Unicredit Removed from List of Global Systemically Important Banks by FSB
The Financial Stability Board removed Italy’s UniCredit the list of global systemically important banks.
A group of eight banks, including UniCredit, HSBC, and UBS, have finally tested a distributed ledger prototype for bonds exchange using Intel’s blockchain platform.
The Financial Stability Board removed Italy’s UniCredit the list of global systemically important banks.
UniCredit has marginally increased its revenue projections for the year 2023 while anticipating a minimum net profit of 7.25 billion euros this year.
IBM and We.trade are strengthening their relationship to help the latter scale globally. We.trade CEO Ciaran McGowan says they are going to work closely together on Asia, Africa and Latin America.
The platform is intended to facilitate domestic and cross-border trade for small and medium enterprises in Europe and increase overall trade transaction transparency.
Seven large banks are collaborating to make domestic and cross-border commerce easier for European small and medium-sized enterprises.
A group of eight banks, including UniCredit, HSBC, and UBS, have finally tested a distributed ledger prototype for bonds exchange using Intel’s blockchain platform.
A number of the world’s leading banks have partnered to form Global Payments Steering Group, the first interbank group for payments based on the blockchain technology.
The San Francisco-based financial technology startup has announced partnerships with seven new banks to provide its blockchain platform for overseas payments.