The European Central Bank (ECB) has announced that it will now use a series of environmental statistical indicators to monitor climate risks in the financial sector and to promote a sustainable banking system.
These new indicators will be experimental or analytical. The experimental ones will meet…
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financial sector
Goldman Sachs executed a transaction on the stock exchange with Bitcoin
The financial institution Goldman Sachs, together with the financial services firm Galaxy Digital, executed its first Bitcoin options transaction on the stock market. The information was provided by CoinDesK: “The company executed its first…
Goldman Sachs announces the suspension of operations in Russia
The investment bank Goldman Sachs announced the suspension of its activities in Russia, thus becoming the first large Wall Street bank to announce a measure that has already been previously adopted by numerous multinational companies.
The…
Venezuela to strengthen the financial system
The executive Vice Presidency of Venezuela, headed by Delcy Rodríguez, is holding workshops with the public and private banking sector in order to strengthen the country's financial and economic system, within the framework of the Economic…
Lagarde warns of financial risks due to cyber attacks
Christine Lagarde, president of the European Central Bank (ECB) warned about the risks to which the stability of the financial system is subjected due to cyber attacks. Although, so far, there has been no incident that affects the financial…
The EU has a new sustainable finance strategy
The European Commission published the new strategy on sustainable finance, which includes a series of initiatives to face climate change and some environmental challenges, increasing investment and inclusion of small and medium-sized…
Twitter plans to pay its employees in bitcoin
Twitter's CFO Ned Segal has announced that the company plans to establish payments to its workers with bitcoin, as indicated by the manager in an interview with CNBC.
In addition, the company plans to include the popular cryptocurrency on…
Chile works on legal regulations to control the Fintech sector
The Chilean authorities continue to develop a regulatory framework for Fintech and Open Banking, which will have the advice of Rosario Celedón and Ana María Montoya, specialists in competition and financial regulation, as reported by the…
Caixabank and Bankia join forces to create the largest bank in Spain
Caixabank (MC: CABK) and Bankia (MC: BKIA) join forces to merge their assets into what will be the largest bank in number of assets in Spain, with the aim of gaining ground in the financial market based on efficiency and profitability in…
IDB Invest will strengthen sustainable banking in Honduras
The Inter-American Development Bank (IDB Invest) group announced that it will support the Honduran Association of Banking Institutions (Ahiba in Spanish) and its 15 member banks to launch a Sustainable Banking Initiative.
The objective is…
Ghana works on a pilot project for a digitized national currency
Ernest Addison, a Ghanaian economist at the helm of the Bank of Ghana (BoG), revealed that the agency is working together with those interested in the pilot project of a central bank digital currency (CBDC).
During his speech at the 23rd…
Blockchain investments will reach almost $ 3 million in 2019
The services consulting firm International Data Corporation (IDC) published a report stating that in 2019 investments in blockchain tecenology will reach almost three billion dollars.
The IDC also published estimates of growth for such…