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Postfinance, one of Switzerland’s largest retail banks, will offer customers access to major cryptocurrencies and related services. The state-owned financial institution will be using the banking platform developed by the Swiss-licensed digital asset bank Sygnum. Postfinance Partners With Sygnum to Provide Digital Asset Products and Services The financial services unit of the national postal service
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Israeli jets bombed targets linked to the Palestinian militant group Hamas in southern Lebanon and the Gaza Strip, after militants in the two territories fired a volley of rockets at Israel. Israel’s military said it hit several targets, including tunnels and weapons manufacturing sites, in the blockaded coastal strip in the early hours of Friday
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The writer is an FT contributing editor and writes the Chartbook newsletter In response to America’s Inflation Reduction Act, Europe is scrambling to accelerate its own green industrial policy. Some, like Pascal Lamy, former director-general of the World Trade Organization and associate of Emmanuel Macron, would like to see Europe leading a green free-trading bloc
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Peter Schiff, economist and known gold bug, believes that the current price uptick that gold is currently experiencing will extend in the future, surprising stock traders. Schiff stated that gold stocks were the new tech stocks and that Wall Street’s indifference regarding these would lead to massive market capitulation. Peter Schiff Warns of Gold Rally:
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Auditors who think robust regulation of their sector is disproportionate deserve “the world’s smallest violin,” the head of the UK accounting watchdog has said. Sir Jon Thompson, chief executive of the Financial Reporting Council, told a private industry meeting earlier this year that close scrutiny was appropriate for auditors who earn hundreds of thousands of
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BlackRock has started paying back investors stuck in its £3.5bn UK Property fund since early last year, even as outflows from commercial real estate funds continue and regulators warn that some funds may struggle to meet redemption requests. The US-based fund group has begun partially repaying institutional investors who made withdrawal requests as far back
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Mention “fabulous Fab” in markets circles these days, and you’ll show your age. Probably only those on the far side of their mid-30s recall the Goldman Sachs banker whose jokey email came to epitomise Wall Street’s poor behaviour in the run-up to the 2008 financial crisis. Fab is back — or rather, the regulations inspired
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When we lose God, what should we do? Go shopping? Easter seems like a good time to ponder this question. The decline of organised religion in the west is one of the most striking trends of our age. But it leaves a gap. I will be going to church this Sunday, despite not believing in
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