has been acquired by private equity firm Searchlight Capital in a cash transaction totaling nearly £470 million. Gresham House, which currently oversees £8 billion in investor funds, focuses on investing in alternative assets such as battery storage, forestry, energy from waste, and vertical farming. Shareholders of Gresham House will receive […]

July 18, 2023 The distress in the US commercial real estate sector continues to deepen, with Starwood, a prominent player in the industry, defaulting on its maturing mortgage on June 9. Starwood, a private asset management firm with over three decades of experience, primarily operates in the real estate sector and manages a portfolio of […]

July 28, 2023 Worldcoin is a cryptocurrency that aims to create a global digital currency accessible to everyone around the world. It was founded in 2021 by Sam Altman, the former president of Y Combinator, with the goal of creating a more inclusive and equitable financial system. “The goal is simple: A global financial and […]

July 26, 2023 The Securities and Exchange Board of India (SEBI) has taken significant steps to bolster green financing and enhance transparency in Environmental, Social, and Governance (ESG) investments. These new measures aim to mitigate the risk of greenwashing and create a more conducive environment for sustainable investments. Under the recently released rules for ESG […]

July 24,2023 Bunq, a Dutch startup offering a range of innovative financial services to consumers, has recently secured a substantial funding of €100 million ($111 million). The company, known for its emphasis on serving digital nomads and individuals with international financial needs, has experienced significant growth during the pandemic and aims to expand its services […]

July 19, 2023 European stocks saw an increase on Wednesday as UK inflation dropped more quickly than expected, further fueling hopes among investors that central banks might soon end their historic tightening measures. At the opening bell, the broader Stoxx 600 index in Europe rose by 0.5%, extending gains from the previous session. The CAC […]