Bank of America Files Patent for Cryptocurrency Custody System

The Bank of America has filed a patent application with the U.S. Patent and Trademarks Office (USPTO) for a secure cryptocurrency custody. According to the patent document published last week by the USPTO Bank of America (BoA) proposes to a system that will allow enterprises safely store large amounts of cryptocurrency. Description of BoA’s Crypto Custody...

Akamai and MUFG Announce Joint Venture for Blockchain-Based Online Payment Network

CAMBRIDGE, Mass., Feb. 12, 2019 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the intelligent edge platform for securing and deliverin

Buffett’s Berkshire helps bankroll Occidental’s $38 billion bid for Anadarko –...

Warren Buffett's Berkshire Hathaway Inc committed $10 billion on Tuesday to Occidental Petroleum Corp's $38 billion cash-and-stock bid for Anadarko Petroleum Corp, boosting its chances of snatching a deal from Chevron Corp.

StreetInsider.com

Source: www.streetinsider.com Berkshire Hills Bancorp Inc. has announced the acquisition of SI Financial Group Inc. (SIFI) and its subsidiary Savings Institute Bank and Trust Company,...

Blackstone Infrastructure Partners Announces Growth-Oriented Investment in Carrix, One of the...

Blackstone (NYSE:BX) today announced that funds affiliated with Blackstone Infrastructure Partners (BIP), have made a growth-oriented investment in Ca

Societe Generale Reportedly Considers Thousands Of Job Cuts At Investment Bank

Societe Generale SA (SCGLF.PK, SCGLY.PK) is considering to cut jobs at its investment bank and find a partner for its cash-equity business in a bid to offset increasing cost pressure from regulation, Bloomberg reported citing people familiar with the matter.

UniCredit To Pay $1.3 Bln To Settle U.S. Sanctions Investigation

Italian lender UniCredit SpA (UCG, UNCFF.PK) announced that the company and its subsidiaries, UniCredit Bank AG or UCB and UniCredit Bank Austria AG or UCBA have agreed to pay penalties totaling approximately $1.

FIS and Worldpay to Combine to Accelerate the Future of Finance...

FIS™ (NYSE:FIS), a global leader in financial services technology, and Worldpay, Inc. (NYSE:WP; LSE:WPY), a global leader in eCommerce and payments, a

US Telecoms Giant AT&T Now Accepting Crypto Payments via BitPay

Telecom and media giant AT&T will now accept cryptocurrencies as a payment option through BitPay.

Fed Raises Interest Rates But Forecasts Fewer Rate Hikes Next Year

In a widely expected move, the Federal Reserve announced its decision to raise interest rates by a quarter point on Wednesday. The central bank said its Federal Open Market Committee decided to raise the target range for the federal funds rate by 25 basis points to 2.