Former JPMorgan senior executive Blythe Masters rebuffed a proposal to join Barclays, as she is committed to continue her work at the blockchain startup Digital Asset Holdings.
Barclays identifies three main use cases for a digital pound: personal payments, merchant payments, and secure transactions for goods and services.
The move by JPMorgan and Apollo comes at a time when various traditional finance institutions are increasingly expressing interest in blockchain technology.
The acquisition of a banking license in the UK could open up new revenue streams for Revolut, allowing the company to generate interest income at a time when interest rates are at multi-year highs.
However, BNP Paribas is not immune to the challenges faced by many of its peers in the banking industry.
Despite facing challenges, the bank managed to report a net profit of £1.27 billion ($1.56 billion) for the quarter, slightly exceeding expectations of £1.18 billion.
The Arm filing confirmed that the deal with Apple will last beyond 2040, while assuring that its relationship with other tech giants continue.
Arm was acquired by SoftBank in 2016 for $32 billion and expects to return to public trading to compete with other chip designers and manufacturers.
Amazon is looking to anchor the IPO and has joined Nvidia, Apple, Intel, TSMC, and Samsung in official talks with Arm Ltd.
To counter the margin pressure, Barclays announced plans for a share buyback of up to £750 million.
Several top Wall Street firms stated that Coinbase is likely to benefit the most from the improved confidence and regulatory clarity coming from the XRP ruling.
