Tag: Bank of America
While a safety deposit box at a bank may seem like the most secure place to store expensive jewelry and important documents, a few clients have found out otherwise. Apparently, …
Microsoft and Bank of America have announced their merger to “fuel transformation of trade finance transacting” with the help of the technology behind the blockchain. “In an announcement at …
For those investors who own US bank stocks, the past few days have not been pleasant by any means. Both Bank of America and Morgan Stanley dropped by 13% …
Several large financial institutions (JP Morgan, Citigroup, Bank of America, Credit Suisse Group) have participated in a blockchain trial involving credit-default swaps (CDS) derivative contracts. The CDS contracts became …
Bank of America has been working on a prototype distributed ledger system to modernize trade finance. This project is another example of the bank’s effort to gain a foothold …
While bankers do not believe that bitcoin will end up going mainstream, it is clear that they share a strong belief in the digital currency’s underlying system- the blockchain. …
