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Goldman Sachs is offering bitcoin derivatives to investors as it expands its offerings in the $1 trillion market
The bank will hedge with CME futures using Cumberland DRW as its trading partner, Bloomberg Law rep…
Isabelle Lee
6 red flags to look out for when hiring a wedding photographer
Business Insider asked wedding photographers about the red flags to look out for when hiring someon…
Chloe Caldwell
Insider Today: The US Open's real star
In this Saturday edition of Insider Today, we're talking about a hit cocktail at the US Open and La…
Joi-Marie McKenzie
Rupee gains 21 paise to 81.15 against US dollar
At the interbank foreign exchange, the domestic unit opened at 81.24 against the dollar, then ga…
PTI
Citi will reportedly start trading bitcoin futures, following Goldman Sachs's lead as client demand for crypto spikes
Citi had previously offered clients access to ethereum products but backed away after the 2017 "cry…
Ethan Wu
Rupee could slide to 82 as a strengthening dollar is nullifying RBI efforts
Rupee has been extremely volatile this year despite the Reserve Bank of India efforts to keep it fr…
Goldman Sachs restarts cryptocurrency trading and will begin dealing bitcoin futures for clients next week, report says
The cryptocurrency trading desk will be a part of the US Global Markets division. The bank is also …
Isabelle Lee
Standard Chartered Bank starts operations at IFSC GIFT City
A slew of Indian lenders have operations at the IFSC, which helps them operate like a foreign unit…
PTI
Morgan Stanley funds have picked up over 1 million shares in Grayscale Bitcoin Trust as institutional adoption of crypto mounts
The disclosures come just days after reports emerged that Citibank was preparing to trade bitcoin f…
Ethan Wu
10 things you need to know before the opening bell
This is what traders are talking about.
Shalini Nagarajan
UBS is reportedly considering offering cryptocurrency investments to wealthy clients
UBS is in the early stages of exploring crypto offerings, though they would be a small portions of …
Isabelle Lee
UBS CEO says crypto is an untested asset class and he isn't worried about missing out on clients
"We feel that crypto itself is still an untested asset category," Ralph Hamers, CEO of UBS Group, t…
Isabelle Lee
The COO of Goldman Sachs says client demand for bitcoin is rising as the cryptocurrency flirts with record highs
"The pandemic has been a significant accelerant," John Waldron said, referring to the increased int…
Isabelle Lee
Jaishankar caps day of intense development diplomacy, assuring UNGA head of India's support
The meeting aimed at highlighting the growing relations between India and the CELAC countries in ar…
Bank of America is allowing some clients to trade bitcoin futures, report says
The move highlights growing institutional interest in the cryptocurrency market.
Carla Mozée
Citi plans to launch crypto trading services after a boom in client interest in digital currencies, report says
Itay Tuchman, Citi's global head of foreign exchange, said services including trading, custody, and…
Shalini Nagarajan
Bitcoin reclaims $50,000 level as more businesses eye exposure to cryptocurrencies
Goldman Sachs, which first set up a cryptocurrency desk in 2018, is also reportedly exploring a bit…
Matthew Fox
HSBC CEO reportedly says the bank will not expand its businesses into bitcoin, citing volatility in the cryptocurrency
"Given the volatility, we are not into bitcoin as an asset class," CEO Noel Quinn told Reuters. He …
Isabelle Lee
Goldman Sachs announces a new crypto trading team in an internal memo
The memo is the first time the US bank has formally acknowledged its involvement in the reported pl…
Shalini Nagarajan
RBI allows banks to trade in offshore rupee derivative market
It can be noted that the ongoing financial market volatilities triggered by coronavirus outbreak dr…