Tag
banking
14 articles
EU Banks Double MiCA Registrations to 80 Providers as Traditional Finance Grabs Market Share
Banking sector share of European crypto-asset service providers surges to 23 percent from 17 percent in three months, with German lenders leading the charge.
GENIUS Act Pushes Banks to Build Digital Asset Infrastructure
The stablecoin legislation passed in July 2025 has shifted financial institutions from regulatory hesitation to deploying side-core systems for blockchain transactions and tokenization.
DBS, Citi Move Tokenized Deposits Across SWIFT Ledger Over Weekend
The banks settled a cross-border transfer from Singapore to the U.S. in minutes on Saturday, bypassing conventional two-day settlement cycles via SWIFT's digital infrastructure.
Revolut Wins OCC Conditional Approval for U.S. Bank Charter
The London fintech secured preliminary clearance to operate as a national bank, pending Federal Reserve and FDIC sign-off before its targeted 2027 U.S. launch.
HDFC Bank CEO Jagdishan Confirms October Exit, Triggering Succession Hunt
Sashidhar Jagdishan will leave India's largest private lender when his term ends Oct. 26, ending weeks of speculation and opening the door to an internal or external replacement.
39 State Banking Groups Announce BankChain Alliance—Without Technical Specs or Bank Commitments
A consortium of state banking associations plans a blockchain network for tokenized deposits by 2027, but has not disclosed consensus mechanisms, governance structures, or secured participation from any major lender.
CBN Splits Liquidity Management From Inflation Fight in Money Market Overhaul
Nigeria's central bank opened OMO auctions to individuals and firms and lifted key bank borrowing restrictions, separating daily cash management from its rate-driven inflation strategy.
JPMorgan Raises Dividend 10%, Analysts See Path to $420 as Profit Hits Record
The largest U.S. bank posted $21.2 billion in net income for Q2—the biggest quarterly profit ever recorded by a U.S. bank—fueling bullish analyst revisions.
Wyden Report: Banks Enabled Epstein's Sex Trafficking, Laundered $1 Billion
A four-year Senate Finance Committee investigation concludes Deutsche Bank, JPMorgan Chase and Bank of America facilitated over $1 billion in suspicious transfers.
Swiss BancaStato Opens Regulated Trading in 4 Cryptos via Sygnum
Clients of cantonal bank BancaStato can now buy, sell and hold Bitcoin, Ether, Litecoin and Solana directly through its banking app, powered by Sygnum Bank's regulated infrastructure.
Banks Face $80 Billion Crypto Gap as Einhaus Pushes Integration
Financial strategist Lindsey Einhaus urged traditional institutions to evaluate digital asset options, citing clear market maturation and growing user demand
UOB Q1 Profit Drops 18% As Asia Banks Face Margin Pressure—10-Year Treasury Falls
Singapore bank's earnings miss signals tightening credit conditions across Asia-Pacific, driving flight to quality in global bond markets
Coinbase CLO: Banks 'Miffed' After Failed Push to Kill Crypto Yield Products
Paul Grewal said banking sector remains unhappy it could not eliminate crypto rewards, urging banks to accept regulatory clarity
Paxos CEO: Stablecoins Pose No Bank Threat Despite $8 Trillion Money Market Scale
Chad Cascarilla says stablecoins operate differently from money market funds, ensuring traditional banks maintain customer deposits and market share