#banking giant

[pavel-nosok]

JPMorgan Mulls Blockchain-Based Deposit Token, Report

America’s biggest bank by assets, JPMorgan Chase, is exploring a blockchain-based deposit token for cross-border payments and interbank transfers. If approved by regulators, the banking giant may create the digital asset, which would be different from its existing JPM Coin as it could be used to send money to accounts in other banks. JPMorgan Considers Digital Token for Cross-Border Payments and…

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[debajitadhikary]

What did JP Morgan say on Bitcoin?

What did JP Morgan say on Bitcoin?

J.P. Morgan. is a global leader in financial services offering solutions to the world’s most important corporations, governments, and institutions said that despite the crypto slump, bitcoin is massively undervalued. JP Morgan on Bitcoin Maintaining its estimate of bitcoin’s fair value at $38,000, the bank today reiterated the assessment it gave the asset in February when the cryptocurrency was…

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[pavel-nosok]

BNY Mellon Urges Ireland to Adopt Crypto Rules Before EU Regulations, Report Reveals

BNY Mellon Urges Ireland to Adopt Crypto Rules Before EU Regulations, Report Reveals

As authorities in the EU are still discussing union-wide cryptocurrency regulations, a major U.S. bank has reportedly lobbied the Irish government to adopt its own rules for the space. BNY Mellon launched its digital asset business in Ireland this year to provide custodian services to institutional investors. Banking Giant BNY Mellon Calls for Irish Crypto Regulations U.S. banking corporation BNY…

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[cryptonewseye]

BNY Mellon Sets Up Crypto Unit in Ireland as Central Bank Says Bitcoin Is ‘of Great Concern’

U.S. banking corporation BNY Mellon is gearing up to offer crypto custody services out of Dublin where it has just established a digital hub. The news coincided with a stark warning issued by a top central bank official in Ireland who said people should only buy bitcoin if they’re prepared to lose money. BNY Mellon […]

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Adfactors PR recognised as Global Financial Consultancy of the Year at The Holmes Report Global Summit 2015

@AdfactorsPR recognised as Global Financial Consultancy of the Year at The #HolmesReport Global Summit 2015

Adfactors PR the Global Financial Consultancy of the Year

MIAMI / MUMBAI, October 29, 2015: Adfactors PR, India’s largest public relations firm, was recognised as the ‘Global Financial Consultancy of the Year for 2015’ at The Holmes Report Global Public Relations Summit. The Holmes Report is the most respected platform of the international public relations industry and a leading source of news,…

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[ujjalnewsnish]

Hoboken Man Admits To Stealing Data Treasure Trove From Banking Giant

New Post has been published on http://www.newsnish.com/business/hoboken-man-admits-to-stealing-data-treasure-trove-from-banking-giant/

Hoboken Man Admits To Stealing Data Treasure Trove From Banking Giant

A Hoboken financial adviser has pleaded guilty to illegally acquiring confidential client information from banking giant Morgan Stanley.

On Monday, Galen Marsh, 31, of Hoboken, pleaded guilty to unauthorized access to a computer in federal court.

According to a release from the U.S. Attorney’s Office, while employed as a financial adviser, Marsh obtained unauthorized access to confidential data on approximately 730,000 Morgan Stanley clients.

In total, Marsh conducted a total of approximately 6,000 unauthorized searches in the bank’s computer systems, and illegally acquired data including names, addresses, telephone numbers, account numbers, fixed-income investment information and account values from about 730,000 client accounts, prosecutors said.

Marsh then uploaded the data to servers on his home computer and used it for his personal advantage, prosecutors stated.

In addition, from October of 2013 to December of 2014, Marsh engaged in talks regarding potential employment with two of the bank’s competitors.

Source:patch.com