Fintech firm Calastone is aiming to save £3.4bn in fund distribution costs by moving more than 1,700 of its clients to blockchain.
The firm will complete the switch in May, which will be one of the industry's biggest transfers. The benefit of moving to blockchain is a simplification of processes and reduction in costs as information...
Japanese stocks have more than doubled their returns since December 2012, on the back of Abenomics, but many investors are still not convinced of the sustainability of the rally.
Shares up 15% on Friday