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Europe's Economic Crossroads: Recession Fears and S&P Global's
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Will Blockchain Technology Mark a Turning Point in Fraud
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7 Things We Wish Someone Had Told Us Before We Started Trading
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Europe's Economic Crossroads: Recession Fears and S&P Global's
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Will Blockchain Technology Mark a Turning Point in Fraud
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7 Things We Wish Someone Had Told Us Before We Started Trading
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News
SocGen and Santander Among 75 Banks to Join JPMorgan Blockchain System
2018-09-25T15:53:54.000+02:00
The firm patented the the Interbank Information Network in October 2017 with only two partners.
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Executive Moves
Barclays Reinforces Equities Unit With Tranche of New Hires
2018-08-09T12:52:59.000+02:00
The new hires include Warren Ackerman and Michael Sanderson, along with four other analysts
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Executive Moves
Goldman Sachs, JPMorgan Strengthen Algo Trading Units With New Hires
2018-08-08T12:49:57.000+02:00
Banks have been quickly scooping up top-tier talent in the algo trading arena
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News
Hong Kong Banks, Watchdog Announce Joint Blockchain Project
2018-07-17T14:25:02.000+02:00
Trade finance platform by Hong Kong Monetary Authority and seven banks is intended to modernise trade finance.
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News
Bank of Finland: Tokens are Imaginary, Cryptocurrency is a Fallacy
2018-07-12T14:15:03.000+02:00
"Currency cannot be digitised" says the Bank of Finland's Head of Digitalisation.
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Execution
LCH ForexClear Implements New FX Options Clearing Service
2018-07-11T14:07:24.000+02:00
LCH's FX options clearing service will aim to reduce settlement and counterparty risk
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News
South Korean Banks Holding Billions of Dollars in Cryptocurrency
2018-07-09T12:13:26.000+02:00
The Central Bank of Korea releases a report just after new laws legitimise cryptocurrency businesses.
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Indian Supreme Court Upholds Cryptocurrency Ban
2018-07-03T12:34:00.000+02:00
The court is due to release a draft of cryptocurrency regulation "in the first fortnight of July."
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News
Four European Banks Process Live Trades with Blockchain System
2018-07-03T10:05:00.000+02:00
A business must be a customer of one of the owner banks to use we.trade.
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Regulation
Are Banks Prepared for Brexit? European Banking Authority Not Convinced
2018-06-25T20:00:03.000+02:00
The EU’s top banking regulator strikes a much harsher tone than other UK supervisors
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Technology
RBC Plans $3.2b in Tech Spending, Targeting Client Acquisition
2018-06-14T13:26:53.000+02:00
RBC is pushing for a growing emphasis on AI, digital services, and social media, but is it enough?
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News
South Korean Banks to Implement Blockchain ID System
2018-06-13T11:41:23.000+02:00
Meanwhile, the Dutch central bank concluded that the technology is not ready to handle the financial market.
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News
FCA: Banks Should Apply 'Enhanced Scrutiny' on Cryptocurrency Customers
2018-06-12T12:42:12.000+02:00
UK watchdog sends letter to bank CEOs with some advice.
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News
SWIFT Head of Banking: "What Problems Are You Trying to Fix?"
2018-06-06T11:32:29.000+02:00
Ripple CEO says that the world is "relying on rails built 50 years ago".
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News
Cryptocurrency Experts Say that Blockchain Is Just a Very Slow Database
2018-06-01T12:04:39.000+02:00
"I will say Bitcoin because Bitcoin is the future and blockchain is bullshit."
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Bank of England Continues to Float Possibility of State-Backed Crypto
2018-05-29T10:41:49.000+02:00
Mark Carney has reiterated the benefits of blockchain, though noted it’s not a top priority for the bank
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News
Weiss Rating Agency: Cryptocurrency is More Trustworthy than Banks
2018-05-24T11:45:49.000+02:00
Meanwhile, the head of the central bank of Spain warns that the "spurious novelties" should be tackled ASAP.
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Prime Brokerage
Deutsche Bank Takes Aim at Equities Segment, Cutting 7,000 Jobs
2018-05-24T10:10:10.000+02:00
Will the fresh cuts under a new CEO finally score a rebound for Deutsche Bank?
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Brokers
European Authorities Urge Financial Firms to Keep Planning for Brexit in 2019
2018-03-21T12:12:18.000+02:00
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Brokers
UK Financial Firms Facing Tough Brexit Hurdles from the European Union
2018-03-07T14:46:42.000+02:00
The response from European leaders to Theresa May’s plans for Brexit signals tough times ahead.
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Prime Brokerage
Prime Brokerage FX Trading Desks See Higher Volumes as Volatility Continues
2018-02-14T18:33:46.000+02:00
Volatile markets since the start of the year are now expected to return banks’ trading desks to “normal”.
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Prime Brokerage
Credit Suisse Incurs $1.05b Yearly Loss Due to US Tax Writedown
2018-02-14T11:04:51.000+02:00
The lender has proposed a reduced dividend given a one-time tax writedown of $2.47 billion in 2017
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Executive Moves
FlexTrade Secures Paul Alves as SVP & Global FX Business Development
2018-02-01T17:27:46.000+02:00
Mr. Alves will oversee FlexTrade's expansion of its buy-side solutions suite as it targets asset managers.
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News
Indian Banks Suspending Accounts of Multiple Bitcoin Exchanges
2018-01-22T14:41:34.000+02:00
Suspicious transactions have drawn the attention of banks, with an investigation of other accounts pending
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News
South Korea Progressing on Road to Cryptocurrency Regulation
2018-01-22T12:53:41.000+02:00
South Korean authorities and established firms continue to grapple with cryptocurrency.
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