Latest news with #WealthManagement
Finextra
17 hours ago
- Business
- Finextra
Arab Bank Switzerland to launch yield-bearing bitcoin product wor HNW clients
XBTO, a global leader in institutional digital asset management, today announced a strategic partnership with Arab Bank Switzerland that will enable the Swiss private bank to launch a sophisticated Bitcoin yield product for its wealth management clients. 0 The collaboration leverages XBTO's proprietary "Diamond Hands" strategy to provide Arab Bank Switzerland's clientele with an actively managed approach to generating yield on their Bitcoin holdings. The partnership addresses growing client demand for yield-generating cryptocurrency products within a comprehensive regulatory framework and institutional oversight structure. This offering will be branded as an "Arab Bank Switzerland product powered by XBTO," preserving established client relationships while expanding investment capabilities through proven institutional digital asset management expertise. "Today's announcement marks a significant milestone in our strategy to work with leading traditional financial institutions," said Karl Naim, Chief Commercial Officer and General Manager for UAE at XBTO. "Arab Bank Switzerland's six-year digital asset infrastructure development, combined with direct client demand for Bitcoin yield products, created the perfect foundation for this collaboration." Arab Bank Switzerland, which has offered Bitcoin custody services through its partnership with Taurus since 2019, identified a specific gap in their digital asset offerings. While the bank provided custody and loan-to-value lending against Bitcoin, high-net-worth clients specifically requested active yield-generating opportunities. "We have seen growing demand from our wealth management clients for ways to generate yield on their Bitcoin holdings within a properly managed risk framework," said Romain Braud, Head of Digital Assets at Arab Bank Switzerland. "This collaboration will position Arab Bank Switzerland as the first traditional Swiss private bank to offer an integrated, bank-branded Bitcoin yield product,while maintaining the personal relationship and fiduciary care clients expect from private banking.' XBTO's "Diamond Hands" strategy employs an options-based methodology designed to generate yield while strategically accumulating Bitcoin during market opportunities. The approach uses existing Bitcoin holdings as collateral for options transactions, generating premiums while positioning for accumulation during market pullbacks. "The maturation of institutional digital asset demand requires sophisticated solutions that go beyond simple exposure," said Javier Rodriguez-Alarcon, Chief Investment Officer and Head of Asset Management at XBTO. "This partnership demonstrates how established wealth managers can integrate crypto solutions while maintaining fiduciary responsibility through rigorous risk management and institutional oversight. Our approach prioritizes capital preservation and consistent yield generation over speculative trading." The collaboration sets a precedent for traditional financial institutions seeking to offer structured, compliant cryptocurrency products within existing client relationships rather than directing clients to external providers. With regulatory frameworks maturing and institutional demand accelerating globally, this partnership is expected to serve as a model to drive similar collaborations across the wealth management sector, positioning both firms at the forefront of the digital asset integration into traditional finance.
Zawya
21 hours ago
- Business
- Zawya
XBTO partners with Arab Bank Switzerland to launch innovative Bitcoin yield product
GENEVA, SWITZERLAND – X BTO, a global leader in institutional digital asset management, today announced a strategic partnership with Arab Bank Switzerland that will enable the Swiss private bank to launch a sophisticated Bitcoin yield product for its wealth management clients. The collaboration leverages XBTO's proprietary "Diamond Hands" strategy to provide Arab Bank Switzerland's clientele with an actively managed approach to generating yield on their Bitcoin holdings. The partnership addresses growing client demand for yield-generating cryptocurrency products within a comprehensive regulatory framework and institutional oversight structure. This offering will be branded as an "Arab Bank Switzerland product powered by XBTO," preserving established client relationships while expanding investment capabilities through proven institutional digital asset management expertise. "Today's announcement marks a significant milestone in our strategy to work with leading traditional financial institutions," said Karl Naim, Chief Commercial Officer and General Manager for UAE at XBTO. "Arab Bank Switzerland's six-year digital asset infrastructure development, combined with direct client demand for Bitcoin yield products, created the perfect foundation for this collaboration." Arab Bank Switzerland, which has offered Bitcoin custody services through its partnership with Taurus since 2019, identified a specific gap in their digital asset offerings. While the bank provided custody and loan-to-value lending against Bitcoin, high-net-worth clients specifically requested active yield-generating opportunities. "We have seen growing demand from our wealth management clients for ways to generate yield on their Bitcoin holdings within a properly managed risk framework," said Romain Braud, Head of Digital Assets at Arab Bank Switzerland. "This collaboration will position Arab Bank Switzerland as the first traditional Swiss private bank to offer an integrated, bank-branded Bitcoin yield product,while maintaining the personal relationship and fiduciary care clients expect from private banking.' XBTO's "Diamond Hands" strategy employs an options-based methodology designed to generate yield while strategically accumulating Bitcoin during market opportunities. The approach uses existing Bitcoin holdings as collateral for options transactions, generating premiums while positioning for accumulation