HSBC CEO has doused fears that Silicon Valley Bank UK will suspend or not adequately focus plans on helping startups. The CEO of HSBC UK has said that Silicon Valley Bank UK will continue its regular business of serving startups regardless of new ownership. Ian Stuart noted that Silicon Valley Bank will maintain its processes and business without disruption. At the Money 20/20 fintech conference in Amsterdam, Stuart assured CNBC’s Arjun Kharpal of protecting Silicon Valley Bank. He said:...
Read More »HSBC Acquires Troubled Silicon Valley Bank (SVB) UK Subsidiary for £1, Shares Down Today
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Read More »The Sandbox Launches 2,333 Gordon Ramsay Avatars in New Metaverse Move
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Read More »EIB Launches First Digital Sterling Bond Product on Blockchain
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Read More »New York Fed Plans to Launch 12-week CBDC Pilot Program, Features Top US Banks
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Read More »Singapore Starts Two New Token Pilots under MAS Project Guardian
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Read More »Libra Adds Another Banking Expert to Its List of Executives
Facebook-backed Libra has issued another “major” announcement. It is bringing former HSBC executive Ian Jenkins on board to serve as the new chief financial officer of a division in the company designed to manage the Libra payment system.Libra Brings Ian Jenkins AboardJenkins initially served as a former business finance head and general group manager for HSBC. He also has experience working with other major financial institutions such as Santander and Credit Suisse.The big question following...
Read More »SEBA: Banque de France announced the candidates for testing the integration of a Central Bank Digital Currency (CBDC) for interbank settlements
SEBA Bank, a FINMA licenced Swiss Bank providing a seamless, secure and easy-to-use bridge between digital and traditional assets, today announces that they have been selected by Banque de France for experiments with Central Bank Digital Currency (CBDC). Banque de France announced the overview of candidates for their experiment. SEBA Bank is proud to see that Banque de France selected SEBA Bank...
Read More »Libra Association: HSBC-Banker wird CEO
Libra Association Es geht nun doch endlich was mit der von Facebook gegründeten Libra Association. Gemäss einer Medienmitteilung von gestern Mittwoch wird ein hoher HSBC-Banker CEO der Libra Association. Und es ist wahrscheinlich auch kein Zufall, dass Stuart Levey, der neue CEO der Libra Association einen juristischen Background hat. Denn die Libra Association kämpft mit...
Read More »Fintech Firm Monzo CEO Says Big Banks Are Set Up to ‘Kill’ Change
Monzo CEO Tom Blomfield believes that big traditional banks are killing the changes that ambitious companies are trying to bring to the fintech industry.The CEO and co-founder of Monzo Bank Ltd, a financial institution based in the United Kingdom, Tom Blomfield, has stated that big banks are set up to prevent fintech change. He also claimed that they are hunting out change and attempting to kill it.The British fintech entrepreneur does not believe big banks will ever experience a digital...
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