In an earnings call transcript shared on X, BofA CEO Brian Moynihan pointed to studies suggesting yield-bearing stablecoins could draw trillions from the banking system....
The statement comes amid controversy surrounding allowing yield-bearing stablecoins in the Senate Banking Committee’s upcoming crypto bill....
S&P 500 on course for worst day since mid-December as tech shares also hit...
Police say a manipulated emergency exit, that shouldn't open from the outside, gave thieves access in last month's major bank heist in Gelsenkirchen. They warned customers that investigations would li...
Retail crypto access will initially cover Bitcoin, Ether, Litecoin and Cardano through participating cooperative banks....
JPMorgan chief financial officer Jeremy Barnum told investors in an earnings call that stablecoin yields are a “dangerous and undesirable thing.”...
The London Stock Exchange's new Digital Settlement House uses tokenized bank deposits for instant, round-the-clock settlement across blockchain and traditional payment networks....
The “digital-first“ bank created in 2022 is set to go public on the Nasdaq, subject to shareholder and regulatory approvals....
US’s biggest bank also lifts loan loss provisions after agreeing to take over Apple’s credit card portfolio...
Bankinter joins Tether and BBVA in the $35 million investment round after the Spanish crypto exchange received its MiCA license in 2025....
Investment banking divisions expected to shine for traditional Wall Street rivals after year of rising animal spirits...
“We have never seen financial conflicts or corruption of this magnitude,” said Senator Elizabeth Warren on US President Donald Trump's links to World Liberty Financial....
China’s central bank strengthened the yuan’s daily fixing for a third consecutive session to a nearly 16-month high, as the currency also held firm in offshore markets despite recent US dollar strengt...
Article URL: https://josem.co/simple-to-ornate-and-back-again/ Comments URL: https://news.ycombinator.com/item?id=46624208 Points: 3 # Comments: 0...
New Zealand Foreign Affairs Minister Winston Peters rebuked the country’s new Reserve Bank governor, Anna Breman, for wading into US domestic politics after she signed a statement with other global ce...
Tony Stewart will return to NASCAR competition for the first time since 2016 when he drives for Kaulig Racing in the debut of the Ram Truck at next month's season-opening race at Daytona International...
JPMorgan Chase CEO Jamie Dimon. Noam Galai/Getty Images America's biggest bank by assets, JPMorgan Chase, reported fourth-quarter earnings on Tuesday. CFO Jeremy Barnum discussed how reduced interest ...
Crypto experts say political pressure on the US Federal Reserve could drive volatility but also shift flows toward Bitcoin and gold in the long run....
NASCAR's convoluted Playoff format confused most everyone, so on Monday, it announced it was bringing back the postseason formula from 2004-13....
Berlin officials say power has been restored in the southwest of the city after an act of "sabotage" caused a major blackout. Federal prosecutors are investigating a left-wing extremist group. DW has ...