PNC Financial Services Group (PNC) unit PNC Bank launched direct spot bitcoin trading capabilities for eligible clients of its private banking division. Clients can buy, hold, and sell bitcoin ...
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U.S. Bank is testing its own stablecoin on the Stellar blockchain. The firm is working with the Stellar Development Foundation and PwC on the project. U.S. Bank joins Citi, Goldman Sachs, Bank of ...
Russian President Vladimir Putin has authorized Citigroup Inc. C to sell its Russian banking unit, marking a significant step in the bank’s long-planned withdrawal from the country. The decision ...
The Czech National Bank invested $1 million to test a crypto reserve that includes Bitcoin, a stablecoin and tokenized bank deposits. The Czech National Bank (CNB), the central bank of the Czech ...
The Federal Reserve Board is poised to start releasing in advance models it uses to test the biggest banks’ readiness to withstand economic shocks. By Stacy Cowley and Colby Smith The country’s ...
Bank of Nova Scotia (NYSE:BNS) announced that it has implemented targeted workforce reductions across its Canadian banking division, a measure the financial institution has taken in recent weeks, ...
The head of Toronto-Dominion Bank’s US franchise said he sees opportunity for growth even as the lender remains constrained by a cap on its American retail-banking assets. “We find ourselves in a ...
Aug 22 (Reuters) - Payments processor Visa (V.N), opens new tab has shuttered its open-banking business in the United States, according to a source familiar with the matter, as tensions mount between ...
Visa shuts US open banking unit - Bloomberg Visa has shut down its US open banking unit amid regulatory uncertainty and bank plans to charge for customer data access, according to Bloomberg. 1 Like 8 ...
(Reuters) -Payments processor Visa has shuttered its open-banking business in the United States, according to a source familiar with the matter, as tensions mount between banks and fintechs over ...