Citigroup is developing a new mechanism for trading cryptocurrencies such as Bitcoin that would put it at the forefront of Wall Street's efforts to let clients bet on the largely unregulated market, according to a person with knowledge of the plans.
Two financial technology companies — including Gemini Trust, the digital-asset exchange founded by Cameron and Tyler Winklevoss — won New York state approval to issue cryptocurrencies pegged to the U.S. dollar.
The financial press ponders how a replay of the 2008 crisis can be avoided; losing HNA's 7.6% stake may be a blessing in disguise, but DB's funding costs remain a worry.
Many workers get extra days off to celebrate all kinds of things, from their birthdays to a good regulatory exam score, or as a reward for charitable giving and other community involvement.
Housing blight — concentrated areas of vacant properties — is harming communities across the country and posing a risk to the financial system. But governments seem powerless to turn it around. We're finding out why. A special 10-part series by American Banker.
There's a problem in America. Homes are decaying all over the country, even as affordable housing is becoming more scarce. Can we rebuild these communities before it's too late? A trailer introducing a special ten-part podcast series by American Banker.
Luis Calderon, a finance manager in the commercial bank, was killed, and Whitney Austin, a digital lending product manager, was wounded. Four people died, including the gunman, and at least two were injured.
