Exclusive-JPMorgan to outsource $500 billion custody business in Hong Kong, Taiwan - sources

Exclusive-JPMorgan to outsource $500 billion custody business in Hong Kong, Taiwan – Canada Boosts

© Reuters. FILE PHOTO: A J.P. Morgan emblem is seen in New York Metropolis, U.S. January 10, 2017. REUTERS/Stephanie Keith/File Photograph By Selena Li HONG KONG (Reuters) – JPMorgan Chase (NYSE:) is ready to outsource the operations of its native custody enterprise in Hong Kong and Taiwan with Citigroup, HSBC and Commonplace Chartered (OTC:) within…

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Commerzbank secures BaFin license for crypto custody services By Investing.com – Canada Boosts

Commerzbank (ETR:) has obtained a regulatory nod from Germany’s Federal Monetary Supervisory Authority (BaFin) to offer cryptocurrency custody companies to institutional traders. This improvement positions Commerzbank as the primary full-service financial institution within the nation to enterprise into the realm of digital asset custody, probably signaling a broader acceptance and integration of cryptocurrencies inside its…

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