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UAW ends walkout against Volvo Trucks North America, production expected to resume Monday

Volvo Trucks North America and the United Auto Workers union have reached a tentative agreement on the terms of a new five-year contract that would cover approximately 2,900 employees at the New River Valley (NRV) truck assembly operations in Dubli.....»»

Category: topSource: bizjournalsMay 2nd, 2021

How China Is Closing In on Its Own Digital Currency: QuickTake

While there’s no launch date yet, the People’s Bank of China is likely to be the first major central bank to issue a digital version of its currency, the yuan, seeking to keep up with -- and control of -- a rapidly digitizing economy. Trials an.....»»

Category: topSource: washpostApr 29th, 2021

How China Is Closing In on Its Own Digital Currency

While there’s no launch date yet, the People’s Bank of China is likely to be the first major central bank to issue a digital version of its currency, the yuan, seeking to keep up with -- and control of -- a rapidly digitizing economy. Trials an.....»»

Category: topSource: washpostApr 29th, 2021

European Investment Bank Issues €100 Million In Digital Bonds Using Ethereum

European Investment Bank Issues €100 Million In Digital Bonds Using Et.....»»

Category: smallbizSource: nytApr 27th, 2021

The European Investment Bank is reportedly preparing an inaugural "digital bond" sale, offering $121 million of debt issued on the Ethereum blockchain network

The European Investment Bank plans to price $121 million of two-year notes in an inaugural digital bonds sale on the Ethereum blockchain, reports say. SOPA Images/Getty Images The European Investment Bank is selling digital bonds o.....»»

Category: topSource: businessinsiderApr 27th, 2021

Ethereum Hits New ATH As European Investment Bank Issues Two-Year Digital Bond On ETH Blockchain

What Happened: Ethereum reached a new all-time high of $2,675 on Tuesday, gainin.....»»

Category: blogSource: benzingaApr 27th, 2021

First Hawaiian Bank names Christopher Dods as new vice chairman, COO

Dods, the son of former First Hawaiian Bank CEO Walter Dods Jr., has led the bank's digital banking strategy and was promoted from executive vice president......»»

Category: topSource: bizjournalsApr 22nd, 2021

Billionaire investor Mike Novogratz says the record-breaking rally in crypto shows a lack of faith in the Fed - and cites central-bank uncertainty as a reason for bitcoin"s latest surge

"The crypto markets are telling us that there is a growing probability that they won't be able to land the plane," the Galaxy Digital CEO said on Thursday......»»

Category: topSource: businessinsiderApr 22nd, 2021

Norway, the world"s most cashless country, is testing a central bank digital currency after 4 years of research

After four years of research, the central bank will proceed with technical testing of a CBDC, which it said will continue over the next two years. A general view of the Norwegia.....»»

Category: topSource: businessinsiderApr 22nd, 2021

Here"s where the next wave of Huntington branch closings will take place

The bank's data suggests that people who sampled its technology options during the Coronavirus pandemic are sticking with them, accelerating its moves toward digital and away from brick-and-mortar real estate......»»

Category: topSource: bizjournalsApr 22nd, 2021

Digital homeownership company Better expands streamlined mortgage service to Minnesota

Lucy Randall, director, strategy and operations at Better, said the company's model isn't totally unique, but it prides itself on combining technology with human intelligence......»»

Category: topSource: bizjournalsApr 21st, 2021

"BritCoin" - UK Considers New Central Bank Digital Currency, What Happens To Cash?

'BritCoin' - UK Considers New Central Bank Digital Currency, .....»»

Category: blogSource: zerohedgeApr 21st, 2021

Britcoin? British Government Considers Its Own Digital Currency

The Bank of England and Her Majesty's Treasury are seeking to plant the Union Jack in the midst of the digital currency realm with Britcoin. read more.....»»

Category: blogSource: benzingaApr 19th, 2021

Wells Fargo CEO talks candidly about the bank’s challenges

“The way we look at it internally is ‘we’re in the game,' but we’re not at all a market leader in terms of what our digital capabilities are,” CEO Charlie Scharf said......»»

Category: topSource: bizjournalsApr 15th, 2021

Goldman Sachs posts record results as profits jump

Investment bank Goldman Sachs saw its profits nearly quintuple in the first quarter, driven by a massive surge of revenue from its core investment banking and trading operations......»»

Category: topSource: foxnewsApr 14th, 2021

Goldman Sachs CEO: "We have a plan at the moment to build a digital bank"

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallApr 14th, 2021

Need to Know: Why a pullback for stocks might be fast approaching, according to Deutsche Bank

According to research from Deutsche Bank, growth, as measured by the Institute for Supply Management's manufacturing index, typically peaks 10 to 11 months after a recession ends. That would be right now......»»

Category: topSource: marketwatchApr 7th, 2021

NewsWatch: Why a pullback for stocks might be fast approaching, according to Deutsche Bank

According to research from Deutsche Bank, growth, as measured by the Institute for Supply Management's manufacturing index, typically peaks 10 to 11 months after a recession ends. That would be right now......»»

Category: topSource: marketwatchApr 7th, 2021

Need to Know: The recession is over in all but name. Why a retreat for stocks might be fast approaching, according to Deutsche Bank.

According to research from Deutsche Bank, growth, as measured by the Institute for Supply Management's manufacturing index, typically peaks 10 to 11 months after a recession ends. That would be right now......»»

Category: topSource: marketwatchApr 7th, 2021

SPAC roadblock - JPMorgan interns headed to the office - LatAm"s booming bond market

The top finance stories for April 2, including the latest news on a crucial piece of SPAC funding starting to dry up. Trading Floor - Salle des Marches - German bank, Hessen, Franckfort. plus49/Construction Photography/Avalo.....»»

Category: smallbizSource: nytApr 2nd, 2021