・Bank of America CEO Brian Moynihan said as much as $6 trillion in bank deposits could shift to interest-paying stablecoins. ・Moynihan warned small businesses could feel it first, as fewer bank ...
Bank of America (BAC) CEO Brian Moynihan said Thursday that U.S. President Donald Trump's proposal to cap credit card interest rates would slow consumer spending and restrict access to credit. “If you ...
The boom in AI investment this year likely will have a bigger impact on the U.S. economy, Bank of America CEO Brian Moynihan said on Monday. “The AI investment’s been building during the year and is ...
Moynihan said on the bank’s earnings call on Wednesday that stablecoins structured like money market funds would pull deposits out of the banking system, forcing banks to rely on expensive wholesale ...
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