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....
S&P 500 on course for worst day since mid-December as tech shares also hit...
Investment banking divisions expected to shine for traditional Wall Street rivals after year of rising animal spirits...
Article URL: https://www.techdirt.com/2026/01/15/state-department-threatens-uk-over-grok-investigation-because-only-the-us-is-allowed-to-ban-foreign-apps/ Comments URL: https://news.ycombinator.com/it...
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...
Article URL: https://parliamentnews.co.uk/uk-officials-could-face-us-entry-ban-over-x-policy Comments URL: https://news.ycombinator.com/item?id=46614963 Points: 15 # Comments: 4...
Banks argue that stablecoin rewards offered through exchanges exploit a GENIUS Act loophole, blurring the line between payment tokens and savings accounts....
The statement comes amid controversy surrounding allowing yield-bearing stablecoins in the Senate Banking Committee’s upcoming crypto bill....
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...
Letter seen by FT appears to undermine claims that chair of US central bank misled Congress over renovation...
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...
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...
Powell typically abstains from directly engaging with Trump's personal attacks. Al Drago/Getty Images The world's most senior bankers have rallied around embattled Federal Reserve Chair Jerome Powell....
Peeling back the layers of the ambiguously-regulated US prediction market...
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 ...
Bankinter joins Tether and BBVA in the $35 million investment round after the Spanish crypto exchange received its MiCA license in 2025....