Citi Financial News

Amid a bearish crypto market, Miami and its mayor Francis Suarez are seemingly losing their enthusiasm for cryptocurrencies and blockchain technology, according to some industry observers. 

Travel in 2023 has been expensive. Indeed, some prices — like those for international flights — have hitrecord highs.

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Disclaimer: The text below is a press release that is not part of  Cryptonews.com  editorial content.

Chinese provinces are continuing to push digital yuan adoption, with the central bank digital currency (CBDC) set to find new uses in the worlds of education and public transport.

Boutique investment bank William Blair has doubled dealmaker numbers in Europe over the past two years, and will continue to build its business in the region even as larger competitors cut back, its top City banker said.

Canton Network participants include 3Homes, ASX, BNP Paribas, Broadridge, Capgemini, Cboe Global Markets, Cumberland, Deloitte, Deutsche Börse Group, Digital Asset, The Digital Dollar Project, DRW, Eleox, EquiLend, FinClear, Gambyl, Goldman Sachs, IntellectEU, Liberty City Ventures, Microsoft, Moody’s, Paxos, Right Pedal LendOS, S&P Global, SBI Digital Asset Holdings, Umbrage, Versana, VERT Capital, Xpansiv, and Zinnia.The Network will provide a decentralized infrastructure that connects independent applications built with Daml, Digital Asset’s smart-contract language. Using the Network, financial institutions will be able to enjoy a reconciliation-free environment where assets, data, and cash can synchronize freely across applications.For example, asset registers and cash payment systems are distinct and siloed systems in today's markets.

Thomas Wagner’s multi-billion dollar hedge fund Knighthead Capital Management has acquired a significant stake in the English football club Birmingham City FC.

Deutsche Bank’s £410m acquisition of City broker Numis threatens to upend the pecking order in UK investment banking, as the German lender aggressively bolsters its dealmaking team following a three-year pullback.

LONDON — When Ryan Reynolds and Rob McElhenney bought Wrexham AFC, a small Welsh soccer club languishing in the fifth tier of the English league pyramid, many were skeptical that the two Hollywood stars would be able to give its long-suffering fans anything to cheer about.

The following is an excerpt from «This week, your wallet,» a weekly audio show on Twitter produced by CNBC's Personal Finance team. Listen to the latest episode here .

Takeover fever gripped the City of London in April, with private equity houses tabling offers for a swathe of London-listed companies.

City investment bank Numis saw profit slump by 60% as the UK's listing drought has continued into 2023.

Stella Fau Clarke is chief strategy officer at compliance software firm Fenergo

BEIJING — A new restaurant scene is growing more popular across China: fine dining.

In this article

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

An Argentinian lawmaker has suggested that citizens should save their money in crypto, rather than United States dollars.

The Bank of England could give City firms a 50% discount on their fines if they settle early with the regulator.

The Chinese province of Hebei is attempting to spur digital yuan adoption by issuing residents central bank digital currency (CBDC) discount coupons.