Bank of America

Trustology, a New Crypto Custody Provider for Institutions, Releases Hot Wallet ‘TrustVault’

October 30, 2019
Trustology, a company created by bankers who worked on companies such as BNY Mellon, UBS and the Bank of America, has recently released a new product: a custodial hot wallet that is catered to institutional investors. This new wallet is called TrustVault and, at first, it may look a lot like a normal phone wallet. However, it has

Bank of America Wants to Patent a New Blockchain System to Enhance Cash Handling

December 26, 2018
According to a new application that was published on the 25th of December, the Bank of America is planning something huge. The Bank of America is set to patent a new system that uses blockchain tech to enhance the handling of cash. This application was originally submitted in June last year. In the submitted application,

This lost generation of young men is threatening global stability

June 3, 2014
2014.06.03 More emerging market turmoil is coming in 2015, according to recent note from Bank of America/Merrill Lynch research. And one likely source of short-term instability in particular is largely underappreciated: a huge male youth boom. There’s a close relationship between surging populations of young men and “revolutions, wars and upheavals,” argue Ajay Kapur, Ritesh Samadhiya, and Umesha

6 Financial monsters that have only gotten bigger after destroying the economy

February 19, 2014
2014.02.19 Before the crash of September 2008—the worst economic downturn in the United States since the 1929 crash that marked the beginning of the Great Depression—most Americans had never heard the term “too big to fail.” But that term became all too familiar when hundreds of billions of dollars were set aside to bail out

In 2014 silver forecasts, analysts don’t offer much hope

December 30, 2013
2013.12.30 Silver’s 2013 numbers tell a sad story. The precious metal’s spot price has dropped more than 30% since the beginning of the year, falling from over $30 per ounce in January to about $20 at the end of December. Meanwhile, shares of iShares Silver, the largest silver ETF, have lost 35%. According to Kitco,