HSBC
Libra Association Names HSBC Chief Legal Officer as First CEO
The Libra Association named HSBC Chief Legal Officer and former U.S. Under Secretary of the Treasury Stuart Levey as its new CEO. Levey will take the reins later this year.
HSBC Puts $10B of Private Placements on R3's Corda Blockchain
HSBC is using blockchain as opposed to a traditional database because it plans to tokenize the $10B in private placements after it digitizes them.
HSBC to Track $20 Billion in Assets on a Blockchain Next Year
HSBC plans to track $20 billion in private-placement assets on its Digital Vault, allowing investors real-time access to their records.
HSBC, SGX to Investigate if DLT Offers Efficiency Boost for Bond Markets
A new trial will examine if digitalizing fixed income securities with DLT can bring new efficiencies to the Asian markets.
HSBC Targets China Trade With Yuan-Demoninated Blockchain Letter of Credit
HSBC has carried out the first blockchain-based letter of credit transaction denominated in Chinese yuan.
HSBC Exec Urges CFTC to Make More ‘Positive Noise’ About Blockchain
HSBC's Jesse Drennan asked the CFTC to make more "positive noise" about distributed ledger tech to spur business adoption.
SWIFT Teams Up With Major Banks, SGX to Trial Blockchain Voting
Financial messaging giant Swift has teamed up with Singapore Exchange and several major banks to trial a DLT platform for shareholder voting.
HSBC Exec Says Using Blockchain Slashed Forex Trading Costs by 25%
An HSBC executive has told Reuters that using blockchain slashed the costs of settling foreign exchange trades.
Barclays and Clearmatics Call on Coders to Help Blockchains Talk to Each Other
U.K. bank Barclays and startup Clearmatics will hold a hackathon next month to spur ideas for blockchain interoperability.
The First Live Enterprise Blockchain Sets Sights on Every Area of Global Trade
Trade finance DLT platform we.trade is seeking partnerships with other networks, with TradeLens and Tradeshift as prime candidates.
