9 stories tagged #Citi

  1. Swift Enlists 17 Major Banks for Blockchain Payment Ledger Test
    finance

    Swift Enlists 17 Major Banks for Blockchain Payment Ledger Test

    Swift's new blockchain ledger will enable 24/7 cross-border payments using tokenized deposits, with major banks preparing for live testing.

    4d ago 1 min read
  2. Big US Banks Unite to Launch Shared Tokenized Deposit Network
    crypto

    Big US Banks Unite to Launch Shared Tokenized Deposit Network

    JPMorgan, Bank of America, and Citi plan a shared tokenized network by 2027 to counter stablecoins' threat to deposits.

    last mo. 1 min read
  3. Citi Forecasts Tokenized Securities Market to Hit $5.5 Trillion by 2030
    finance

    Citi Forecasts Tokenized Securities Market to Hit $5.5 Trillion by 2030

    Citi projects tokenized securities market hitting $5.5 trillion by 2030, driven by stablecoins, clearer regulation, and infrastructural shifts from DTCC, NYSE, and Nasdaq.

    last mo. 1 min read
  4. GLP Eyes Up to $3B Hong Kong IPO in Q4
    finance

    GLP Eyes Up to $3B Hong Kong IPO in Q4

    Singapore-based logistics giant GLP plans a $3 billion Hong Kong IPO, targeting a Q4 listing with a valuation around $20 billion.

    last mo. 1 min read
  5. Quantum Threat Looms Over Billions in Bitcoin as Experts Warn of 'Harvest Now, Decrypt Later' Attacks
    crypto

    Quantum Threat Looms Over Billions in Bitcoin as Experts Warn of 'Harvest Now, Decrypt Later' Attacks

    Security experts warn nation-state actors are stockpiling Bitcoin blockchain data, exploiting an estimated $450-$500B in vulnerable BTC before quantum computers can break encryption.

    last mo. 1 min read
  6. Asian Markets Tumble as Middle East Tensions Spur Global Sell-Off
    finance

    Asian Markets Tumble as Middle East Tensions Spur Global Sell-Off

    Asian stocks and bonds fell sharply amid rising oil prices and fears of prolonged conflict in the Middle East.

    3mo ago 1 min read
  7. Metzger Joins StanChart as Global Coverage Head
    finance

    Metzger Joins StanChart as Global Coverage Head

    Jan Metzger, former Citi Asia investment banking co-head, departs after eight years to lead Standard Chartered’s global coverage banking in Hong Kong.

    3mo ago 1 min read
  8. Citi Downgrades Gemini, Sees Years Until Profitability
    crypto

    Citi Downgrades Gemini, Sees Years Until Profitability

    Citigroup downgrades cryptocurrency exchange Gemini, predicting years until profitability and cutting Bitcoin and Ethereum price targets.

    4mo ago 1 min read