Fortune magazine has published an interview with the chief executive officer of the financial services giant Bank of America saying that BoA …
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Tag:
Bank
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Adoption
US financial giants Bank of America look to enter stablecoin market as PayPal advances PYUSD
by shayaanby shayaanTraditional financial giants Bank of America and PayPal are making bold moves in the stablecoin sector, signaling the rising institutional interest in …
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Markets
Bank of America Planning To Launch Its Own Stablecoin, According to CEO Brian Moynihan
by shayaanby shayaanBank of America, one of the largest financial institutions in the US, is planning to launch its own stablecoin, according to its …
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Finance
Yougov Poll Reveals Nearly 15% Would Switch Their Bank Accounts for Crypto in Brazil
by shayaanby shayaanAccording to David Eastman, Yougov’s managing director for Latin America, this shows the advance of crypto in Brazil and should serve as …
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Regulation
JPMorgan Chase, Wells Fargo, Bank of America, Citigroup and Morgan Stanley Examining or Eliminating DEI Language After Trump’s Executive Order: Report
by shayaanby shayaanBig banks are quietly scrubbing the public record of their diversity, equity and inclusion (DEI) policies following US President Donald Trump’s upheaval …
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Analysis
Billionaire Warren Buffett Amasses Record $334,000,000,000 Cash Position At Berkshire Hathaway After Dumping $5,500,000,000 of Exposure To Bank of America
by shayaanby shayaanInvesting legend Warren Buffett has built a record $334 billion cash position at Berkshire Hathaway. The firm’s new fourth-quarter and yearly earnings …
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Major cryptocurrency exchange Bybit has seen total outflows of over $5.5 billion after it suffered a near $1.5 billion hack that saw …
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Finance
Swiss-regulated Sygnum Bank weighs in on mainstream enthusiasm for crypto ETFs
by shayaanby shayaanMax Stuedlein, head of strategic digital asset solutions at Sygnum Bank challenged the mainstream enthusiasm around crypto exchange-traded funds. Stuedlein opined that …
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Markets
European Central Bank to Work on Settlement System for Distributed-Ledger Transactions
by shayaanby shayaanThe European Central Bank (ECB) said it is looking to develop a way of settling distributed-ledger technology (DLT) transactions with fiat currency …
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Regulation
German Central Bank President Calls for Introduction of CBDCs To Protect European Sovereignty
by shayaanby shayaanThe president of Germany’s monetary authority is advocating for a central bank digital currency (CBDC). In a question-and-answer session with economists at …