Global Banks Reportedly Limit Service in Hong Kong for Political Reasons
Global banks are scanning clients in Hong Kong on potential political ties amid protests over China-initiated national security law. Go to Source Powered by WPeMatico
Credit Suisse
Auto Added by WPeMatico
Paxos’ DLT Settlement Platform Is Live With Credit Suisse and Instinet
Paxos rolls out its blockchain-based settlement platform with Swiss financial services firm Credit Suisse and Nomura Group-owned Instinet Go to Source Powered by WPeMatico
BNY Mellon and Credit Suisse Involved in Telegram’s $1.7B Sale: Report
BNY Mellon and Credit Suisse were reportedly investors in Telegram’s $1.7 billion Gram token sale Go to Source Powered by WPeMatico
Deutsche Boerse’s DLT Security Lending Platform Sees First Transactions
Three major banks carried out the first transactions on Deutsche Boerse and HQLAX’s DLT-enabled security lending platform Go to Source Powered by WPeMatico
Credit Suisse Is Latest Bank to Charge Clients for Cash Deposits
In a normal world savers are expected to receive compensation for giving their money to the bank. Instead, due to negative interest rates, we are now seeing more financial institutions actually charging their clients for fiat cash deposits, with Credit Suisse the latest big bank to join in on this practice. Also Read: Banking Giant … Read more
PR: SMART VALOR Lists Bitcoin Cash & Offers Users 10% Cash Back in Crypto
The first Swiss company to operate an integrated cryptocurrency exchange and custody, SMART VALOR, has added Bitcoin Cash to its range of listed tokens.Why does this matter and what’s in it for buyers? The listing of Bitcoin Cash (BCH) on SMART VALOR matters, because it is the first fully compliant and licensed exchange launched out … Read more
Passing the Burden of Negative Rates to Bank Clients Opens Door for Cryptocurrencies
Record low and negative interest rates have put commercial banks in a difficult spot. Across Europe, they have been passing the burden to their clients. Some have introduced fees for those with large account balances, while others are punishing everybody equally. In any case, some bankers fear this could lead to withdrawal of large amounts … Read more
Mike Novogratz’s Galaxy Digital Hires Former Cumberland Exec
Mike Novogratz’s Galaxy Digital hired a former Cumberland executive as head of global sales Go to Source Powered by WPeMatico
Credit Suisse Exec Says Bank Culture Holds Back Adoption of Blockchain
Head of digital market assets at Credit Suisse, Emmanuel Aidoo, said that the culture within banks holds them back from adopting blockchain Go to Source Powered by WPeMatico
1.3 Million Leaked Transactions Link Major Banks to $8.8 Billion Money Laundering Scheme
A new set of reports by the Organized Crime and Corruption Reporting Project, compiled from over 1.3 million leaked transactions from 238,000 companies, have linked many major banks to a scheme to channel billions of dollars out of Russia. The Troika Laundromat is unique in that “it was created by a prestigious financial institution.” Also … Read more
