Latest News for: Banking wholesale

Edit

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.
Edit

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, ...
Edit

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.
Edit

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.
Edit

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.
Edit

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.
Edit

DBG welcomes German parliamentarians in a strategic dialogue on economic empowerment and green financing

B & FT Online 12 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.
Edit

Behind the numbers: Techcombank’s vision for growth

Vietnam News 12 Apr 2024
It has helped Techcombank achieve near zero credit defaults in its wholesale banking division, and build an unparalleled franchise in the high net-worth and affluent segments, establishing banking ...
Edit

Chairman of Swiss National Bank Says No Need for CBDCs To Be Issued to Public: Report

The Daily Hodl 10 Apr 2024
Thomas Jordan, chairman of the Swiss National Bank (SNB), reportedly believes that the risks of a retail central bank digital currency (CBDC) outweigh the benefits ... Last year, the SNB launched a “wholesale” central bank digital currency pilot program.
Edit

Stock market today: Wall Street falls following hotter-than-expected reading on inflation

The Call 10 Apr 2024
The government reports figures on wholesale inflation Thursday ... The latest consumer inflation data will be followed this week by another report on prices at the wholesale level ... U.S.'s biggest banks.
Edit

Stock market today: Wall Street leans toward gains ahead of the release of new inflation numbers

The Call 10 Apr 2024
The latest consumer inflation data will be followed this week by another report on prices at the wholesale level. Investors will also be paying attention to earnings reports from companies including some of the U.S.'s biggest banks.
Edit

Swiss central bank believes retail CBDCs could destabilize financial system

Cryptoslate 09 Apr 2024
Swiss National Bank (SNB) Chairman Thomas Jordan said the central bank “sees no need” to issue a central bank digital currency (CBDC) for public use despite the benefits of a wholesale version.
Edit

ECB and Clearstream launch joint effort to explore tokenized securities in CBDC trials

Cryptopolitan 09 Apr 2024
... depository, Clearstream, is scheduled to take part in the European Central Bank’s (ECB) pilot tests for a digital euro, with an emphasis on the wholesale central bank digital currency (CBDC) segment.
Edit

India empowers non-payment operators to offer CBDC wallets

Cryptopolitan 07 Apr 2024
Reserve Bank of India (RBI) has announced an expansion of wallet providers of its Central Bank Digital Currency (CBDC) wallet ... The bank clarified that it is presently carrying out a pilot test on the retail and wholesale aspects of the CBDC.
Edit

RBI proposes allowing non-bank payment system operators to offer CBDC wallets

Business Line 05 Apr 2024
CBDC pilots in both the�Retail and Wholesale segments are currently underway with more use cases and more participating banks. Currently, only banks are allowed to issue CBDC wallets under the pilot.

Most Viewed

Bitcoin (BTC) is a consensus network that enables a new payment system and a completely digital currency, Nov. 24, 2019.
Creative Commons / Pixabay/pattymalajak
Abortion rights supporters hold signs at a Stop Abortion Bans Rally in St Paul, Minnesota in United States, 22 May 2019
Creative Commons / Lorie Shaull
×