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Weekly Roundup: HSBC Considering Move, Bitcoin Firm Applies for New York License, and More
printHSBC may relocate from the United Kingdom in response to "regulatory and structural reforms" enacted since the 2008 global financial crisis, the bank said in a statement ahead of its annual shareholders meeting Friday. More The review could take around six months, sources told Sky News. More Bitcoin exchange itBit has applied for a New York banking license and could be approved within two weeks, making it the first virtual currency firm to operate with regulatory approval as a bank in the United States, Reuters reported Thursday, citing anonymous sources. The company's exchange is based in Singapore, though its primary...
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