Anonymous ID: f96b97 April 6, 2021, 6:31 a.m. No.43657   🗄️.is đź”—kun   >>3684 >>3695 >>3716 >>3722 >>3733

Fidelity, Square, Coinbase Launch Bitcoin Trade Group

 

Fidelity Investments, Square Inc. and several other financial firms are forming a new trade group that aims to shape the way bitcoin and other cryptocurrencies are regulated.

 

The Crypto Council for Innovation will lobby policy makers, take up research projects and serve as the burgeoning industry’s voice in championing the economic benefits of digital currencies and related technologies. Crypto investor Paradigm and Coinbase Global Inc., which operates a cryptocurrency exchange, also signed on as initial members of the group.

 

The council’s launch comes as prices of many digital assets have surged, drawing in new mainstream investors and the banks and brokers that serve them. Earlier this year, the total market value of bitcoin, the most popular digital currency, touched $1 trillion for the first time. Still, the market’s future remains far from settled. Advocates have argued that cryptocurrencies and the blockchain technology that supports them have the potential to create jobs and extend financial services to consumers everywhere, at little or no cost. But policy makers and regulators around the world will play a critical role in shaping the path forward. The council will appoint a board with members from each of the four initial signing companies and build an executive team to carry out the agendas.

 

The organization will mirror others’ efforts like Coincenter and Chamber of Digital Commerce in educating the regulators via starter programs like sending Bitcoins to all U.S. senators.

https://www.wsj.com/articles/fidelity-square-coinbase-launch-bitcoin-trade-group-11617710402

Anonymous ID: f96b97 April 6, 2021, 7:13 a.m. No.43669   🗄️.is đź”—kun   >>3684 >>3695 >>3706 >>3716 >>3722 >>3733

>>43558 pb

Credit Suisse overhauls management as it takes $4.7 billion hit on Archegos

 

Credit Suisse said on Tuesday it will take a 4.4 billion Swiss franc ($4.7 billion) hit from dealings with Archegos Capital Management, prompting it to overhaul the leadership of its investment bank and risk divisions. The scandal-hit bank now expects to post a loss for the first quarter of around 900 million Swiss francs. It is also suspending its share buyback plans and cutting its dividend by two thirds.

 

Switzerland’s No. 2 bank, which has dumped over $2 billion worth of stock to end exposure to the New York investment fund run by former Tiger Asia manager Bill Hwang, said Chief Risk and Compliance Officer Lara Warner and investment banking head Brian Chin were stepping down following the losses.

 

The Archegos hit eclipses the bank’s 2.7 billion Swiss franc net profit last year, with questions over how its exposure to Hwang became so big remaining unanswered. “The significant loss in our Prime Services business relating to the failure of a US-based hedge fund is unacceptable,” Credit Suisse Chief Executive Thomas Gottstein said in a statement. “Serious lessons will be learned.”

 

It is the second major scandal for Credit Suisse in just over a month after the collapse of Greensill Capital, with the bank’s shares down by a quarter since March 1. The bank’s board has launched an investigation into the Archegos losses and also begun a probe into its $10 billion supply chain funds which invested in bonds issued by Greensill.

 

Proposed bonuses for executive board members have been scrapped and outgoing chairman Urs Rohner, who has presided over the bank since 2011, will forgo his 1.5 million Swiss franc chair fee for the year. Incoming chairman António Horta-Osório, currently CEO of Britain’s Lloyds Bank, is being kept apprised of the investigations, which are being led by a “very senior member” of the board, a source familiar with the matter said.

 

Credit Suisse shares were up 1.26% at 1025 GMT as the bank said the Archegos loss had overshadowed a “strong” start to the year by its investment bank and wealth management units.

 

The bank said Christian Meissner, who ran investment banking at Bank of America before joining Credit Suisse last year, would be appointed chief of the investment bank from May 1. Joachim Oechslin will resume on an interim basis the role of chief risk officer, which he held previously until February 2019, while Thomas Grotzer will become interim global head of compliance.

https://www.reuters.com/article/usa-markets-blocktrades-creditsuisse/update-6-credit-suisse-overhauls-management-as-it-takes-4-7-bln-hit-on-archegos-idUSL1N2LY25N

 

What a GREAT time for Blythe Masters to be joining the BoD!! /s-vote on April 23

Anonymous ID: f96b97 April 6, 2021, 7:46 a.m. No.43677   🗄️.is đź”—kun   >>3678 >>3680 >>3684 >>3695 >>3716 >>3722 >>3733

Live Updates: 2 victims, suspect "down" in shooting near Army base in Frederick, Maryland

 

Police in Frederick, Maryland responded to an active shooter on Tuesday and said there are at least two victims. They said the suspect was "down," and two law enforcement sources told CBS News the suspect is no longer a threat.

 

The shooting happened at an address where a concrete business is located, about 4 miles from Fort Detrick. The Navy confirmed there was a shooting "involving U.S. Navy Sailors" but provided no further details.

 

 

FREDERICK SHOOTER: Fort Detrick is a U.S. Army Medical Command installation with about 10,000 military, federal, and contractor employees assigned there. According to Fort Detrick's website, each branch of the military is represented. https://t.co/w8LmSltBVG pic.twitter.com/S9JwBzaULM— WUSA9 (@wusa9) April 6, 2021

Jeremy Mutschler, director of marketing for Nicolock Paving Stones, said that the shooting was near the company's Frederick location but not at the business itself.

 

"There was a shooting within the industrial park where the Nicolock facility is located, and a victim entered our property seeking help," Mutschler said. "Our team was able to assist them and called the authorities. We are pleased to report that all the Nicolock employees are safe."

