Morgan Stanley has expressed readiness to buy El Salvador bonds despite it being one of the worst performers this year, Bloomberg News reported. According to the report, El Salvador’s $7.7 billion Eurobonds are performing poorly despite having better numbers than countries in a similar position. Simon Waever, a top executive at the bank, reportedly wrote…
Institutional investors’ interest in Bitcoin has refused to wane despite the continued price volatility of the flagship digital asset which has seen the asset rise to over $68,000 then drop to around $57,000 presently within the space of the last 30 days. An example of one such investor is a leading investment bank in the…
With the realization that crypto would play an invaluable role in the evolution of the financial landscape, some of the leading financial institutions in the world are now paying top dollar to recruit top crypto talents into their folds. Crypto specialists are in high demand A recent Bloomberg report has revealed that some of the…
After its previous hostility towards Bitcoin and other crypto assets, Morgan Stanley, a leading investment bank, has increased its exposure to the leading digital assets per its recent filings with the Securities and and Exchange Commission (SEC) on September 27. Morgan Stanley Europe Opportunity Fund purchases more GBTC shares According to the filing, the multinational…