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Citigroup Uses DLT to Tokenize Deposits, Offer Always-on Banking
/ Blockchain

Citigroup Uses DLT to Tokenize Deposits, Offer Always-on Banking

Citigroup launched a new service that allows institutional clients to turn deposits into digital tokens using distributed ledger technology.

September 18, 2023
JPMorgan Down 2.6% After Fitch Warns Downgrade Could Be Coming

JPMorgan Down 2.6% After Fitch Warns Downgrade Could Be Coming

JPMorgan shares fell after Fitch Ratings warned the Wall Street bank is facing downgrade risks.

August 15, 2023
Goldman Sachs Down 1.2% as Weak Earnings Report Shows Declining Profit

Goldman Sachs Down 1.2% as Weak Earnings Report Shows Declining Profit

Goldman Sachs' shares opened 1.2% down after bank reported a 58% quarterly profit drop.

July 19, 2023
JP Morgan’s Q2 Profit Surges to $14.47B on Back of FRC Deal and Rising Interest Rates

JP Morgan’s Q2 Profit Surges to $14.47B on Back of FRC Deal and Rising Interest Rates

JPMorgan's profit and revenue rose substantially in Q2 2023, in part due to its May acquisition of the imploded First Republic Bank.

July 14, 2023
One of Japan’s Biggest Banks Bets on Quantum Computing for Finance

One of Japan’s Biggest Banks Bets on Quantum Computing for Finance

Japanese megabank MUFG recently invested in a quantum computing startup.

July 12, 2023