Six major banks -- Barclays PLC, Credit Suisse Group AG, Canadian Imperial Bank of Commerce, HSBC Holdings PLC, Mitsubishi UFG Financial Group Inc. and State Street Corp. -- announced they will work together to create a new digital currency to be released in 2018, Fortune reported Aug. 31.

Global: Major Banks To Collaborate On Digital Currency

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Six major banks -- Barclays PLC, Credit Suisse Group AG, Canadian Imperial Bank of Commerce, HSBC Holdings PLC, Mitsubishi UFG Financial Group Inc. and State Street Corp. -- announced they will work together to create a new digital currency to be released in 2018, Fortune reported Aug. 31. 

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Global: Major Banks To Collaborate On Digital Currency

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