Sentences with phrase «consortium of financial institutions»
A consortium of financial institutions that control majority shares in the Agricultural Development Bank (ADB), has pledged its shares, proceeds, entitlement and voting rights to uniBank, a leading wholly - owned Ghanaian bank.
http://ghanapoliticsonline.com/
A consortium of financial institutions that control majority shares in the Agricultural Development Bank...
The Monetary Authority of Singapore (MAS) announced that it is partnering R3, a Blockchain technology company, and a consortium of financial institutions on a proof - of - concept project to conduct inter-bank payments using Blockchain technology.
The Long - Term Capital crisis was resolved by a consortium of financial institutions providing capital in return for ownership.
Not exact matches
A consortium of Canadian financial institutions banded together, branded themselves the Maple Group and made a counter-offer.
Scotiabank has announced that they plan to join a consortium of international financial institutions led by US investor group Ripplewood Holdings, to buy the troubled Long - Term Credit Bank of Japan.
R3 represents the largest consortium of global financial institutions working on developing commercial applications for the distributed ledger technology that's at the heart of blockchain technology.
FinTech Trends The launch of the blockchain - enabled asset trading platform Nasdaq Linq, Goldman Sachs» filing of a patent for a securities settlement system based on a new virtual currency called SETLcoin, and the continued rise of blockchain banking consortium R3 all point to a race by financial institutions to harness the power of the blockchain.
In May 2016, Ping An became one of the first Chinese financial institutions to join the R3 banking consortium.
The Small Business Revolving Loan Fund will provide low - interest loan capital to alternative lenders — community development financial institutions, credit unions, and small business lending consortia — to address the small business credit crisis and get millions of dollars into the hands of small businesses quickly.
The consortium had launched the software on Dec. 6 and since then, a total of 1,421 books have been purchased by those financial institutions meant to be downloaded by the public.
The proposed acquisition of Canadian exchange operator TMX Group by a consortium of Canadian financial institutions has won approval from Canada's top securities regulator, potentially clearing the way for approval by the country's main competition watchdog.
Counseling numerous financial institutions, private equity funds and other business enterprises in scores of public and private mergers, acquisitions, dispositions, joint ventures and consortium transactions, including in traditional and distressed circumstances.
Takemiya, himself a member of the Hyperledger blockchain consortium, believes that «big financial institutions» are lining up to add a new asset class to their existing product offers.
Most recently, groups of financial institutions and enterprises (R3, the Linux - led Hyperledger consortium and the Enterprise Ethereum Alliance) have all seen major software milestones.
Headquartered in New York, R3's consortium of global financial institutions now includes members from Asia, Europe and North America, but the entrance of Ping An is notable given that the firm operates within China, the world's second largest economy.
BBVA is also a member of R3, the consortium of the world's largest financial institutions to explore the use of blockchain in the financial sector.
«In a public blockchain anyone in the world can send transactions to and expect to see them included if they are valid, and anyone in the world can participate in the consensus (transaction) process... In a consortium blockchain consensus process is controlled by a pre-selected set of nodes; for example, one might imagine a consortium of 15 financial institutions....
Such public musings come at a time when rumors persist that some major financial institutions are cutting back on investments in blockchain tech, while members of R3CEV's blockchain consortium allegedly publicly voice issues with the proposed funding the startup is requesting in order to move forward on its work.