BlackRock, State Street join Wall Street’s tokenisation race
State Street's tokenised cash-management product will allow stablecoin holders to sweep their assets into an on-chain, yield-bearing asset...
Zayo issues USD 2.37 billion asset-backed term notes
Investor appetite was strong, with the bonds priced at a weighted average rate of 6.5%, which is a sign that...
Citi taps wealthtech firm Advyzon for global UMA program
Advyzon's program will consolidate Citi Wealth's existing investment products, ETFs and mutual funds into a single account structure...
Asset manager BlackRock sees profit rise, stock value remains a worry
BlackRock reported a net profit of USD 2.21 billion for the quarter. Its adjusted earnings were USD 12.53 a share,...
CI GAM expands customer access to international equity strategy
CI GAM's VXM strategy focuses on undervalued international companies, providing diversification across regions and investment styles...