Bank of America Archives

Bitcoin Is ‘Volatile’, Not an Inflation Hedge, and Is ‘Impractical’, Says Bank of America Analyst

March 21, 2021

Bank of America analyst Francisco Blanch has slammed the flagship cryptocurrency bitcoin using various criteria in a review of the bull argument for BTC. Per Blanch, bitcoin has many flaws including its vol...

Three Bank of America Executives Discuss Future Of Digital Payments In Podcast, Confirming Bank’s Partnership With Ripple

April 11, 2020

Bank of America (BofA) executives have confirmed their partnership with XRP-parent company Ripple. According to a report by XRPArcade, executives for the U.S.’s second-largest bank by total assets have confi...

HSBC Secures Sean Statuto as Senior VP of FX Sales

April 17, 2019

HSBC, a British multinational banking and financial services holding company, has managed to secure a new recruit in its foreign exchange (forex) operations. According to a report from FX Week this Wednesday,...