HSBC

DBS Bank Joins Global Blockchain Network to Digitize Trade Settlement

Singapore-based multinational banking firm DBS Bank has joined the blockchain trade-finance network Contour, which is built over R3’s Corda. Contour is due for a main-launch later this year. According to a May 11 report by the business news outlet The Business Times, DBS Bank is the first bank from Singapore to join the network. Major …

DBS Bank Joins Global Blockchain Network to Digitize Trade Settlement Read More »

Libra Association Names HSBC Chief Legal Officer as First CEO

The Libra Association has named HSBC Chief Legal Officer Stuart Levey as its first chief executive. The group announced Wednesday that Levey would be joining “later this summer,” and will be overseeing the project’s work to “combine technology innovation with a robust compliance and regulatory framework.” He has been at HSBC since 2012. Levey has …

Libra Association Names HSBC Chief Legal Officer as First CEO Read More »