 

No further information was immediately available.

https://www.cbsnews.com/live-updates/maryland-shooting-frederick-2021-04-06/

Anonymous ID: f96b97 April 6, 2021, 10:53 a.m. No.43698   🗄️.is đź”—kun   >>3716 >>3722 >>3733

BOXER42 USAF C-40C departed Patrick AFB after an overnight west over to Sarasota-Bradenton Int'l Airport for a couple of fly overs then north

This AC arrived just south of Tyndall AFB yesterday (froze on descent) and then over to Patrick after that ground stop

cap#2

Anonymous ID: f96b97 April 6, 2021, 11:42 a.m. No.43706   🗄️.is đź”—kun   >>3716 >>3722 >>3733

>>43669

Qatari Royal Is Among Investors Exposed in Credit Suisse Supply-Chain Funds

 

Qatar’s former prime minister is one of the wealthy Middle Eastern investors exposed to Credit Suisse Group AG’s troubled supply-chain finance funds, according to people familiar with the matter.

 

Vehicles linked to Sheikh Hamad bin Jassim Al Thani invested approximately $200 million in the funds that bought loans from Greensill Capital, the financial firm that collapsed in early March, said the people, asking not to be named because they are not authorized to speak on the matter. It’s unclear how much Sheikh Hamad, also the former head of Qatar’s sovereign wealth fund, stands to lose, and the preliminary estimates of his exposure could change. Representatives for Credit Suisse and Sheikh Hamad declined to comment. The bank is in a tough spot as it’s seeking to retain the relationship with wealthy clients while leaning toward letting investors foot the bill if it can’t recover the full amount of the loans held in the Greensill-linked funds. Out of $10 billion managed by the funds, Credit Suisse had sold more than $1 billion through its private banking arm in the Middle East, Bloomberg reported earlier.

 

The Swiss lender has been deeply involved with Qatari investors for years and has a long-standing relationship with Sheikh Hamad. During his tenure as head of the Qatar Investment Authority, which ended in 2013, the sovereign wealth fund became one of the Swiss bank’s largest shareholders and appointed Credit Suisse as adviser on some high-profile deals. In 2012, they formed an asset management joint venture, called Aventicum Capital Management. Sheikh Hamad also owns a stake in Deutsche Bank AG. Last month, Credit Suisse froze its Greensill funds and started liquidating the investments as Lex Greensill’s firm filed for insolvency. The supply-chain finance funds hold more than $1 billion of notes linked to Sanjeev Gupta’s GFG Alliance, a metals group at risk of collapse, and hundreds of million of notes to other companies backed by sales that hadn’t occurred yet.

 

The bank is planning to transfer hard-to-value assets into side pockets while returning some cash to investors. It paid $3.1 billion in March and said it will make a further payment by mid-April.

https://www.bnnbloomberg.ca/qatari-royal-is-among-investors-exposed-in-credit-suisse-supply-chain-funds-1.1586800

 

from Oct. 16th 2016

Hillary Clinton’s “Sudden Move” Of $1.8 Billion To Qatar Central Bank Stuns Financial World

https://www.eutimes.net/2016/10/hillary-clintons-sudden-move-of-1-8-billion-to-qatar-central-bank-stuns-financial-world/

 

scroll down

Anonymous ID: f96b97 April 6, 2021, 11:59 a.m. No.43711   🗄️.is đź”—kun   >>3715 >>3716 >>3722 >>3733

SPICE98 USAF E-4B Nightwatch east after some runway shots at Lincoln Muni Airport

 

Offutt AFB runway is being re-done and ops have transferred to Lincoln until that is finished

 

started in Dec 2020

Work officially begins replacing Offutt’s aging runway

...Phase 0 consists of a variety of preparatory contractor work prior to the full airfield closure in March 2021 that will help them meet the 18-month replacement schedule.

https://www.offutt.af.mil/News/Article/2443978/work-officially-begins-replacing-offutts-aging-runway/

Anonymous ID: f96b97 April 6, 2021, 12:09 p.m. No.43716   🗄️.is đź”—kun   >>3717 >>3723

#76

>>43631, >>43684 d'oh and bun

notabruhs, not endorsements

>>43653, >>43658, >>43662, >>43663, >>43671, >>43676, >>43685, >>43686, >>43694, >>43698, >>43704, >>43708, >>43711 planefaggin

>>43714 Biden’s DHS may restart construction on the U.S.-Mexico border wall to fill any “gaps” in the current barrier, says DHS Secretary Alejandro Mayorkas b911

>>43707 @PressSec on federal government supporting vaccine passports: ""The government is not now, nor will we be supporting a system that requires Americans to carry a credential. There will be no federal vaccinations database."-b911

>>43706 Qatari Royal Is Among Investors Exposed in Credit Suisse Supply-Chain Funds-bnnb'berg

>>43705 The University of Oxford says it is pausing the trial of the Oxford-AstraZeneca vaccine in children amid an investigation into the jab's possible link with blood clots - SKY and b911

>>43691 China Creates Its Own Digital Currency

>>43690 Iran rejects the offer to unfreeze $1 billion of its assets in return for 20% uranium enrichment suspension at #JCPOA talks in Vienna.

>>43677, >>43678, >>43680 Live Updates: 2 victims, suspect "down" in shooting near Army base in Frederick, Maryland

>>43669 Credit Suisse overhauls management as it takes $4.7 billion hit on Archegos

>>43661 EXCLUSIVE: Biden's DHS may restart border wall construction to plug 'gaps'

>>43657 Fidelity, Square, Coinbase Launch Bitcoin Trade Group

>>43652 "The Plan"

>>43647 "Situational Awareness and Actionable Intelligence

>>43641, >>43642, >>43645, >>43646, >>43650 Everything we need is at our reach.

#76

 

>>43715

here ya go