Banking

After flooding the world with unprecedented trillions in stimulus in the wake of the COVID-19 crisis, governments and central banks will have no choice but to embrace blockchain — the technology that powers bitcoin

Jane Fraser’s ascension as Citigroup’s CEO answers a question many have had for years: When would the U.S. banking industry, dominated by men in leadership positions for decades, get its first female big bank CEO?

The European Central Bank, the Bank of Japan, the Bank of England, and the Swiss National Bank have all announced today that they would be scaling back their US dollar liquidity operations.

Here are today’s biggest headlines, including updates on the Fed’s extension of its lending programs, Kodak’s $765M loan, and Boaz Weinstein’s really, really, really good year.

Here are today’s biggest headlines, including updates on rising joblessness claims, Tesla’s earnings, and M&A activity.

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