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THIS JUST IN: DTCC's new white paper outlines post-quantum security risks and considerations for #finserv as #technology capabilities continue to advance: https://t.co/mzM6k6MXFW

The collapse of Archegos Capital Management revealed vulnerabilities at the banks supervised by the Federal Reserve, the U.S. central bank said in a report released Wednesday.

Archegos Capital Management LP made a last-ditch effort to falsely persuade banks its survival was not at stake in an unsuccessful bid to forestall the sudden collapse of the $36 billion private investment firm, U.S. prosecutors said.

“As of Sept. 30, almost £6 billion of old £50 notes and more than £5 billion of the £20 ones will no longer be accepted by UK businesses…”

Source: https://t.co/eNP4MyxfDt