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Swiss mega-bank UBS ramps up its Bitcoin exposure with a massive 24-fold surge in ETF call options
Direct holdings of IBIT also rose 12% to 407,890 shares, while put option exposure dropped roughly 53% to 143,300 underlying shares during the quarter.
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Italy’s Cheese Bank Finds Climate Risk Has a Rind
On Wall Street, “cheese” is slang for money. In Italy, they decided the metaphor needed collateral. Deep inside climate-controlled warehouses in Emilia-Romagna, hundreds of thousands of wheels of Parmigiano-Reggiano sit on shelves while securing loans from Credito Emiliano, Fortune reported Monday (Aug. 10). It’s banking with notes of hazelnut, salt and a surprisingly complicated risk…
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Israel’s largest bank to offer crypto trading with Galaxy
Bank Leumi customers will be able to trade bitcoin, ether and solana through the bank’s investment app from early 2027.