The Swiss bank UBS announced an offer to repurchase the debt securities with maturity of 2028 and 2032 issued last Friday, just a couple of days before the agreement for the acquisition of Credit Suisse, whose aggregate amount amounts to 2,750 million euros.
In this way, UBS wants to acquire the…
Read More...
Browsing Tag
banking system
FED again issues comments on cryptocurrencies
The United States Federal Reserve (FED), along with other regulators in the region, issued a statement in which they discussed the risks involved in the use of cryptocurrencies in banking systems.
Others involved include the Office of the…
Brazil announces it works on its own CBDC
The Brazilian Minister of Economy, Paulo Guedes, announced this Thursday that the Central Bank authorities are working on their own CBDC, or digital currency of the central bank.
Although details of the digital version of the Brazilian…
Holland deepens fight against money laundering
Dutch Finance Minister Wopke Hoekstra, together with Justice and Security Minister Ferdinand Grapperhaus, are fighting to reduce the risks currently associated with cryptographic currencies in the country as a crucial measure against crimes…
Huawei focuses on Latin America to launch its blockchain service
Chinese telecommunications hardware company Huawei studies the Latin American market as a scenario for the expansion of its blockchain service, according to a report recently published in Brazil.
It has been hinted that Huawei's products…
Next Epayments Madrid will offer latest innovations
The online payment sector currently represents one of the main alternatives for trade in general. Transfers of large sums of money from remote areas is now possible thanks to electronic payment.
Those interested in knowing the innovations…
Mizuho Financial Group will launch its own stablecoin
The Mizuho Financial Group, one of the most important banks in Japan, is scheduled to launch its own stablecoin on March 1st, to use it as a means of payment in more than 300,000 stores as well as sending remittances.
The J-Coin network…
Coinbase authorizes payment through PayPal to European customers
On Tuesday, the US cryptocurrency exchange platform Coinbase announced that it will allow the withdrawal of fiat money from European Union customers as well as from the European Free Trade Association through PayPal.
Through its official…
Google will operate as a fintech in Europe
A complete surprise is the recent move of Google towards the world of banking business. The Internet giant has just obtained a license from the government of Lithuania to operate as a European fintech.
This means that the US empire will…
UAE and Saudi Arabia will launch cryptocurrency for inter-bank transactions
In order to achieve a tool for cross-border transactions, the United Arab Emirates (UAE) and Saudi Arabia are currently working in a cryptographic currency.
According to Dubai-based GulfNews, negotiations are taking place between the…
First Spain-China fintech seminar in Madrid
The first Fintech seminar between Spain and China took place recently in Madrid, with the organization of the Institute of Stock Market Studies (IEB) and the Shanghai Association on Internet and Financial Industry (ASIFI).
The event was…
Hotels in Iran are accepting payments in cryptocurrencies
The main hotel reservation platform in Iran, HotelsInIran.com, authorized payments in cryptocurrencies by customers after the new sanctions imposed on the country by the United States.
Through the incorporation of digital currency into the…