2 Swiss Banks Launch Cryptocurrency Trading and Custody After Gaining Regulatory Approval


Switzerland’s financial regulator, FINMA, has approved two Zurich-based banks to offer a range of cryptocurrency services, including trading and custody. Maerki Baumann Bank subsequently announced the launch of its trading platform for major cryptocurrencies while Incore Bank is offering a range of crypto services. Maerki Baumann Launches Cryptocurrency Trading DeskRead More →

What To Expect From G10 Central Banks In 2020


By James Knightley, Chief International Economist; Carsten Brzeski, Chief Economist; James Smith, Developed Markets Economist; Iris Pang, Economist; Rob Carnell, Chief Economist, Head of Research; Charlotte de Montpellier, Economist Discover what ING’s economists are expecting from global central banks over the next twelve months Timeline: ING’s global central bank outlookRead More →

Here Is How Central Banks Have Compounded Wealth Inequality


Big Picture Thesis Investors who own higher-risk/higher-return assets generate an order of magnitude greater wealth over time than savers who own lower-risk/lower-return assets. (In econo-speak, saving and investing are the same thing, but here “saving” refers to stashing one’s money in an asset of stable value and relatively low returnRead More →

The Big Squeeze On Banks Is Back And Badder Than Ever


It’s no longer just me using terms like “Armageddon, crisis, devastating, chaos, Great Depression;” it’s leaders of the world’s most august and conservative central banks. The big banking squeeze that began in September never went away. In fact, repo auctions last week looked worse than ever, in spite of theRead More →