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Stablecoin yields create ‘dangerous’ parallel bank system: JPMorgan exec

JPMorgan chief financial officer Jeremy Barnum told investors in an earnings call that stablecoin yields are a “dangerous and undesirable thing.”...

3dCoinTelegraphcryptocurrencyImpact

LSEG brings commercial bank money onto blockchain rails with DiSH

The London Stock Exchange's new Digital Settlement House uses tokenized bank deposits for instant, round-the-clock settlement across blockchain and traditional payment networks....

2dCoinTelegrapheconomicsImpact

Crypto-friendly Old Glory Bank plans Nasdaq listing through SPAC

The “digital-first“ bank created in 2022 is set to go public on the Nasdaq, subject to shareholder and regulatory approvals....

3dCoinTelegrapheconomicsImpact

JPMorgan Chase’s profits fall 7% as investment bank fees disappoint

US’s biggest bank also lifts loan loss provisions after agreeing to take over Apple’s credit card portfolio...

4dFinancial TimeseconomicsImpact

Spain’s Bankinter joins $35M Bit2Me round amid growing bank crypto alliances

Bankinter joins Tether and BBVA in the $35 million investment round after the Spanish crypto exchange received its MiCA license in 2025....

3dCoinTelegraphcryptocurrencyImpact

Citi CFO says a credit card cap would have a 'deleterious' impact on the economy

Citi reported fourth-quarter earnings on Thursday. Mike Kemp/In Pictures via Getty Images Citi's CFO Mark Mason said Trump's proposed credit card cap would have a 'deleterious' impact on the economy. ...

2dBusiness InsidereconomicsImpact

KBC Bank to launch Bitcoin and Ether trading in Belgium under MiCA

Belgian bank KBC will launch bitcoin and ether trading for retail investors via its Bolero platform as Belgium’s MiCA regime comes into force....

1dCoinTelegrapheconomicsImpact

US bank results live: Goldman Sachs and Morgan Stanley to report earnings

Investment banking divisions expected to shine for traditional Wall Street rivals after year of rising animal spirits...

2dFinancial TimeseconomicsImpact

Citigroup profit slips as expenses rise amid sweeping overhaul

Chief executive Jane Fraser is pushing through bank’s biggest restructuring in more than a decade...

3dFinancial Timeseconomics

Wall Street groups hire traders to wade into prediction markets

Big financial companies expand beyond traditional securities to arbitrage event contracts in sport and politics...

3dFinancial TimeseconomicsImpact

China’s central bank sets onshore yuan fixing at strongest point in nearly 16 months

China’s central bank strengthened the yuan’s daily fixing for a third consecutive session to a nearly 16-month high, as the currency also held firm in offshore markets despite recent US dollar strengt...

4dSouth China Morning PosteconomicsImpact

It's shaping up to be the 'prove it' year for workers in Silicon Valley

Across tech, pressure on workers to perform comes as leaders wait for AI bets to pay off. Getty Images; Alyssa Powell/BI Big Tech firms like Amazon and Meta are doubling down on worker oversight and p...

2dBusiness InsiderTechnologyImpact

The threat to the global economy from Trump’s war on the Fed

The escalating conflict between the White House and the US central bank could have far-reaching consequences...

18hFinancial TimesPoliticsImpact

Powell sent senators details on $2.5bn Fed project following testimony

Letter seen by FT appears to undermine claims that chair of US central bank misled Congress over renovation...

3dFinancial TimesPoliticsImpact

Solomon’s third act at Goldman Sachs may be the most dramatic

Wall St chief wants AI to reshape the bank but the question is how exactly it will measure success...

1dFinancial Timeseconomics

New Zealand central bank chief told to ‘stay in her lane’ after backing US Fed’s Powell

New Zealand Foreign Affairs Minister Winston Peters rebuked the country’s new Reserve Bank governor, Anna Breman, for wading into US domestic politics after she signed a statement with other global ce...

3dSouth China Morning PostPoliticsImpact

Trump says Fed chair contender Hassett should stay in White House job

US president says moving National Economic Council director to lead the central bank would be a ‘serious concern for me’...

21hFinancial TimesPoliticsImpact

EU Crypto Exchange Bitpanda Eyes $5B IPO in 2026: Report

Bitpanda has reportedly tapped Goldman Sachs, Citigroup, and Deutsche Bank to work on the offering, planned for Frankfurt’s stock exchange....

3dDecryptcryptocurrency

Warhammer Maker Games Workshop Bans Its Staff From Using AI in Its Content or Designs, Says None of Its Senior Managers Are Currently Excited About the Tech

Warhammer maker Games Workshop has banned the use of AI in its content production and its design process, insisting that none of its senior managers are currently excited about the technology. Deliver...

4dIGNTechnologyImpact

Microsoft scrambles to quell fury around its new AI data centers

It looks like the wave of campaigns against data centers are getting under big tech companies' skin - and Microsoft is the latest giant to promise to address frustrations on the ground in communities ...

3dThe VergeTechnologyImpact
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