megabanks

The Bank of Japan (BoJ) will launch a pilot program in April to test its central bank digital currency — the digital yen. According to BoJ Executive Director Shinichi Uchida, the program aims to achieve two goals: "First, to test the technical feasibility... and second, to utilize the...

In a new report, Stifel analyst Mark Murphy discusses the growing pessimism in the five-year credit default swap (CDS) market for U.S. megabanks Goldman Sachs Group Inc (NYSE: GS), Morgan Stanley (NYSE: MS), Wells Fargo & Co (NYSE: WFC), Citigroup Inc (NYSE: C), JPMorgan Chase & Co. (NYSE...