New numbers show two of the largest banks in the US are witnessing billions of dollars in deposit flight. Quarterly earnings data shows Citigroup’s deposits dropped from $1.3305 trillion in...
New numbers show two of the largest banks in the US are witnessing billions of dollars in deposit flight. Quarterly earnings data shows Citigroup’s deposits dropped from $1.3305 trillion in...
A group of former Citigroup executives plans to offer bitcoin-backed securities they say don't need to be approved by the U.S. Securities and Exchange Commission (SEC). Receipts Depositary Corp. (RDC)...
The Consumer Financial Protection Bureau (CFPB) says it’s ordering financial giant Citibank to shell out over a million dollars to potential customers who were treated like criminals. In a press...
Three of America’s biggest banks just watched $84.5 billion worth of deposits disappear in a single quarter. JPMorgan Chase, Wells Fargo and Citi all recorded an outflow of deposits in...
Hundreds of billions of dollars in deposits has left America’s four biggest banks in the past year, according to new data from S&P Global. In a new market report, S&P...
Rather than an open network like Ethereum, Citi and JPMorgan use a private version of the blockchain.Franklin Templeton says private blockchains will fade next to fast-innovating public utility chains.Eventually, the...
The venture capital industry appears to be gearing up for portfolio rebalancing in 2024, with investors positioning themselves to increase exposure to digital assets in the next bull market. Blockchain...
The new blockchain-based service will use tokenized deposits for trading and liquidity services after two pilots. 412 Total views 3 Total shares Citigroup has introduced Citi Token Services, a private,...
The investment bank has downgraded Coinbase stock to “neutral" amid the exchange’s ongoing battle with United States regulators. 5242 Total views 4 Total shares Own this piece of history Collect...
US banking giant Citigroup believes that blockchain and crypto assets are likely destined for mass adoption and hyper growth. In a new report titled “Money, Tokens, and Games: Blockchain’s Next...