The lawsuits take aim at Goldman Sachs, JPMorgan Chase, Bank of America, Wells Fargo, Citigroup, and Morgan Stanley.
October 26, 2022The experiments show SWIFT can enable central banks to connect their CBDC networks to all other payment systems in the world through a single gateway.
October 6, 2022The participating banks are Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley, and Wells Fargo.
October 3, 2022Wells Fargo Advisors was fined for failing to timely file 34 SARs. This is the second BSA action against the firm in the last five years.
May 24, 2022Australia's CBA and NAB are reportedly under scrutiny as they provided correspondent banking services to BSP Financial Group.
June 17, 2021Five REITs will be traded in Shanghai, while another four will be traded in Shenzhen. The nine projects will raise an estimated CNY 30 billion.
May 19, 2021New disclosures from UBS and Nomura have raised estimates of the total losses to banks to over $10.5bn.
April 29, 2021Remittance payments from anywhere in the world destined for the UK routed through Lloyds can arrive in seconds with fee and foreign exchange transparency.
December 3, 2020JP Morgan and China Construction Bank were raised to a higher bucket; Goldman Sachs and Wells Fargo were moved to a lower bucket.
November 12, 2020Over the past two years, SWIFT has run successful proof of concepts with payment infrastructures in Singapore, Australia and Europe.
October 12, 2020