Bank of America BAC.N has scrapped some of its diversity initiatives as it navigates a new business climate under U.S. President Donald Trump. The second largest U.S. lender dropped references ...

Bank of America (BofA) CEO Brian Moynihan has revealed that the banking giant is ready to introduce its own stablecoin once the U.S. establishes a clear regulatory framework for digital assets.

Bank of America wants to launch a USD-backed stablecoin if it gets the green light from regulators. CEO Brian Moynihan says stablecoins could work like money market funds but tied to a U.S. dollar ...

Bank of America is preparing to launch its own stablecoin once regulations allow it, according to CEO Brian Moynihan. Speaking at the Economic Club of Washington, D.C., Moynihan said the bank is ...