Citi backs stablecoin company as big banks shift to crypto
BVNK co-founders (from left) Donald Jackson, Jesse Hemson-Struthers and Chris Harmes, at the company's San Francisco office.BVNKCiti has invested in ...
Tag: Banks
Standard Chartered warns of $1 trillion deposit flight from emerging banks as stablecoins surge
Standard Chartered has warned that the rapid growth of US dollar-backed stablecoins could attract up to $1 trillion in deposits ...
Cocoa prices fall as investment banks warn of ‘extreme’ selling
A farmer cutting a cocoa pod to harvest the beans inside on a farm in Azaguie, Ivory Coast, Friday, November ...
Revolut wants to attack Indian banks and at their “criminal” exchange costs
The British Fintech Revolut - currently launched in India - says that cross -border payments remain one of the most ...
RBI evokes changes in credit risk standards for banks
The reserve bank proposed on Tuesday replacing the provisioning framework based on losses incurred by a provisioning based on expected ...
Spinoff HSBC: Bank’s main leaders face Tense shareholders in Hong Kong calling for a breakup
Hong Kong Cnn - The best HSBC brass defended their strategy on Monday on the shareholders frustrated on the largest ...
