Midst growing debate over the future of money, major central banks across the globe are looking at a possibility of issuing their own digital currencies, said the European Central Bank and the Bank of England. “The central banks of Britain, the euro zone, Japan, Sweden and Switzerland will share experiences in a new group headed…
The development is significant since typically buyout funds focus on physically infrastructure. In contrast Digital Colony’s fund illustrates how investors are now seeking assets that support the digital economy. According to sources familiar with the matter at hand, private equity firm Digital Colony, which has the backing of U.S. real estate investor Thomas Barrack, has…
The move underscores the growing importance of technology in the banking sector. On Wednesday, Standard Chartered disclosed that it has established a business unit which will promote innovation and which will invest in financial technology. While one part of SC Ventures, its business unit which will include internal consultants to help resolve issues with the…
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