Bank of America to launch its own USD-backed stablecoin in efforts to charm Trump
Bank of America CEO Brian Moynihan has confirmed that the bank plans to enter the stablecoin market, should US regulations allow it. Speaking at a Washington, D.C. event on Tuesday, Moynihan said that the bank is preparing to launch a USD-backed stablecoin in efforts to align with self-proclaimed ‘crypto president’ Donald Trump’s agendas after he
Bank of America CEO Hints at Launching Dollar-Pegged BofA Stablecoins
Bank of America CEO Brian Moynihan signals the financial industry's shift toward the crypto economy, stablecoins potentially on the horizon.
Bank of America CEO Says Bank Will Likely Launch Its Own Stablecoin
Bank of America, which has historically taken a backseat in the crypto industry, is prepared to launch its own dollar-backed stablecoin if U.S.
Bank of America CEO says it could launch stablecoin if regulations allow: CNBC Crypto World
On today's episode of CNBC Crypto World, bitcoin and ether add to Tuesday's losses while XRP rises. Plus, Bank of America CEO Brian Moynihan tells the Economic Club of Washington D.C. that the bank could launch a stablecoin if regulations are passed.
Bank of America CEO signals potential stablecoin launch
Bank of America (BAC) is poised to enter the stablecoin market, contingent upon the passage of favorable legislation by U.S. lawmakers, according to CEO Brian Moynihan. Speaking at the Economic Club of Washington,
Bank of America's Moynihan downplays Trump's Davos jab
Brian Moynihan argued Tuesday that the president's allegations of politically motivated debanking stem from the problem of ...
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BofA’s Moynihan: Trump’s de-banking rebuke stokes regulatory dialogue
The Bank of America CEO, speaking Tuesday, said the real issue behind the president’s de-banking jab was “over-regulation.” ...
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Bank CEOs Dimon and Moynihan deny debanking accusations, admit 'things can be fixed'
JPMorgan Chase CEO Jamie Dimon and Bank of America CEO Brian Moynihan ... Donald Trump criticized Moynihan during his remote address to the World Economic Forum in Davos, Switzerland, last ...
New York Post29d
How Obama, Biden crackdowns spurred ‘debanking’ fiasco
Jamie Dimon, left, and Brian Moynihan were called out by ... the bankers say. Trump giving Moynihan an earful at Davos last week. AFP via Getty Images The crackdown took a bit of a break ...
Sucking up on the sly: The changing rules of office sycophancy
Everyone loathes a sycophant. Management experts warn about the poisonous influence of the flatterer. Academics cite the business risks of being surrounded by servile toadies. Leaders insist they are ...
BofA CEO Says Over-Regulation Leads to Debanking of Customers
Over-regulation of lenders is the main driver of customers being shut out of the US banking system, and not political bias, ...
Yahoo Finance16d
Davos: The World Economic Forum
Bank of America (BAC) CEO Brian Moynihan discusses the environment he is envisioning ... Catch up on Yahoo Finance's coverage of the 2025 World Economic Forum (WEF) in Davos, Switzerland. For ...
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BofA CEO expects Fed to hold on rates, urges simpler regulation
Feb 25 (Reuters) - Bank of America (BAC.N), opens new tab expects the Federal Reserve to hold interest rates steady this year and into next year, CEO Brian Moynihan said on Tuesday. "It takes ...