Banks

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…

3 weeks ago

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…

3 weeks ago

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…

3 weeks ago

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…

3 weeks ago

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…

3 weeks ago

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…

3 weeks ago