Goldman Sachs Group Inc., one of the biggest U.S. investment banks, is exploring cryptocurrency trades beyond the publicly-traded derivatives that it already handles, according to Chief Operating Officer David Solomon.
Most roboadviser startups threaten to steal away customers from banks.
Ether investors got a reprieve Thursday when a top U.S. regulator said transactions involving the token aren’t subject to federal securities rules, ending months of speculation that had weighed on the second-most valuable digital currency. Ether and other coins surged on the news.
With Adyen NV almost doubling in its trading debut Wednesday and Ant Financial raising $14 billion in its latest funding round, it’s tempting to assume fintech’s rising stars are about to displace financial industry stalwarts.
Royal Bank of Canada introduced a wave of technology initiatives in a bid to attract more tech-savvy customers who embrace a digital lifestyle.
Bitcoin edged lower, bringing its four-day slide to about 16 percent, as questions mount about whether the world’s biggest cryptocurrency was manipulated during last year’s record price surge.
Almost three decades ago, BlackRock Inc. created software to obsessively monitor the then-fledgling firm’s financial risks. Now, after turning it into an essential tool on Wall Street, the firm is zeroing in another kind of client: financial advisers.
Wells Fargo & Co. customers hoping to use their credit cards to buy Bitcoin will have to look elsewhere.