Bank of America (BAC) expects to launch its own stablecoin, following in the footsteps of JPMorgan and Citigroup. The bank’s CEO, Brian Moynihan, spoke about the development on Wednesday but did not give a timeline on the potential stablecoin launch. JUST IN: 🇺🇸 Bank of America expects to launch a crypto stablecoin, Reuters reports. — Watcher.Guru (@WatcherGuru) July 16, 2025 …
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Brian Moynihan, CEO of Bank of America, leaves the U.S. Capitol after a meeting with Republican members of the Senate Banking, Housing and Urban Affairs Committee on the issue of debanking on Thursday, February 13, 2025. Tom Williams | Cq-roll Call, Inc. | Getty Images Bank of America on Wednesday posted mixed results for the second quarter, beating estimates on …
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The upcoming week marks the beginning of earnings season, with a lineup of heavyweights across banking, healthcare, tech, and industrials. Big banks lead the charge with reports from JPMorgan Chase (NYSE:JPM), Bank of America (NYSE:BAC), Goldman Sachs ( Source link
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