Utility Settlement Coin gains £50m backing and moves forward with backing of banks
State Street, BNY Mellon and MUFG among those backing the tokenisation project aimed at transforming clearing and settlement.
Tag: MUFG
Major banks fined over €1 billion for role in FX trading cartel
European Commission has fined Barclays, RBS, Citigroup, JP Morgan and MUFG a total of €1.07 million for involvement in FX trading cartel.
MUFG joins Neptune’s bond axes network as 25th dealer
Neptune’s network provides the buy-side with bond axes and inventory data from major investment banks.