bitcoin

JPM launches major expansion; AIG buys Bermuda insurer

01/23/18

Bank will add 400 branches and boost mortgage lending; the company attempts first acquisition since it nearly failed during the financial crisis.

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Crypto crackdown? That's a lot of hype, too

01/19/18

Fears about regulators coming down on digital currency trading caused an epic crash in the market this week. But reining in this evolving asset class won't be easy.

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Senate's maverick move on GSEs; latest in 'As the CFPB Turns'

01/19/18

The Seante looks to forge its own path on GSE reform, breaking to the right of a plan from the FHFA; a new candidate to lead the CFPB emerges as its current director tells the Fed, "Thanks, we're good on funding."

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B of A to reward shareholders; Wells’ chief risk officer to retire

01/18/18

Bank says most of the benefits from tax reform will be used for dividends and buybacks; Michael Loughlin will stay on until his replacement is named later this year.

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Cryptocurrency a 'very critical issue': Banking panel chair

01/17/18

As senators weigh anti-money-laundering reforms, they reiterated their desire to include cryptocurrencies as part of legislative discussions.

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Citi’s $22 billion tax hit; CFPB to revisit payday lending rule

01/17/18

Write-down clears the decks for better times ahead; the agency’s acting head is looking to revamp strict rule that went into effect on Tuesday.

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BofA tops IBM and payments firms with most blockchain patents

01/16/18

Bank of America Corp. may not be willing to help customers invest in bitcoin, but that doesn’t mean it isn’t plowing into the technology underlying the cryptocurrency.

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Mnuchin: Bitcoin firms subject to anti-laundering rules

01/12/18

Treasury Secretary Steven Mnuchin on Friday warned traders and firms offering services related to cryptocurrencies like bitcoin that anti-money-laundering and know-your-customer rules apply to them — and regulators are watching closely.

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MoneyGram pilot is important real-world test for Ripple's payments plan

01/11/18

The San Francisco startup behind the cryptocurrency XRP claims it can send money around the world faster, cheaper and with greater transparency.

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Can a Nobel Prize winner help banks navigate the bitcoin craze?

01/11/18

The work of the famed psychologist Daniel Kahneman provides insights into how bankers can make better business decisions around cryptocurrency and other investments.

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