Shanny Basar
Senior writer
Latest From Shanny Basar
David Solomon Expects Secular Private Credit Growth
David Solomon, chairman and chief executive of Goldman Sachs, said there will be good secular growth in private credit and the bank is well placed to take advantage, especially since the formation of the bank’s capital solutions group. Solomon sp...
Read moreDeepSeek Triggers Record Trading Session at Blue Ocean ATS
The announcement of a new artificial intelligence model by Chinese firm Deepseek on the evening of Sunday 26 January led to record trading on Blue Ocean Technologies’ venue for overnight trading of US stocks. The total notional value of trading d...
Read moreNasdaq Highlights “Exceptional” Index Business
Adena Friedman, chair and chief executive of Nasdaq, said the group’s Index business had an”exceptional” year in 2024, which helped the Capital Access division reach record full-year revenues. Nasdaq reported that total net revenues for 2024 were...
Read moreClose to 100% Buy-Side Adoption of Digital Assets is “Inevitable”
Nearly all the buy side will have digital assets as a permanent part of their asset allocation according to consultancy Crisil Coalition Greenwich. The consultancy found in a survey that half of its buy-side respondents believe digital assets wil...
Read moreBlackRock Files for Bitcoin ETF In-Kind Creation & Redemption
BlackRock has filed for regulatory approval to allow in-kind creation and redemption on its bitcoin exchange-traded fund, as there have been a slew of new crypto ETF filings since changes at the US Securities and Exchange Commission. The fund man...
Read moreSEC Paves Way for Banks to Custody Digital Assets
Under the new administration, the Securities and Exchange Commission has repealed its SAB 121 ruling which required custodians to recognise all digital assets as liabilities on their balance sheets, and imposed large capital costs. The repeal pave...
Read moreDigital Collateral Mobility Infrastructure Develops
Digital asset derivatives exchange Bitnomial is launching a regulated clearinghouse in the US and Eurex Clearing, the derivatives arm of Deutsche Börse, plans to offer improved collateral mobility using distributed ledger technology (DLT) in the s...
Read moreGenerali/Natixis IM Joint Venture Targets Private Assets
Woody Bradford, chief executive & general manager of Generali Investments Holding, part of Italian insurer Assicurazioni Generali, said the joint venture with Natixis Investment Managers, the asset management arm of French bank BPCE, offers tr...
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