The US Department of Justice has agreed settlements with Deutsche Bank and Credit Suisse over the sale of residential mortgage-backed securities worth more than $10 billion, and brought civil charges against Barclays...
Overstock.com has become the first public company to offer its shares for trading via blockchain...
Blackrock Fund Advisors has become the first US-based asset manager to be awarded an RQFII licence, allowing it to invest directly into China’s domestic capital markets...
Paxos, the financial technology company focused on blockchain solutions, has appointed Duncan Niederauer, former CEO of the New York Stock Exchange, to its board of directors...
BNY Mellon has named Christopher Mager as head of its new innovation group within the treasury services business...
Blockchain consortium R3 is seeking to recapture investor confidence after a spate of high profile banks withdrew their support for the project by signing on Calypso Technology to develop a capital markets post-trade blockchain application...
Hazeltree has appointed Ayman Sakr to the position of head of worldwide client services...
R3 and ten of its consortium banks have developed proof-of-concept for a shared know-your-customer (KYC) service using distributed ledger technology to help manage identity controls...
