Generative Data Intelligence

Tag: BoA

GBP Swaps variation margin in a financial crisis

We covered the significant increase in initial margin for cleared GBP Swaps in two recent blogs; How Kwasi Kwarteng has increased your IM and...

US Close: Stocks rebound on Apple and Employment Cost Index declines

US stocks rallied after both solid results from Apple and a softer-than-expected fourth quarter employment cost index. The Fed Chair closely watches employers costs as that was a key trigger for their hawkish pivot last month. Wall Street is finishing the trading week wanting to believe that the US growth outlook is still there for […]

Bank of America Predicts U.S. CBDC Rollout between 2025 and 2030


The Bank of America Corp. said that the US is likely to issue its own digital currency between 2025 and 2030, Bloomberg reported. (Read More)

Here’s what led to a week of turmoil on Solana’s network

Solana, which was somewhat of a star performer in 2021, has suffered a week of turmoil. Solana had identified that its mainnet beta was experiencing high levels of network congestion. Interestingly, this is not the first time this has happened either. Earlier this month, users experienced delays and failure in transactions on Binance as well. […]

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