Bloomberg reports, citing people familiar with the matter French lenders – led by BNP – are reported to be lobbying to resume dividend payments in order to bolster share prices… Read more »
The FDIC is looking to lower reserve requirements for bank losses on derivatives. This is part of the “Volcker Rule” that came out of the last financial crisis. It’s great… Read more »
Further comments by Lagarde This crisis is worse than the 2008-09 financial crisis The ECB mandate is the same i.e. focus on price stability We have to use instruments that… Read more »
ECB introduces a Eurosystem repo facility for central banks (EUREP) This is said to be a precautionary backstop to address pandemic-related euro liquidity needs outside of the euro area and… Read more »
© Reuters. FILE PHOTO: U.S. Dollar banknotes are seen in this photo illustration By Dan Burns and Megan Davies (Reuters) – A global crunch for U.S. dollars that was a… Read more »
Millennials like many things, like avocados, Telsa, Beyond Meat burgers, and Bitcoin. What they don’t like, is big banks. New data shows that distrust in big banks is growing amongst… Read more »
The survey results are in — there is almost an equal split on the issue of trust: Bitcoin (BTC) or big banks. There has also been an incredible change in… Read more »
Switzerland’s financial regulator, FINMA, has approved two Zurich-based banks to offer a range of cryptocurrency services, including trading and custody. Maerki Baumann Bank subsequently announced the launch of its trading… Read more »
Alexander Lipton is the CTO of Sila, a visiting professor and Dean’s Fellow at the Jerusalem Business School of the Hebrew University of Jerusalem, and a Connection Science Fellow at… Read more »
What if the world was hit with another major disaster, but this time, it included global electrical failure? Would Bitcoin (BTC) survive, would it thrive, what about the banks? —… Read more »