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European markets set for higher open ahead of expected ECB rate cut with Lagarde

European markets set for higher open ahead of expected ECB rate cut with Lagarde

European markets are set to open higher on Thursday as investors await the European Central Bank’s (ECB) latest monetary policy decision. Economist...
Bank of America CEO on When Banks Will Embrace Crypto for Payments

Bank of America CEO on When Banks Will Embrace Crypto for Payments

Clear regulations could drive banks to adopt crypto for payments, but non-anonymous, verified transactions are a must.
JPMorgan Chase Allegedly Allows $205,542 Withdrawal After Bank of America Warns Cash Is Stolen, Belongs To Customer

JPMorgan Chase Allegedly Allows $205,542 Withdrawal After Bank of America Warns Cash Is Stolen, Belongs To Customer

JPMorgan Chase is accused of allowing hundreds of thousands of dollars to exit a scammer’s account after the bank was warned of fraudulent activity...
Bank of America’s unrealized losses hit $131.6 billion on securities

Bank of America’s unrealized losses hit $131.6 billion on securities

One of the world’s largest financial institutions, Bank of America, has recently reported its unrealized losses that total a staggering $131.6 bill...
BRICS: Bank of America Predicts Future of the US Economy

BRICS: Bank of America Predicts Future of the US Economy

The US economy performed better than expected in September 2023, despite the onslaught initiated by BRICS against the…
HSBC Praises XRP’s DLT For Cross-Border Payments; BOA Patent Surfaces

HSBC Praises XRP’s DLT For Cross-Border Payments; BOA Patent Surfaces

On Sunday, crypto analyst, JackTheRippler shared a screenshot of a patent filed by the Bank of America focusing on Ripple’s Distributed Ledger Tech...
US Inflation Rate Falls to 3%, Below Expected Levels

US Inflation Rate Falls to 3%, Below Expected Levels

The Bureau of Labor Statistics (BLS) has released the Consumer Price Index (CPI) data for the month of…
Ripple Faces Firm Competition From SWIFT gpi: Bank of America

Ripple Faces Firm Competition From SWIFT gpi: Bank of America

Ripple continues to make waves among mainstream financial companies. The firm recently received approval for its ‘Major Payments…