Standard Chartered To Launch Bitcoin, Ether Trading Desk In London
This new platform will be integrated with the bank's foreign exchange (FX) trading unit. The bank is reportedly working with ...
Beyond the Rate Cut: Challenges For The ECB’s Monetary Policy
As reported by Reuters, the European Central Bank (ECB) is poised to cut interest rates for the first time since ...
Customers Bank Offboards Crypto Funds, Caps Deposits over Risk Concerns
The lender's decision to off-board certain crypto hedge funds highlights challenges in accessing reliable banking services for crypto firms. Customers ...
Swiss Financial Giant UBS Completes Credit Suisse Merger
The merger means UBS now assumes all rights and obligations of Credit Suisse, including its outstanding debt instruments. UBS CEO ...
European Regulator Cautions Banks On AI Use: Innovation Vs Compliance
Concerns about AI integration, including algorithmic biases, data quality, and transparency, could compromise its benefits. ESMA emphasized the need for ...
UK’s Coventry Building Society Buys Co-operative Bank For $990 Million
The combined entity will have a balance sheet of £89 billion as of December 31. Coventry Building Society operates as ...
Troubled Lender Republic First Sold By Authorities To Fulton Bank: Report
The Federal Deposit Insurance Corporation facilitated Republic First's sale to safeguard depositors. Republic First's 32 branches in New Jersey, Pennsylvania, ...
Australian Securities And Investments Commission Investigates ANZ’s Role In 2023 Treasury Bond Sale
In a developing story reported by Reuters, Australia's leading banking institution, ANZ Group Holdings, finds itself under the watchful eye ...
Switzerland’s Central Bank Pilots Tokenization To Modernize Finance
The Swiss National Bank (SNB) is actively exploring how tokenization of financial assets could enhance payment security and efficiency, according ...
Wells Fargo Dips Toes Into Crypto With Bitcoin ETF Investments
Wells Fargo, a prominent American bank, revealed its investments in several Bitcoin exchange-traded funds (ETFs) in a recent regulatory filing. ...
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