BitGo Offers Institutional Clients New Off-Chain Settlement System

BitGo is launching a new clearing and settlement service, allowing off-chain transactions between clients so assets never leave custody.

Sterling Bancorp Enters Definitive Agreement to Acquire $504 Million in Commercial...

Source: globenewswire.com Sterling Bancorp signed a definitive agreement to acquire the asset-based and equipment finance lending businesses of Woodforest National Bank in an all-cash transaction....

MetLife (MET) Announces Michel A. Khalaf to Succeed Steven A. Kandarian...

The board of directors of MetLife, Inc. (NYSE: MET) today announced that Michel A. Khalaf, president, U.S. Business and EMEA, will become MetLifes president and chief executive...

Goldman Sachs-Backed Crypto Firm Circle Seeks $250 Mln In Funding: Report

Cryptocurrency startup Circle Internet Financial Ltd, which is backed by Goldman Sachs, is seeking to raise about $250 million in equity and debt, according to a report by technology news website The Information.

Bitfinex Covered $850 Million Loss Using Tether Funds, NY Prosecutors Allege

New York's Attorney General has obtained a court order against crypto exchange Bitfinex's operator iFinex as well as stablecoin company Tether.

Lilly Announces Licensing Agreement for Non-Opioid Pain Asset from Centrexion Therapeutics

INDIANAPOLIS, May 28, 2019 /PRNewswire/ -- Eli Lilly and Company (NYSE: LLY) today announced a license agreement to acquire the exclusive worldwide right

JPMorgan Chase Opens First Retail Branch in Greater Boston | Business...

JPMorgan Chase today announced the opening of its first retail branch in Greater Boston along with new lending commitments and investments in local wo

Kennedys’ turnover surges 31% after year of mergers

A 31 per cent rise in turnover at Kennedys saw the firm's global turnover rise from £149.9m to £196m, while UK turnover grew 14 per cent from £101.5m to £118m.

J.P. Morgan to launch a U.S. dollar-backed cryptocurrency

JPM Coin, the first of its kind from a major bank, will initially be used to transfer funds over a blockchain network internally and between internationally between institutional clients.

MSA Safety to Acquire Industrial Internet of Things Solution Provider Sierra...

PITTSBURGH, March 29, 2019 /PRNewswire/ -- Global safety equipment manufacturer MSA Safety Incorporated (NYSE: MSA) today announced that it has entered int