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Swift recruits big banks to test its new blockchain ledger
Key insights: Seventeen banks, including BNY, Citi, HSBC, Standard Chartered and Wells Fargo, are preparing to test live, tokenized cross-border payments on the company’s blockchain-based orchestration platform. What’s at stake: The transition to a pilot stage is an important step for Swift as the rise of digital assets threaten its position as a key coordinator…
Paragon adds two-year BBR tracker options
Paragon Bank has added two-year bank base rate (BBR) tracker options for landlords, with rates starting from BBR plus 1%. The range covers single self-contained properties (SSCs), houses in multiple occupation (HMOs) and multi-unit blocks (MUBs), improving landlord choice. For SSC properties at 75% loan to value (LTV), the two-year tracker is priced from…
Positive Breakout: These 8 stocks cross above their 200 DMAs – Upside Ahead?
In the NSE list of stocks with a market cap over Rs 10,000 crore, eight stocks’ closing prices crossed above their 200 DMA (Daily Moving Averages) on July 06, according to stockedge.com‘s technical scan data. The 200-day daily moving average (DMA) is a key indicator traders use to determine the overall trend in a particular…
ECB publishes indicative operational calendars for 2028
ECB publishes indicative operational calendars for 2028
ING seals deal to acquire about 40% of Singular Bank
Singular Bank is a Spanish wealth manager. Credit: lma_ss / Shutterstock.com ING has agreed to acquire a stake of around 40% in Spanish wealth manager Singular Bank. The Dutch bank is buying the stake from private equity firm Warburg Pincus, which currently owns 93% of Singular Bank. Access deeper industry intelligence Experience unmatched clarity with…
