ubs

Moxy.io Welcomes Former UBS CFO Thomas Gustinis to Its Executive Team and to the board of the Moxy Foundation

Source Node:
Time Stamp: April 10, 2024 2:27 PM - Modified On: April 10, 2024 - Published By:
Source Cluster:
Republished By Plato

Zug, Switzerland – Moxy.io proudly announces the appointment of Thomas Gustinis, a key figure in treasury management of UBS, as its previous Global Chief Financial Officer. This landmark hire underscores Moxy.io’s ambition to fortify its leadership team with unparalleled financial expertise and vision, propelling the company towards new horizons in the competitive blockchain and gaming industries. Thomas Gustinis brings to Moxy.io a storied career in global finance, having helmed UBS's treasury operations, where he was instrumental in steering the banking giant through complex financial landscapes and maximizing operational efficiency and

Paribus. The Fragility of Finance.

Source Node:
Time Stamp: March 25, 2023 7:30 AM - Modified On: March 25, 2023 - Published By:
Source Cluster:
Republished By Plato

Despite a lot of turbulence in the markets this week the Federal Open Market Committee (FOMC) did exactly what was predicted. Jerome Powell carefully adjusted his language and reframed the narrative around his 25 basis point rate hike to try and calm the markets he had helped to damage. His forward guidance was only to expect further rate increases if inflation spirals out of control. He avoided taking any responsibility for the recent bank failures, claiming instead that the sector was stable and robust. In reality, the global financial system

UBS Expects Gold to Hit $2,000; What Does It Mean for Bitcoin?

Source Node: https://bitcoinist.com/ubs-expects-gold-to-hit-2000-what-does-it-mean-for-bitcoin/?utm_source=rss&utm_medium=rss&utm_campaign=ubs-expects-gold-to-hit-2000-what-does-it-mean-for-bitcoin
Time Stamp: August 4, 2020 2:50 AM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

UBS Global predicts that gold would climb to $2,000, at least by September, just as the metal’s correlation with Bitcoin reaches a new high. Wayne Gordan, executive director of Commodities and Forex at UBS, projected negative US real yields as the core reason behind the increasing bids for gold. The other key point, Mr. Gordon stated, is the ongoing plunge in the US dollar. Bitcoin traders should brace for a decent upside momentum led by the gold market. It is because of the increasing realized correlation between the two assets.