Lord Jo Johnson, younger brother of former British Prime Minister Boris Johnson, has bowed out of a high-profile role with a global investment bank that reportedly has links to the Adani empire. Since...
Tag: Bank
Bank of China ex-advisor calls Beijing to reconsider crypto ban
The idea of lifting the cryptocurrency ban has started floating in China as a former central bank official has called the country to review its stringent crypto restrictions. Huang Yiping, a former me...
Bank of England’s Andrew Bailey tempers talk of pause, pivot in hikes
Governor of the Bank of England Andrew Bailey has talked down expectations that the central bank is readying to pause or pivot rate hikes. Yui Mok | Afp | Getty Images LONDON — The Bank of England on ...
Bank Secrecy Act Officer Amid Anchorage Digital’s Latest Hires
Anchorage Digital Bank has added and promoted a slew of C-suite executives focused on security and compliance, citing the crypto industry’s “flight to quality” following events such as the crash of FT...
‘I’m stretched thin.’ I’m 23 and make $75K a year living in the Northeast. But between rent and other bills I have ‘very little’ in the bank each month. Should I hire a pro to help?
Question: I’m 23 and living in a high-cost area in Rhode Island. I make a $75,000 salary, plus monthly bonuses that will hopefully get me near six figures by the end of the year. I’ve worked full time...
Bank of England Projects Inflation Will Fall of a Cliff as it Hikes by 0.5% – Trustnodes
Disinflation is on. That’s according to projections by the Bank of England (BoE) which said “we expect inflation to fall quickly this year.” A quick dive is forecasted that expects inflation to fall t...
Bank of England Expects Deflation as it Hikes by 0.5% – Trustnodes
Deflation is coming. That’s according to projections by the Bank of England (BoE) which said “we expect inflation to fall quickly this year.” A quick dive is forecasted that expects inflation to fall ...
Bank of England hikes rates by 50 basis points, now sees ‘much shallower’ recession than feared
A passageway near the Bank of England (BOE) in the City of London, U.K., on Thursday, March 18, 2021. Hollie Adams | Bloomberg | Getty Images LONDON — The Bank of England on Thursday hiked interest ra...
King Charles III Won’t Appear On Australia’s New Banknotes
Topline King Charles III will not feature on Australia’s new $5 banknote, the country’s central bank announced on Thursday, a divisive step as Britain’s former colonies reevaluate their ties to the mo...
This Bank Ends loans Secured By Crypto Mining Rigs, What’s Ahead?
A crypto-friendly bank, BankProv, has recently announced that it will no longer offer loans backed by crypto mining rigs. Previously, the bank offered such loans as a way for clients to fund their min...
Deutsche Bank smashes profit expectations in fourth quarter as higher interest rates bolster revenue
A statue is pictured next to the logo of Germany’s Deutsche Bank in Frankfurt, Germany, September 30, 2016. Kai Pfaffenbach | Reuter Deutsche Bank on Thursday reported its 10th straight quarter ...
BlackRock raised Stakes in Crypto Bank, Causing Silvergate Capital shares to Jump
The crypto-focused bank seems to be having a sigh of relief after spending time after it came to light that the bank had some accounts of FTX and Alameda used to move users’ funds. It’s st...
Crypto-friendly bank ends loans backed by mining rigs: Details inside
BankProv will no longer provide loans secured by cryptocurrency mining rigs after writing off $47.9 million in loans. Mining rigs that secured loans have been forced to sell equipment during the sever...
This banking system is set to become the first FDIC-insured bank to offer crypto services – Cryptopolitan
On Wednesday, LevelField declared its ambition to become the first Federal Deposit Insurance Corporation(FDIC)-insured bank to offer digital asset services after acquiring Burling Bank. Not only will ...
Core Scientific to borrow millions from investment bank after court approval
Core Scientific has received permission from the bankruptcy court to borrow up to $70 million from B. Riley. The new credit facility will replace an existing one that was extended by B. Riley in Decem...