during market pullbacks. "The maturation of institutional digital asset demand requires sophisticated solutions that go beyond simple exposure," said Javier Rodriguez-Alarcon, Chief Investment Officer and Head of Asset Management at XBTO. "This partnership demonstrates how established wealth managers can integrate crypto solutions while maintaining fiduciary responsibility through rigorous risk management and institutional oversight. Our approach prioritizes capital preservation and consistent yield generation over speculative trading." The collaboration sets a precedent for traditional financial institutions seeking to offer structured, compliant cryptocurrency products within existing client relationships rather than directing clients to external providers. With regulatory frameworks maturing and institutional demand accelerating globally, this partnership is expected to serve as a model to drive similar collaborations across the wealth management sector, positioning both firms at the forefront of the digital asset integration into traditional finance. Media Contacts For XBTO: Athraa Bheekoo Luna PR athraa@ For Arab Bank Switzerland: Barbara Mahe, Consultancy32: Lina Lahlou, Consultancy32: About XBTO From asset management to capital markets, XBTO helps clients capture opportunities in the age of digital assets. Founded in 2015 as a proprietary trading firm, XBTO built its foundation through nearly a decade of active participation in digital asset markets. Since 2023, XBTO has expanded into a full-service crypto quantitative investment firm. With a strong focus on Bitcoin, XBTO delivers risk-adjusted strategies across the alpha–beta continuum designed to perform across market cycles and regulatory environments. With decades of experience earned at the world's leading financial institutions and deep expertise in digital markets, XBTO brings a rare combination of financial discipline and digital-native insight. XBTO operates under robust regulatory oversight, with operating entities regulated by the Bermuda Monetary Authority and the Financial Services Regulatory Authority in Abu Dhabi. It operates from key financial hubs including Bermuda, New York, Miami, London, Paris, and Abu Dhabi. About Arab Bank (Switzerland) Ltd. Arab Bank (Switzerland) Ltd. was established in Switzerland in 1962 and serves as a bridge between the Middle East and the West. For more than 60 years, the Bank has been a trusted partner of established businesses, high net worth individuals and ambitious entrepreneurs with close ties in the MENA region. It is the independent sister company of Arab Bank Plc, one of the largest banks in the Middle East.
Yahoo
a day ago
- Business
- Yahoo
What is the TINA trade?
The TINA trade is back. "TINA" stands for There Is No Alternative. On Wall Street, more people use the acronym to say that there are no alternatives to stocks. But Northwestern Mutual Wealth Management chief portfolio manager Matt Stucky doesn't think that's the case right now. Find out why in the video above. To watch more expert insights and analysis on the latest market action, check out more Wealth here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Zawya
a day ago
- Business
- Zawya
Barclays hires former HSBC private banker Farzad Billimoria in UAE
Farzad Billimoria has been appointed as the head of Private Bank for the UAE at Barclays. Barclays, which marks its 50th year in the country, is positioning itself to drive growth in private banking and wealth management. The bank is chasing market share in the Middle East and Asia. Billimoria will be based in Dubai and report to Annabelle Bryde, Barclays' head of Private Bank International. Billimoria served as the Senior Executive Officer and Head of Private Bank for the UAE at HSBC. He left HSBC amid the recent leadership changes that came as part of the restructuring efforts under CEO Georges Elhedery. (Reporting by Brinda Darasha; editing by Seban Scaria)
Zawya
a day ago
- Business
- Zawya
Farzad Billimoria to join Barclays as Head of Private Bank for the UAE
Dubai – Barclays today announces the appointment of Farzad Billimoria as Head of Private Bank for the United Arab Emirates (UAE). Farzad will be responsible for leading the Private Bank in the UAE, overseeing the local team and its governance, and driving the growth of the UAE business as a strategic hub for the broader Middle East region and international corridors. Based in Dubai, Farzad will join the bank on 1 July (subject to regulatory approval), reporting to Annabelle Bryde, Barclays' Head of Private Bank International. Farzad brings 30 years of expertise in financial services, including rich experience across Private Banking, Wealth Management and Retail Banking. Most recently, Farzad served as the Senior Executive Officer and Head of Private Bank for the UAE at HSBC where he drove the bank's strategy in the region. During his tenure and having lived in the UAE for over two decades, Farzad led a team that established HSBC Private Bank (Suisse) SA offices in the Dubai International Financial Centre (DIFC) Branch and Abu Dhabi Global Market (ADGM). He also launched the first onshore Private Bank booking centre for HSBC in the UAE. Additionally, he managed the growth of the Non Resident Indians (NRI) business in the region and has handled some of the UAE's largest ultra-high-net-worth (UHNW) client portfolios and relationships. 'The Middle East presents significant growth opportunities for Barclays with its expanding influence on global markets and increasing wealth generation,' said Annabelle Bryde, Head of Private Bank International, Barclays. 'We are excited to welcome Farzad, who brings with him a strong blend of leadership and extensive local market experience. His appointment reflects our ambition to further elevate the importance and priority of the region, alongside accelerating our growth plans in the UAE.' Khaled El Dabag, CEO of Middle East and North Africa, Barclays added, 'We look forward to welcoming Farzad to the team and leveraging his experience and knowledge to continue to drive growth and deliver exceptional value to our clients.'
