Category: Banking

Read top-shelf banking news from the world.

The Wolrd Economic Forum says the next economic crisis could cause a global conflict

The Wolrd Economic Forum says the next economic crisis could cause a global conflict

The response to the 2008 economic crisis has relied far too much on monetary stimulus, in the form of quantitative easing and near-zero (or even n ...
Greece to abolish capital controls

Greece to abolish capital controls

Greece seems set to leave the days of the imposed capital controls behind, as the government will lift the €5,000 limit to transactions that have been ...
Bank of Tokyo – Mitsubishi (MUFG)  plans on integrating blockchain

Bank of Tokyo – Mitsubishi (MUFG) plans on integrating blockchain

Blockchain technology is already revolutionizing the way we make everyday transactions and interact with our smart devices. Mitsubishi UFJ Financial G ...
Sweden to become the first cashless society

Sweden to become the first cashless society

A century ago, Sweden was among the poorest countries in Europe, while today, it managed to climb up to the top spot along with world's most innovativ ...
Greek banks flagged as “green” for the first time after crisis

Greek banks flagged as “green” for the first time after crisis

Several Greek banks have passed the latest stress test, according to official bank statements. More specifically, Alpha Bank, Eurobank, Piraeus Ban ...
JP Morgan now has its own blockchain platform

JP Morgan now has its own blockchain platform

JP Morgan & Co, the company behind JP Morgan Chase bank and many historical legal formations including that of General Electric, after the merger ...
Guilty Plea From Once Deutsche Bank’s Star-Trader Christian Bittar

Guilty Plea From Once Deutsche Bank’s Star-Trader Christian Bittar

One of the highest-paid traders in Deutsche Bank AG, Christian Bittar, was accused and found guilty of manipulating Euribor submissions. His trial is ...
Financial Market Supervisory Authority (FINMA) To Treat Some ICOs As Securities

Financial Market Supervisory Authority (FINMA) To Treat Some ICOs As Securities

Regulatory guidelines published last Friday by Switzerland will allow professional investors to treat some initial coin offerings, or simply known as ...
Ripple’s Downfall Might Continue Due To Legal Issues

Ripple’s Downfall Might Continue Due To Legal Issues

According to Reuters, last year, New York-based blockchain startup R3 Holdco LLC has sued rival company Ripple Labs Inc. over a contract to purchase R ...
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