Riksbank enlists Handelsbanken for e-krona pilot
Sweden's central bank has called in Handelsbanken and software firm TietoEvry for the latest stage of its central bank digital currency pilot.
What Deutsche Bank’s Restructuring Means for the Firm, Banking Industry
Jul.08 — Deutsche Bank AG’s latest restructuring plan will trim 18,000 jobs while shuttering the bank’s equities trading business. Bloomberg’s Sonali Basak and Bloomberg Intelligence’s Alison Williams examine the plan on “Bloomberg Surveillance.”
Genesis Creditor Sees Possible Full Recovery of Funds
VanEck, one of the largest creditors ensnared in Genesis Global’s bankruptcy, expects Barry Silbert’s Digital Currency Group – the parent of the troubled crypto lender – to pitch in when it comes to meeting its obligations. Matthew Sigel, VanEck head of digital assets research, says it’s possible for a full recovery of funds. He’s on “Bloomberg Crypto.”
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EU Lawmakers Vote to Impose Restrictions on Banks’ Crypto Holdings
The European Parliament’s Economic and Monetary Affairs Committee voted to impose strict restrictions on banks seeking to hold crypto. “The Hash” panel discusses the rules, whether they’re likely to pass into law and the potential repercussions for the global crypto industry.
Sweden’s Riksbank Lifts Policy Rate to 0.75%
Sweden’s central bank raised its key policy rate by 50 basis points to 0.75% Thursday and forecasted a policy rate near 2% by the start of next year. Dani Burger has the details on Bloomberg Television.