Banking


Markets

Bankers Tout Trade Finance as the Sweet Spot for Blockchain

London's Blockchain Summit heard banks weigh the possible savings blockchain could bring to global trade – as well as noting the pain points.

ship, trade

Markets

Banks Conduct Cross-Border Trades on IBM-Powered Blockchain

We.trade, the blockchain-based financial trade platform jointly developed by nine European banks, has completed first live cross-border transactions.

Euro

Markets

Execs at Payments Giant Qiwi Launch Crypto Investment Bank

Senior staff at a Qiwi subsidiary are launching a crypto investment bank to advise ICO investors and help companies tokenize their assets.

Qiwi e-wallet homepage via Shutterstock

Markets

Polish Bitcoin Association Challenges Banks Over Crypto Account Refusals

An industry group in Poland is attempting to challenge banks that have allegedly denied services for firms working with cryptocurrencies.

shutterstock_shutterstock_510294343

Markets

Hong Kong Seeks to Widen DLT Use in Trade Finance

Hong Kong's banking regulator is planning to widen its works on cross-border trade finance using distributed ledger technology.

hong kong

Markets

How Commerzbank Is Throwing Out the Business Blockchain Playbook

The German bank is building on five different blockchains, and not just to hedge its bets – it sees a multi-chain future.

Commerzbank Branch

Markets

Bitcoin Is 'Not For Me' Says Goldman Sachs CEO

For Lloyd Blankfein, bitcoin just isn't his thing, according to new comments made Tuesday.

Tuesday, October 2nd, 2012

HONORING GLOBAL WOMEN LEADERS
The Goldman Sachs – Fortune Global Women Leaders Award
Catherine Nyambala Founder and Executive Director, STEMAfrica, Kenya
Precious Simba, Founder/Director Girls Development Initiative, Zimbabwe
Madhu Uday, Founder and CEO, Earthen Symphony, India

Presenter: Lloyd Blankfein, Chairman and CEO, The Goldman Sachs Group, Inc.

Introduction: Andy Serwer, Managing Editor, Fortune 

Photograph by Stuart Isett/Fortune Most Powerful Women Summit

Markets

Bitcoin, DLT and Bank Ledgers: A Central Banker's View

The man in charge of China's quest to research and deploy distributed ledgers outlines his view on the breakthroughs of bitcoin and potential of DLT.

straws, color

Markets

Russia's Largest Banks Are Piloting Bitcoin and Crypto Portfolios

Two of Russia's largest banks are planning to launch a cryptocurrency portfolio product for their private banking clients, Kommersant reported.

russia central bank

Markets

Metropolitan Bank Is Handling Millions for Crypto Clients (And It Wants More)

To most banks in the U.S., cryptocurrency businesses are pariahs. To Metropolitan Commercial Bank in New York, they're "pioneers."

Metropolitan Commercial Bank image via Shutterstock