State of Sustainability Forbes NEW YORK – March 14, 2023 –Forbes today launches Forbes Research, a new division focused on original research on top global business trends. Building on the success of t...
Tag: Arm
HSBC Acquired Silicon Valley Bank UK Arm: Deposits Protected
HSBC has stepped up as a white knight to rescue SVB’s distressed UK arm with a sale at rock bottom prices! British banking giant HSBC Holdings announced today its acquisition of Silicon Valley Bank (S...
Bank of London Submits Proposal to Acquire Silicon Valley Bank (SVB) UK Arm
According to Bank of London co-founder and CEO Anthony Watson in a statement, the acquisition of Silicon Valley Bank SVB’s assets could be a unique opportunity to grow the banking sector in the United...
HSBC Rescues SVB’s U.K. Arm As Bank Collapse Fallout Spreads Beyond U.S.
Topline HSBC on Monday announced it was acquiring the U.K. arm of failed Silicon Valley Bank (SVB), throwing a much needed lifeline to the country’s tech and life sciences sectors and ending a frenzie...
HSBC buys UK arm of collapsed Silicon Valley Bank for £1
United Kingdom regulators have announced a resolution to protect creditors of the region’s subsidiary of the collapsed Carlifornia-based lender Silicon Valley Bank (SBV). Under a transaction facilita...
Silicon Valley Bank UK arm acquired by HSBC for one pound
Global banking giant HSBC Holdings is coming to rescue the United Kingdom-based branch of the collapsed Silicon Valley Bank with a new acquisition. HSBC officially announced on March 13 that its subsi...
Bank of London bids to acquire Silicon Valley Bank’s UK arm
Global clearing institution Bank of London has submitted a formal proposal to acquire the Silicon Valley Bank’s subsidiary in the United Kingdom, according to a statement disclosed by Reuters on...
Blockchain.com closes its asset management arm
Blockchain.com, a crypto services company, is suspending operations of its asset management subsidiary. The service had been operational for less than a year and appeared to be the latest casualty of ...
Blockchain.com Sunsets Its Asset Management Arm
Blockchain.com has decided to sunset its 11-month-old asset management arm, another victim of crypto winter. According to a filing, Blockchain.com Asset Management (BCAM) has voluntarily applied to st...
Blockchain.com Shutters Crypto Asset Management Arm Less Than 1 Year After It Launched
Blockchain.com has announced the suspension of its asset management arm due to the prolonged crypto winter, as reported by Bloomberg. The company cites the challenging market conditions as the reason ...
Blockchain.com to wind down its asset management arm
Blockchain.com is winding down its asset management arm, which launched last April. The crypto startup has applied to strike the asset management subsidiary off the UK register and dissolve the ...
Magic Eden’s venture arm invests in 11 web3 gaming projects
Magic Eden Ventures has invested in 11 web3 gaming startups including MatchDay, Blockstars, Epic League, and others, as part of its commitment to accelerating the growth of the blockchain gaming ecosy...
Bankrupt FTX’s Japanese Arm Enables Customer Fund Withdrawals
FTX Japan resumes withdrawals amid regulator’s overwatch. Japanese Financial Regulator seen as victor amid FTX Japan’s move. SBF’s spokesperson conveys SBF’s thoughts on the same. FTX’s Japanese arm i...
Tesco PLC could sell its banking arm
Tesco PLC (LON: TSCO) is in focus this morning after a report said over the weekend that the multinational could sell its financial services arm. Tesco Bank is worth over £1.0 billion On Saturday, Sky...
First Normal Spring Training Since 2019 Will Be A Needed ‘Shot In The Arm’ For Business
For the first time since 2019, spring training ballparks such as Dunedin’s TD Ballpark will be … [+] bustling with fans attending a full schedule of games. Tom Layberger For the first time...
Burns & McDonnell Arm Launches Unique Cybersecurity Service For Critical Infrastucture
Cybersecurity all hours of the day, all days of the year — no holidays. getty It may not have the impact of a Super Bowl play, but a new service from 1898 & Co., the consulting arm of Burns & ...
