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Bank of America

Bank of America recently unveiled a strategy focused on the virtual currency segment, making clear the bank's desire to launch its own stablecoin. In this regard, BofA CEO Brian Moynihan confirmed last week that the company is in the process of developing a stablecoin, but is cautious about issues…
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Bank of America reports 63 % profit increase

US bank Bank of America posted net attributable profit of $ 7.26 billion for the third quarter of 2021 as a whole, equivalent to an increase of 63.5 % compared to the same period last year, according to of the income statement. "We have…

Bank of America seeks to incentivize racial equality

Bank of America raised its plan to encourage and improve racial equality and economic opportunity in the United States by $ 250 million through a series of investments and direct actions, according to a statement. The initial plan,…