Investment banking company UBS has named former UBS Group CEO Sergio Ermotti as the new CEO to oversee the Credit Suisse takeover. It is said that the new CEO is equipped as the “best pilot” to navigate the current business challenges.
Tech giant Apple has announced its Pay Later service, enabling users to split their purchases into four payments. The company introduced the service in the US with no additional interest or fees.
Bitcoin price has surpassed the $28,000 level, marking an increase of 5.70% over the past 24 hours. Interestingly, this comes as most other altcoins appear to be trading flat in the same period.
The shares of Chinese multinational e-commerce and tech giant Alibaba Group Holding Ltd are trading at a very high growth rate today as the company said it is restructuring its business into 6 different independent divisions.
The European Banking Federation has published a paper where it shared its views of the digital euro as well as that of the European digital money ecosystem at large.