Investment banking giant Nomura’s crypto arm invests in institutional hybrid DeFi protocol Infiniti Exchange
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the futur...
The Crypto Trading Arm of Genesis Is Moving Money Around
Genesis, a crypto-lending business went to Bankruptcy court protection on Thursday, the firm’s trading arm, which was all-time out of Chapter 11, is even now moving funds over on blockchains, an indic...
Genesis’ Crypto Trading Arm Is Moving Money Around, a Sign of Normalcy Amid Sibling’s Bankruptcy
Even as Genesis’ crypto-lending business entered bankruptcy court protection, the company’s trading arm, which remained out of Chapter 11, is still moving money around on blockchains – a sign the busi...
Celsius’ mining arm announces $1.3M sale of equipment
The mining arm of crypto lender Celsius Network has issued a notice for the sale of $1.3 million worth of mining equipment as part of its bankruptcy case. In a Jan. 11 filing with the United States Ba...
Samsung’s Asset Management Arm Launches Bitcoin Futures ETF in Hong Kong – Finance Bitcoin News
Samsung’s asset management arm has launched a bitcoin futures exchange-traded fund (ETF). The new actively managed ETF is listed and traded on the Hong Kong stock exchange. It seeks “to provide econom...
‘Shot In The Arm’ Shows How Disinformation Can Be Deadly
A doctor examines a child’s leg, weakened by polio. Nearly eradicated by global vaccination, … [+] poliomyelitis cases are on the rise due to a decline in vaccination rates. Bettmann Archi...
Samsung Investment Arm to Launch Bitcoin Futures ETF in Hong Kong
When the ETF goes live, it will offer diversification and a means for investors to meet their demands. Samsung Asset Management, the investment arm of the financial services giant, has announced its p...
NFT Displays Go 3D With Investment Boost From Christie’s Venture Arm
Christie’s auction house is going beyond digital frames to display NFT art, and leveraging 3D holographic technology to showcase both traditional and blockchain-based art in their global galleries.&nb...
Deribit Transfers 10,000 Ethereum to FTX Trading Arm, Raising Concerns
– Advertisement – The latest Ethereum (ETH) transfers from Deribit to Alameda Research occurred today, involving 2,000 ETH. Bankrupt firm Alameda Research, the trading arm of the FTX exch...
German VC Picus Capital commits to web3 with new investment arm
German venture capital firm Picus Capital launched a dedicated web3 and crypto investment arm called picus.xyz. “Picus.xyz is not only a sign of our long-term belief and commitment to web3...
Sam Bankman-Fried’s Trading Arm Invested $1,150,000,000 Into Bitcoin Mining Company: Report
Alameda Research, the trading firm founded by the disgraced former crypto billionaire Sam Bankman-Fried, reportedly invested well over a billion dollars into a Bitcoin (BTC) mining firm. According to ...
FTX’s venture arm Alameda invested over a billion in Bitcoin [BTC] mining firm
Alameda reportedly invested over a billion dollars in the Bitcoin mining firm – Genesis Digital The first recorded investment was in August last year, while the last was in April 2022 FTX and Alameda ...
Samsung Investment Arm Got Burnt By FTX Meltdown
Samsung’s investment arm Samsung Next has also suffered from the collapse of FTX. The firm participated in a $420 million funding round of FTX last year. After it invested in the exchange in a funding...
Coinbase strengthens European arm with new hires
Crypto exchange Coinbase is reinforcing its European senior positions with a series of new hires and promotions, Bloomberg reports. Crypto.com’s former general manager has come on board as count...
Binance U.S. Arm to Bid for Bankrupt Voyager Digital’s Assets After FTX Collapse
The U.S. arm of Binance, the world’s largest cryptocurrency exchange, will make a bid for bankrupt lender Voyager Digital following the collapse of FTX, which in September won an auction for the comp...