Credit Suisse

Paxos Trumpets Same-Day Shares Settlement Using Blockchain

Instinet and Credit Suisse helped hit the “T+0” settlement cycle for U.S. equities.

Business  ·  6 April 2021

Paxos, Credit Suisse Claim First Blockchain-Based Settlement of US Equities

The Paxos Settlement Service has gone live, allowing for the simultaneous exchange of cash and a select number of U.S.-listed securities on the firm's own private version of ethereum.

Business  ·  20 February 2020
Bitcoin Mining

Canaan’s Post-IPO Stock Plunge Reveals Sales Slump, Price War With Bitmain

Cryptocurrency mining computer-maker Canaan Inc. may have picked the worst time for its initial public stock offering.

Markets  ·  17 December 2019
Switzerland

Credit Suisse Arm Sees Blockchain Benefits After Fund Distribution Trial

A Credit Suisse subsidiary has completed a blockchain trial for fund transactions, concluding the tech offers "considerable benefits."

Business  ·  8 February 2019
Banking

Inside State Street Bank’s Blockchain Deliberations

The global custody bank's tech and product teams are keen to transform securities lending into a peer-to-peer market, but not all are on board.

Business  ·  8 August 2018
Banking

Banking Giants Send $30 Million in Securities Over DLT

Credit Suisse and ING say they have successful sent securities worth €25 million ($30 million) over a system built with R3's Corda.

Business  ·  1 March 2018
News

Credit Suisse CEO: Bitcoin the ‘Very Definition of a Bubble’

Credit Suisse CEO Tidjane Thiam has said that bitcoin is in a bubble, and interest in the cryptocurrency will soon wane.

Markets  ·  2 November 2017
Ethereum

Ex-Credit Suisse Exec to Launch ICO for Luxury Good Platform

A former executive for Credit Suisse is preparing to launch an initial coin offering (ICO) for a new ethereum-based startup.

Business  ·  2 November 2017
Banking

Is Blockchain Ready for Fiat? Why Banks See Big Promise in Crypto Cash

Both new and founding members of the Utility Settlement Coin project think its work could lead central banks to adopt blockchain-based fiat currency.

Policy & regulation  ·  6 September 2017
Loans

Credit Suisse Eyes 2018 Launch for Blockchain Loans Platform

A group of banks led by Credit Suisse is eyeing the launch of a blockchain platform for syndicated loans, according to reports.

Business  ·  21 August 2017
News

Major Banks, Startups Advance Blockchain Syndicated Loan Pilot

A group of banks and finance firms led by Credit Suisse have completed the next phase of a blockchain proof-of-concept focused on syndicated loans.

Markets  ·  30 March 2017
Banking

The Lack of Blockchain Talent is Becoming An Industry Concern

At the DTCC's Fintech Symposium, the lack of available blockchain job applicants was cited as a roadblock to industry goals.

Business  ·  2 March 2017
JP Morgan

JP Morgan, Credit Suisse Among 8 in Latest Bank Blockchain Test

Axoni partners with JP Morgan and Credit Suisse to build a blockchain-based equity swaps processing prototype.

Business  ·  18 October 2016
Startups

R3 Banks, Startups Test Blockchain System for Syndicated Loans

A syndicated loan exchange trial utilizing blockchain being undertaken by a group of banks alongside startups R3 and Symbiont is moving ahead.

Business  ·  27 September 2016
Banking

7 Financial Firms Test Blockchain for Data Management

Credit Suisse, Citi and HSBC are among seven financial firms to participate in a blockchain data management trial.

Business  ·  20 September 2016