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The AI ‘bottleneck trade’ has run its course, says this hedge-fund manager and early SpaceX investor
One hot AI trade that is starting to wind down is the “bottleneck trade,” says Altreides Management managing partner Gavin Baker
Rothschild to buy German private bank Marcard, Stein & Co
Rothschild & Co has agreed to purchase all shares in Marcard, Stein & Co, a German private bank. The deal signals a further step in the group’s Germany wealth management activities, a market it considers important to its wider business. By taking over the Hamburg-based bank, Roth
eToro weighs acquisitions and banking licence – report
eToro is preparing potential acquisitions and exploring a move into conventional payments services that may eventually involve applications for banking licences, the Financial Times (FT) reported citing CEO and co-founder Yoni Assia. The Nasdaq-listed group is working with invest
JPMorgan targets five EU markets by 2030 in digital bank expansion – report
JPMorgan is preparing a broader European rollout for its Chase digital bank, with a goal of being present in at least five countries across the region within five years. The digital bank already operates in the UK and entered Germany last month. France, Spain and Italy are among