Archive for the ‘banking industry’ Category

Jed McCaleb Predicts Big Future for Stellar and Blockchain

Monday, July 16th, 2018

Early in his career, Jed McCaleb made it his mission to utilize and promote new technologies that would not only interest the public but also make life more efficient as a whole. Since the early dot.com era, Mr. McCaleb has been heavily involved in doing just that, founding eDonkey, as well as one of the earliest Bitcoin exchanges, Mt. Gox, which he has since sold. In recent years, he has been intimately involved with a number of budding tech organizations, including Ripple, which has since, gone on to create its own lane within the world of cryptocurrency. His latest project, Stellar, for which he is the Chief Technology Officer, is also making waves within the world of cryptocurrency and blockchain, as it focuses on creating a new network that will allow for quick and easy transactions across nations.

Jed McCaleb recently discussed his budding cross-border payment system with CNBC, as well as the ways in which he expects cryptocurrency and blockchain to gain footing, with a trajectory that will potentially interrupt the banking system as we know it. In his opinion, the future looks bright for blockchain, and he predicts that there will be “a universal payments network” that will allow people to continue utilizing the dollar and the euro. At Stellar, Mr. McCaleb is working to present a product that will diminish many of the issues currently experienced by established cryptocurrencies, such as Bitcoin, as their transactions could be completed in a fraction of the time – estimated to be “5 seconds or less.”

Jed McCaleb also offered his opinion regarding the future of stocks around the world, as he believes they will eventually become digitized by utilizing blockchain technology. If he is correct, the sheer number of things to trade may result in “decentralized exchanges.” Despite the fact that Stellar is still in the early stages, computer titan, IBM, has already begun utilizing Mr. McCaleb’s network in conjunction with several large banking institutions “in order to develop a cross-border payments system.”

How Anil Chaturvedi Became A Prominent Banker

Monday, May 28th, 2018

Anil Chaturvedi is an international banker of Indian descent. He has years of experience in both corporate and private banking as well as investment banking. His particular expertise is handling cross border transactions taking place between India and the European Union. He graduated in 1973 from Delhi University, earning a bachelor’s degree in economics. He also earned an MBA in that same year from this university’s Delhi School of Economics.

After having worked in the banking industry in India for a number of years Anil Chaturvedi moved to the United States. For four years he worked in New York City for the State Bank of India. He was the manager in charge of development and planning. His market while at this firm was non-resident Indian people. He was able to bring in more than $500 million in new business while in this position resulting in being named Man of the Year during this time.

After working for a few years for ANZ Grindlays Bank’s New York branch Anil Chaturvedi landed at Merrill Lynch as their international managing director. For 18 years he was a private banker who had clients throughout the United States, Asia, Europe, and India. He had many very wealthy clients and became a member of the prestigious Circle of Champions. After almost 18 years in this position he decided to move to Geneva, Switzerland. He is now the managing director of Hinduja Bank.

At Hinduja Bank Anil Chaturvedi helps form partnerships between firms that want to form cross border strategic alliances. He is also involved in other areas such as mergers and acquisitions, credit syndication, and raising capital. He has also helped numerous Indian startups, particularly tech companies involved in e-commerce. He says India is a company that comes with high risks but also high rewards when it comes to investing.

In 2006 Anil Chaturvedi and his wife, Kiran, launched the Kiran and Anil Chaturvedi Foundation, Inc. This organization provides funding to a number of international charities. This organization also makes grants to various entities and encourages voluntarism among the broader public.

http://www.nishith.tv/videos/seminar-munich-investment-opportunities-for-european-businesses-in-india-recent-learnings-road-ahead-panel-2-apr-26-2016/

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