Eleven banks will deposit $30bn into regional lender First Republic Bank, which has suffered credit downgrades and stock price declines in recent days.
March 17, 2023The prototype developed was able to connect two distinct asset networks to enable "secure, resilient, and efficient security settlement with CBDC."
December 2, 2022Accounting guidance issued in March has reportedly forced US listed banks that were building out crypto offerings to suspend their plans.
September 24, 2022The RMB counter will trade only in the secondary market, starting from 19 September, when Hang Seng Investment Management takes over as manager.
August 22, 2022Hang Seng Investment Management will become TraHK's new manager in Q3 2022, replacing State Street, which has managed the ETF for 22 years.
March 30, 2022Hong Kong's government commenced a review last year to assess State Street's role as the manager of TraHK, the city's largest and most-popular ETF.
March 21, 2022New analysis says majority of climate-themed investment funds are not living up to claims, calls for increased regulatory oversight.
September 2, 2021The government is said to be concerned about the growing influence of super funds as large shareholders of ASX listed companies.
August 5, 2021US persons that have not yet divested their holdings in 59 companies that operate in the defence or surveillance technology sectors have until 3 June 2022 to do so.
August 4, 2021In an addendum, State Street says TraHK units will not be offered or sold in the US or to US persons located outside the US.
August 2, 2021