News of the fund comes just days after rival bank Morgan Stanley confirmed that it was offering Bitcoin investment opportunities to wealthy clients.
Pershing, which has some $2 trillion in assets, will now operate as two segments: Wealth Solutions and Institutional Solutions.
Blue Origin, the space rocket company backed by Bezos, is formally challenging the $2.9 billion moon lander contract awarded by NASA to Musk’s SpaceX.
UBS Group AG disclosed an $861 million hit from the implosion of Archegos Capital Management and vowed to improve risk management.