Fresh Today

Fresh Today

NEW YORK—Commerzbank AG, Bank of Montreal, Erste Group Bank AG and CaixaBank SA have joined an initiative launched by UBS Group AG and IBM Corp aimed at building blockchain-based technology to support trade finance transactions.

ARLINGTON, Va.—Despite conflicting data and opinions aired by panel members in September, NAFCU Vice President of Research and Chief Economist Curt Long said that based on a strong labor market and growing GDP, the Federal Open Market Committee (FOMC) will likely move forward with a rate hike in December.