Browsing: banks

A decision by Swiss lawmakers to defy calls by UBS and big business to moderate new banking rules has highlighted misgivings about the risks posed by one of the country’s most visible institutions after the 2023 collapse of Credit Suisse.

Britain’s largest banks have completed what the industry describes as the first transactions anywhere using tokenised deposits to move money between one another, a milestone for a blockchain-based form of bank money that the Bank of England favours over privately issued stablecoins.

MPs send out letter as Israeli government seeks bids for construction of large E1 settlement in West Bank