JPMorgan, National Bank of Canada, others test debt issuance on blockchain

NEW YORK (Reuters) – JPMorgan Chase & Co has tested a new blockchain platform for issuing financial instruments with the National Bank of Canada and other large firms, they said on Friday, seeking to streamline origination, settlement, interest rate payments...

Australia vows crackdown on corporate misconduct as bank inquiry claims AMP scalp

SYDNEY (Reuters) – An Australian inquiry into financial sector misconduct claimed its first scalp on Friday as the chief executive of the country’s largest wealth manager stepped down over revelations of board-level deception and misappropriation of...