Banking

miningsmall2
Compass Mining Says Chase Shut Down Bank Accounts Without Warning
The accounts held about 7% of the company's cash.
miningsmall2

shutterstock_585693446
Samsung Plans to Test Mobile Phone Functionality With South Korea's CBDC Pilot
The electronics giants will look at whether transactions can be completed without internet availability.
shutterstock_585693446

pnc-financial-bank-branches-ahead-of-earnings-figures
PNC Bank Planning Crypto Offering With Coinbase
A source said PNC, the fifth-largest bank in the U.S., plans to offer crypto investment services to clients.
pnc-financial-bank-branches-ahead-of-earnings-figures

shutterstock_1672534726
Colombia's First Commercial Bank Will Let Users Transfer Money to Crypto Exchange
Banco de Bogotá will allow money transfers with crypto exchange Buda.com as part of a pilot program in August.
shutterstock_1672534726

spy-scandal-leaves-ubs-group-ag-with-a-headache
UBS Mulls Offering Prime Brokerage Services for Crypto ETPs to European Hedge Funds: Sources
The Swiss bank is operating a pilot program with plans to possibly launch a wider rollout to clients in a few months, one source said.
spy-scandal-leaves-ubs-group-ag-with-a-headache

u-s-stocks-decline-a-second-day-as-investors-await-jobs-report
Goldman Sachs Settling Crypto ETPs in Europe: Sources
The U.S. bank’s prime brokerage division is offering services in crypto-linked ETPs to some of its European hedge fund clients.
u-s-stocks-decline-a-second-day-as-investors-await-jobs-report

bank-of-america-headquarters-as-revenue-seen-declining-in-2016
Bank of America Is Clearing Crypto ETPs for Hedge Funds in Europe: Sources
The bank’s prime brokerage unit is said to be allowing clients to access various crypto exchange-traded products.
bank-of-america-headquarters-as-revenue-seen-declining-in-2016

screen-shot-2016-05-11-at-3-38-23-pm
Silvergate Took $4.3B in Deposits From Digital Currency Customers in Q2
The majority of the bank’s new deposits came from cryptocurrency exchange clients.
screen-shot-2016-05-11-at-3-38-23-pm

bank-of-america-locations-ahead-of-earnings-figures
Bank of America Approves Bitcoin Futures Trading for Some Clients: Sources
Clients are in the process of being set up, with some already live, according to one of two sources.
bank-of-america-locations-ahead-of-earnings-figures

grayscale-at-conesnsus-2016
First Midwest Bank Trust Division Holding 29.5K Shares of Grayscale Bitcoin Trust
First Midwest Bank Trust Division has $14 billion of assets under management and is the third-largest independent Illinois-headquartered bank.
grayscale-at-conesnsus-2016