A POTENTIAL new form of digital money — deposit tokens issued by banks on blockchain — may become more widely used than stablecoins, a JPMorgan Chase & Co study found.
THE decline in cryptocurrencies gained momentum on Thursday (Feb 9) as signs of a regulatory crackdown on the industry and a broader pullback from risk assets weighed on investor sentiment.
BANK of England (BOE) governor Andrew Bailey and his colleagues said there were risks that inflation could remain well above the UK’s 2-per-cent target for some time.
The Indian government announced on Thursday (Feb 9) that it hopes to raise a minimum of 80 billion rupees (S$1.28 billion) through the sale of a second tranche of sovereign green bonds.
CREDIT Suisse Group warned it expects a substantial loss this year after clients pulled a record amount of funds in the final three months of 2022, capping the bank’s worst annual performance since the financial crisis.
GLOBAL investment banks including JPMorgan Chase & Co and UBS Group are renewing efforts to gauge investor interest in Chinese developer bond sales, in hopes of revitalising a key business following a yearlong deal drought.
JPMORGAN Chase & Co, the largest US lender, plans to hire more than 500 bankers catering to small businesses through 2024, the company said on Wednesday (Feb 8).
DEUTSCHE Bank’s asset management arm is in talks to invest in two German cryptocurrency firms as part of efforts to revive growth, according to people familiar with the matter.
