The Bank of England has launched a system-wide exploratory scenario exercise to explore how banks and non-bank financial institutions behave in stressed financial market conditions
Alternative investments asset service provider Citco has opened a new office in Guernsey to support its expansion in the private equity and private credit space
The International Securities Services Association has published the findings of its 2023 ISO 20022 survey, a continuation of its initial research on the topic conducted in June 2020
“Financial institutions that deploy Paxos’ post-trade solutions see an average 300 per cent return on investment (ROI) within two years,” according to blockchain infrastructure company, Paxos
Fund service provider JTC has entered an agreement to acquire administrative services firm TC3 Group Holdings, which trades as South Dakota Trust Company
Through consultation with the Corda community, this evolution is driven by scalability, enhanced privacy and security, user friendly dev tools and the new generation platform’s ability to interconnect and interoperate with other DLT platforms
UBS has completed its acquisition of Credit Suisse, following its takeover of the bank in March, and has announced board director nominations for certain Credit Suisse entities
