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Category Bank of America

Stablecoins Could Drain Trillions From Bank Deposits: Bank of America Flags $6T Risk That Could Redefine Lending

Stablecoins Could Drain Trillions From Bank Deposits: Bank of America Flags $6T Risk That Could Redefine Lending

Stablecoin growth could siphon trillions from U.S. banks, shrinking lending capacity and raising borrowing costs, as Bank of America warns lawmaker...
Wall Street’s top banks hit record 2025 revenue as deal flow rebounds

Wall Street’s top banks hit record 2025 revenue as deal flow rebounds

Wall Street’s largest banks have closed out 2025 on a high note, delivering record revenues and rising profits as a rebound in dealmaking, buoyant ...
Bank of America CEO says stablecoins could drain trillions in bank deposits

Bank of America CEO says stablecoins could drain trillions in bank deposits

BofA CEO Brian Moynihan echoed other banks in warning that $6 trillion in bank deposits were at stake, even as he said the bank will “be fine.”
Bank of America CEO Warns $6T in Deposits Could Flow into Stablecoins

Bank of America CEO Warns $6T in Deposits Could Flow into Stablecoins

Bank of America CEO Brian Moynihan has warned that stablecoins could pull trillions of dollars out of the US banking system. The post Bank of Ameri...
Bank of America Q4 beat estimates, but here’s why BAC stock may stay in red

Bank of America Q4 beat estimates, but here’s why BAC stock may stay in red

Bank of America (NYSE: BAC stock) delivered a solid beat on earnings and revenue for the fourth quarter, reporting diluted earnings of $0.98 per sh...