Your Daily Dose of Financial News


The Depository Trust & Clearing Corporation—the company that “serves as the back end for much Wall Street trading”—has announced a big step forward in the embrace of blockchain technology to track and report transactions. IBM and Axoni will help usher in the move to the Bitcoin-style ledger system – NYTimes and WSJ

Donning its speculating cap, White Collar Watch imagines the SEC under nominee Walter J. Clayton as agency with a very different enforcement mandate – NYTimes

Streetwise, for its part, delivers a healthy dose of skepticism when it comes to banking on economic forecasting – WSJ

HSBC has agreed to pay a #32.5 million civil penalty as part of an agreement with the OCC to resolve allegations that the bank failed to correct previously identified mortgage servicing violations – Law360

What would we call an essentially Yahoo!-less (and Mayer-less) Yahoo?  That would be Altaba – NYTimes and WSJ and Bloomberg

Sometimes a change in perspective can do us all some good.  Like, say, Earth from the POV of a Martian.  Check it out – NYTimes

Roll Tide.  And just keep rolling, actually, because we’re in Tiger town now, baby – ESPN

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