Hot Reads: Bitcoin Surges as the CFTC Sues Binance
Plus, why ETF issuer Engine No. 1 has hired a Blackstone veteran.
Bitcoin Climbs 5% Above $28K; Investors Shrug Off Regulatory Crackdowns (CNBC)
Investors appear to shake off anxiety surrounding a regulatory crackdown on crypto.
Engine No. 1: This Is Not Just ‘Another Energy Transition Fund’ (Institutional Investor)
Why the activist firm hired a Blackstone veteran to lead its private equity business.
UBS’ Former CEO Returns (Barron’s)
Sergio Ermotti, who led UBS from 2011 to 2020, is replacing current chief executive Ralph Hamers.
Will the Recent Banking Chaos Lead to an Economic Crash? (The Economist)
So far, people seem remarkably blase.
Does Bank Regulation Need to Be Streamlined? (Disciplined Systematic Global Macro Views)
And should the Federal Reserve really be the key bank regulator?
Softer But Still-Resilient Growth Expected for US Q1 GDP (Capital Spectator)
Despite warning signs flashing, the U.S. economy is expected to report moderate growth next month.
What Drives S&P 500 Rebalance Turnover? (Indexology)
The S&P 500 rebalance typically affected around 0.8% of the index’s market capitalization.
Property Climate Risk Varied Across—and Within—Markets (MSCI)
Location and topography can be decisive factors behind the impact of physical climate change risks.