Bank

Treasury Secretary Mnuchin Raises Questions of Bank Stability: Hold Onto Your Hat
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The entire financial system that everyone, including all businesses, depends on sits on the need for trust. And in a couple eof tweets, the Treasury Department and Treasury Secretary Steven Mnuchin may have shaken that trust loose. The Treasury Department said that Mnuchin held a series of calls with CEOs of major banks: Bank of […]

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Customers angry after National Australia Bank hit by technology outage
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MELBOURNE (Reuters) – National Australia Bank on Saturday suffered what it described as a “nationwide outage” to some of its technology systems, leaving customers unable to access banking services or withdraw money. FILE PHOTO: A National Australia Bank (NAB) logo is pictured on an automated teller machine (ATM) in central Sydney September 12, 2014. REUTERS/David […]

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JPMorgan, National Bank of Canada, others test debt issuance on blockchain
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NEW YORK (Reuters) – JPMorgan Chase & Co (JPM.N) has tested a new blockchain platform for issuing financial instruments with the National Bank of Canada and other large firms, they said on Friday, seeking to streamline origination, settlement, interest rate payments and other processes. FILE PHOTO: A sign outside the headquarters of JP Morgan Chase […]

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