Latest News for: Banking wholesale

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UPDATE 2-Japan brokerage Daiwa's Q4 profit more than doubles as markets recover

Hindustan Times 25 Apr 2024
TOKYO, - Daiwa Securities Group , Japan's second largest brokerage and investment bank, reported on Thursday a 131% year-on-year jump in quarterly net profit, helped by a record strong results in its asset management, wholesale and retail divisions.
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World Economic Forum Says 98% of Central Banks Are Preparing To Launch CBDCs As Finance ...

The Daily Hodl 23 Apr 2024
The organization argues that wholesale CBDCs (wCBDCs), which are restricted to large transactions between financial institutions, could address banking industry challenges related to interbank payments and securities transactions.
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The ‘finternet’ will be here soon — Are you ready?

Deccan Herald 23 Apr 2024
Its proposed Drex platform will be a unified ledger where wholesale tokenized central bank money, bank deposits, e-money, and treasury securities will coexist.
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Freedom for the Wolves

The Atlantic 22 Apr 2024
F. A ... Cheating would be rampant, trust low ... Enforcement of banking and environmental laws is weakened ... Too often that viewpoint is swallowed wholesale ... If the banks are not bailed out, the economic system will collapse, and everyone will be worse off ... .
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Crypto-Linked Money-Laundering Scheme Worth $230M Uncovered In Hong Kong

Bitcoinist 19 Apr 2024
The arrests were made following an investigation into suspicious activities involving “abnormally frequent” and large transactions in bank accounts lacking tax records, import and export declarations, and physical addresses.
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Wholesale Bathrooms in Glasgow Unveils Exciting Fitted Bathroom Packages Starting at £3,995

GetNews 18 Apr 2024
Glasgow, Scotland - Wholesale Bathrooms in Glasgow, the premier destination for high-quality, affordable bathroom solutions in Glasgow and the West of Scotland, is thrilled to announce the launch of their new fitted bathroom packages.
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Coventry Building Society makes £780m offer for Co-operative Bank

The Observer 18 Apr 2024
The bank traces its origins to the 1872 establishment of the Co-operative Wholesale Society, the body that would become the Co-operative Group, and provided financial services to the wider ...
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Stanbic Executive calls for involvement of financial institutions in wholesale electricity market

B & FT Online 17 Apr 2024
Sydney Nii Ayitey Tetteh, Executive Vice President, Energy and Infrastructure at Stanbic Bank Ghana, has emphasized the important role of financial institutions in the soon to be implemented wholesale electricity market.
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Soup's on: Hundreds gather at Empty Bowls 'to eat simply so that others may simply eat'

Palm Beach Daily News 17 Apr 2024
Proceeds benefit The Palm Beach County Food Bank, which procures food from grocery stores, farmers, food distributors, wholesalers, and other sources for almost 200 local community partners, including ...
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How a CBDC Could Reshape British Finance

Finance Magnates 15 Apr 2024
By enabling the direct settlement of wholesale transactions in central bank money, it could act as a firewall, reducing the reliance on interbank lending and mitigating the contagious spread of financial stress.
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UK Finance Taps R3 and Quant for Financial Technology Experimentation

Finance Magnates 15 Apr 2024
The project will leverage the insights and experience of major global banks and institutions to test various retail and wholesale payment use cases, encompassing areas such as delivery vs payment, ...
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DBG dialogues with German Parliamentarians

Business Ghana 14 Apr 2024
Ramona Simon, Deputy Head of Cooperation at the German Embassy in Ghana, alongside KfW Development Bank's officials,namely, Ms ... Development Bank Ghana is a wholesale financial institution established by the Government of Ghana.
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Digital currency, real impact on e-commerce

The Manila Times 13 Apr 2024
Enter Project Agila, an ambitious initiative by the Bangko Sentral ng Pilipinas (BSP), aimed at exploring the potential of a wholesale Central Bank Digital Currency (CBDC) in the Philippines.
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Apple, other tech shares bounce

The Manila Times 13 Apr 2024
Apple and other tech shares led US equities higher on Thursday following mixed inflation data and a European Central Bank decision that signaled a possible imminent interest rate cut ... Investors are looking ahead to earnings from major banks on Friday.
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It's Your Business: Kansas Hospital Association has new hire; FHLBank promotes officer

cjonline 13 Apr 2024
Hires ... She lives in Topeka.Promotions. Lance Liby has been selected as the new chief business officer for FHLBank Topeka, a wholesale bank that serves as a source of credit for member financial institutions in Colorado, Kansas, Nebraska and Oklahoma.

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