Wells Fargo, HSBC to utilize blockchain for interbank forex settlement
Fargo Wells

Wells Fargo, HSBC to utilize blockchain for interbank forex settlement

Home » Business » Wells Fargo, HSBC to use blockchain for interbank foreign exchange settlement Wells Fargo and HSBC Bank revealed plans to use a blockchain platform to net and settle foreign exchange (FX) transactions. The banks will settle bilateral transactions using a shared settlement system to process USD, CAD, GBP, and EUR transactions with plans to…

Wells Fargo documents for Bitcoin fund
Fargo Wells

Wells Fargo documents for Bitcoin fund

Wells Fargo is offering its wealthy clients indirect exposure to Bitcoin through a new fund issued in partnership with NYDIG and FS Investments.

Wells Fargo Now Gives Bitcoin & Crypto CONTACT WITH Wealthy Clients
Fargo Wells

Wells Fargo Now Gives Bitcoin & Crypto CONTACT WITH Wealthy Clients

Business Insider reports that wealthy Wells Fargo clients can now get Bitcoin & crypto exposure through the bank.High-net-worth Wells Fargo clients can now get Bitcoin & crypto exposure, a company spokesperson informed Business Insider, making Wells Fargo the latest in a long line of traditionally conservative financial institutions to venture into Bitcoin.In May, it was reported that…

Wells Fargo Will Offer Actively-Managed Cryptocurrency Product
Fargo Wells

Wells Fargo Will Offer Actively-Managed Cryptocurrency Product

Wells Fargo will launch an actively-managed cryptocurrency strategy to qualified investors, likely to include some form of bitcoin exposure.Wells Fargo is apparently preparing to embrace bitcoin and other cryptocurrencies, as Darrell Cronk, the president of the bank’s investment institute, told Business Insider that a research division is “planning to evaluate and onboard an actively managed…

Wells Fargo Investment Institute to onboard crypto clients by next month
Fargo Wells

Wells Fargo Investment Institute to onboard crypto clients by next month

The investment bank is ready to give crypto a chance, after declaring that it had matured and evolved of late.