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Posts published in “Banks”

Global Central Banks Meet To Discuss More QE

Global central banks have already set interest rates at record lows and earmarked trillions of dollars on asset purchases as an economic response to the…

Unlimited QE or the Willy Wonka Money Factory

“Financial crises recur in part because memories fade.” – Ben S. Bernanke, Timothy F. Geithner and Henry M. Paulson Jr in “Firefighting: The Financial Crisis…

Covid-19: Italy Bank Staff May Strike

Italy’s banking staffs have worked without protection against the coronavirus epidemic, and they may go on strike, according to the head of the sector’s main…

China & Russia are Stockpiling Gold

Gold refineries in Switzerland sent a record amount of gold to Shanghai last December, and Russia is buying gold in droves as well, as the…

R3 Sends Cease-and-Desist to Bitcoin Developer Peter Todd

Bitcoin and banks were never supposed to go hand-in-hand. So, in 2015, when the world’s largest financial institutions began investigation the technology behind Bitcoin, blockchain,…

JP Morgan Publishes Code for Permissioned Ethereum

JPMorgan has uploaded the code for its private, Ethereum-inspired blockchain code to popular code repository Github. Quorum, which JPMorgan calls a “permissioned implementation of Ethereum…

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