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Northern Trusts are doing their part to aid in cryptocurrency investments

U.S.-based custody bank Northern Trust is helping traditional “mainstream” hedge funds expand into cryptocurrencies, Forbes reported Tuesday. Northern Trust’s president, Pete Cherecwich, told the news organization that the financial services firm is working with three hedge funds – whose names he declined to provide – to add cryptocurrency investments to their portfolios. To that end, Northern Trust дальше »

2018-8-1 19:55


Finance Giant Northern Trust Expands to Blockchain and Cryptocurrency

Northern Trust, the 486th largest corporation in the USA, has become the latest financial giant to expand operations into cryptocurrency and blockchain. As reported by Forbes, the 129-year-old institution now provides fund administration to a select group of hedge funds trading Bitcoin and Ethereum and incorporates blockchain-based software for managing private equity workflow. дальше »

2018-8-1 15:30


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Bbva Bank Ceo Calls Blockchain ‘Immature’

Carlos Torres, CEO of Spanish bank BBVA, said blockchain technology is “not mature” and faces major challenges, el Economista reported June 18. According to Torres, the main challenges for blockchain are the “volatility of underlying currencies” and possible compatibility issues with tax authorities and financial regulators. Banco Bilbao Vizcaya Argentaria (BBVA) is a northern Spanish дальше »

2018-6-20 05:34