European Investment Bank issues first-ever sterling pound digital bond on blockchain
The European Investment Bank (EIB) has announced the issuance of its first-ever sterling-denominated digital bond, leveraging both public and private blockchains. According to EIB, the digital bond wo...
Lebanese central bank devalues currency by 90%
The central bank of Lebanon has announced that it has devalued the Lebanese pound by 90%. Has Bitcoin’s time truly arrived? Lebanese central bank governor Riad Salameh announced on Tuesday that the ne...
ChromaWay and the Inter-American Development Bank Collaborate to Improve Property Registration using the Chromia Blockchain
Stockholm, Sweden, 1st February, 2023, Chainwire According to a recent report published by the IADB, the LAC PropertyChain pilot shows that “complex property transactions can be sufficiently modeled, ...
DekaBank, the Largest German Bank to Offer Crypto Services
DekaBank has partnered with METACO, a Switzerland-based cryptocurrency firm, to offer crypto-related services. As Bitcoin rallied over 40% in 2023, crypto adoption has started to kick in. Brands have ...
Bitcoin Soars to $37K in Nigeria as Apex Bank Enforces Digital Cash
BTC costs 17.2 million NGN, equivalent to $37,450 by the official exchange rate. Ethereum costs 1.1 million NGN, equivalent to $2,575, instead of the global $1,569. Nigerian government recently banned...
Ripple Working With Central Bank of Montenegro on New Digital Currency Pilot Program, According to Prime Minister
San Francisco payments company Ripple is teaming up with the Central Bank of Montenegro to work on a novel digital currency pilot program. Montenegro Prime Minister Dr. Dritan Abazovic says that his c...
Montenegro Central Bank to Collaborate with Ripple on CBDC Pilot
The Prime Minister of Montenegro, Dritan Abazović, announced via Twitter that the country’s central bank is exploring a central bank digital currency (CBDC) in collaboration with Ripple (XRP). The Mon...
Ripple Teams Up With Montenegro Central Bank For CBDC Launch
5 hours ago | 2 mins read Blockchain News The country’s Prime Minister allegedly met with Ripple CEO Brad Garlinghouse. Ripple’s advisers have been touting multiple pilots in process for the CBDC. Mon...
Montenegro’s central bank teams up with Ripple on digital currency pilot project
Montenegrin Prime Minister Dritan Abazović has announced on Twitter that his country is pursuing a digital currency in conjunction with Ripple. Abazović met with Ripple CEO Brad Garlinghouse and vice ...
JPMorgan Analyst Explains How His Bank Sees Tesla’s Stock Performing Moving Forward
Buoyed by steady share price increases since the beginning of the year, Tesla (TSLA) – Get Free Report CEO Elon Musk sounded bullish on the stock during an earnings call Jan. 25. Having opened ...
Ripple and the Central Bank of Montenegro are creating a CBDC – Cryptopolitan
On Twitter, the Prime Minister of Montenegro, Dritan Abazovi, made the announcement that his nation is exploring the possibility of establishing a digital currency in collaboration with Ripple. At Dav...
Exploring the puzzling logic behind Canada’s central bank policies
Canada’s central bank hiked interest rates yet again as part of its objective to keep inflation near its target of 2%. To achieve this goal, the central bank implements changes in its monetary policy....
Chinese central bank former exec explains why China is wary of crypto – Cryptopolitan
Professor of finance and economics at Peking University’s National School of Development and former member of the People’s Bank of China’s Monetary Policy Committee Huang Yiping explains in a piece by...
Is Bitcoin the Next Frontier for Central Bank Investments?
In recent years, many countries have boosted their imports of precious metals, including gold and silver, as a way to diversify their reserves and protect against economic uncertainty. Now, some exper...
Silicon Valley’s dearest bank in major trouble
Join Our Telegram channel to stay up to date on breaking news coverage The good news about Sam Bankman Fried’s bitcoin empire’s demise is that it did not cause a contagion or send shockwaves through t...