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Latest Results from /wholesale

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JPMorgan Chase expands into Dubai

JPMorgan Chase is planning to expand in Dubai as part of a push to collaborate with more Middle Eastern businesses.

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Central banks of England, Thailand and Singapore to explore synchronised FX settlement

The Bank of England, the Monetary Authority of Singapore, and the Bank of Thailand have joined together to explore the technical and policy implications of settling tokenised foreign exchange (FX) transactions using synchronised settlement mechanisms.

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MAS sets out AI risk management guidelines

The Monetary Authority of Singapore is to hold bank board members and senior staff responsible for manging risks from the deplyment of artificial intelligence.

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JPMorgan and DBS explore interoperability of tokenised deposits

JPMorgan's blockchain unit Kinexys is working with Singaporean bank DBS to develop an interoperability framework for tokenized deposit transfers across various types of blockchain networks.

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BNP Paribas deploys AI to speed up ESG assessments

BNP Paribas has deployed generative AI to alleviate the time spent by staff in filing ESG assessment reports.

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IOSCO highlights risks of tokenisation

A report from the International Organization of Securities Commissions (IOSCO) has highlighted the challenges involved with the nascent tokenisation market including uneven efficiency gains for participants, legal uncertainty and inconsistent regulation.

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EIB upgrades green finance digital tool

The European Investment Bank (EIB) has extedned the coverage of its online tool, Green Checker, which is designed to identify projects eligible for green financing

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Bank of England opens consultation on stablecoin regulations

The Bank of England has published a consultation paper (CP) setting out its proposed regulatory regime for sterling-denominated systemic stablecoins, including a cap on holdings for individuals and businesses.

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Paystand acquires stablecoin network Bitwage

Blockchain-enabled B2B payments company Paystand has acquired cross-border stablecoin payments network Bitwage

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Ripple raises $500 million at $40 billion valuation

Digital asset infrastructure fim Ripple has reached a $40 billion valuation on a $500 million funding round.

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United Fintech acquires Trade Ledger

United Fintech, an umbrella outfit dedicated to scooping up a stable of capital markets, wealth management and wholesale banking vendors, has made its seventh acquisition to date, buying out commercial lending platform Trade Ledger.

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Sustainable Finance.Live 2025: ClearBank delivers the impossible

Charles McManus, co-founder and board director of ClearBank, delivered the keynote ‘Delivering the Impossible – A Case Study’, which recounted the inception and journey of ClearBank, and explored new possibilities for modern open banking infrastructure.