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News Two global financial giants, BNY Mellon and Credit Suisse, were reportedly involved in Telegram’s $1.7 billion Gram (GRAM) token sale in 2018. Telegram allegedly informed its investors that it was using BNY Mellon and Credit Suisse to move and store fiat currency raised in the GRAM sale, indu..
News Commerzbank, Credit Suisse and UBS carried out the first transactions on Deutsche Boerse and HQLAX’s distributed ledger technology-enabled (DLT) security lending platform. According to a Deutsche Boerse press release on Dec. 3, the company jointly developed the platform with fintech firm HQLA..
Record low and negative interest rates have put commercial banks in a difficult spot. Across Europe, they have been passing the burden to their clients. Some have introduced fees for those with large account balances, while others are punishing everybody equally. In any case, some bankers fear this ..
News Mike Novogratz's crypto investment bank Galaxy Digital hired a former exec at crypto trading giant Cumberland as head of global sales. According to an internal notice to Galaxy Digital’s counterparties, Wall Street veteran David Gross joined the company, crypto media outlet The Block rep..