JPMorgan Chase & Co. will store gold held by the world’s biggest exchange-traded fund in its vaults, a major coup ... Previously HSBC Holdings Plc had sole responsibility for holding the bullion.

Using blockchain to reduce the time it takes investors to make checks or queries on holdings, the new HSBC platform, known as Digital Vault, will give investors real-time access to records of ...

Gold ETFs may not provide true crisis protection, as differences in storage, redemption rights, and derivative use can affect ...

According to the report, HSBC intends to move its current paper-based records onto its Digital Vault platform by March 2020, allowing investors to track securities in real-time. The U.K.-based ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. HSBC creates a ‘digital twin’ of an existing physical ...

HSBC had been the sole custodian for SPDR Gold ... "The addition of JPM will change the current, single-custodian and vault operating model, to accommodate the activity of the fund in anticipation ...

The $52.5bn SPDR Gold Trust (GLD) has held all its bullion in HSBC’s London vaults since its inception as the first physically backed gold ETF in 2004. However, it is now adding a second ...

LONDON, Nov 8 (Reuters) - HSBC (HSBA.L), opens new tab plans to launch in 2024 a custody service for storing blockchain-based assets excluding cryptocurrency, the bank said on Wednesday.

JPMorgan and HSBC are the world’s top two bullion banks, with businesses spanning everything from trading futures with hedge funds to sending physical gold across the globe. Their vaults are key ...

JPMorgan Chase & Co. will store gold held by the world’s biggest exchange-traded fund in its vaults, a major coup for the bank’s bullion business. The lender will now act as an additional ...