The Project’s Success Bodes Well for Other DLT Applications DH Corp., a provider of technology solutions to financial institutions globally, and Dutch bank Rabobank announced that they have successfully completed a proof of concept for blockchain/distributed ledger technology (DLT) that supports D+H’s payments services hub, and paves the way for other applications of DLT…. Read More >>
Two Ex-Rabobank Traders Face Jail Time in the U.S.
While U.S. presidential candidates cry for more investment banking personnel to be in orange jumpsuits, two former derivatives traders for Rabobank, headquartered in Utrecht, The Netherlands, might one day be donning new outfits as they have been sentenced to serve time in a U.S prison. The sentencing of the two British nationals last week followed… Read More >>
Barclays Bids Farewell to its IB CEO and Welcomes New COO
Barclays Also Welcomes a New Chief Operating Officer Tom King, the CEO of the Investment Bank at Barclays, will retire on March 4, 2016, after overseeing “a period of extraordinary change,” Barclays officials announced late last week. “After nearly 25 years in my career, and having now seen the Investment Bank through a period of… Read More >>
Rabobank to Slash 9,000 Jobs — Many from the Back Office
With the layoff of 9,000 employees, European cooperative Rabobank has joined a growing line of banks making large-scale redundancies in 2015 as the industry faces tighter capital requirements, among other pressures. Rabobank, a Dutch co-operative bank that is active in 40 countries, announced details of a new strategic direction on Dec. 9, 2015 that it… Read More >>
