Bank of America Corporation Announces CME Term SOFR as Benchmark Archives

Banking
News

Bank of America announces redemption of €2.0 billion of floatinate Senior Notes, due April 25, 2024

April 10, 2023
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Bank of America announces redemption of €2.0 billion of floatinate Senior Notes, due April 25, 2024

Banking
News

Bank of America Corporation Announces CME Term SOFR as Benchmark Replacement Rate for Certain Outstanding USD LIBOR Securities

April 6, 2023
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The Bank of Canada has published the Bank of Canada Oversight Activities for Financial Market Infrastructures 2022 Annual Report. The Report reviews the Bank’s oversight of designated clearing and settlement systems, also known as financial market infrastructures (FMIs).

Brazil’s Digital Leap: The Success Story in Motion
Brazil leads a fintech revolution with PIX, open finance, and Drex, shaping one of the world’s fastest-growing digital economies. Brazil, the largest country in South […]
Starling Expands to Canada, Eyes North American Growth via Banking Software Platform ‘Engine’
UK-based neobank Starling is establishing a presence in Canada, opening a new office in Toronto as part of its broader North American expansion strategy. The […]
BNPL Credit Reporting Plans Stall as Klarna, Afterpay Withhold Data Over Fairness Concerns
Efforts to include Buy Now, Pay Later (BNPL) loans in credit scores are facing early resistance, as major providers Klarna and Afterpay announce they will […]
Lloyds Bank Taps Hedera Blockchain in Landmark Tokenized Collateral Pilot, Signaling Major DeFi Shift
In a surprising yet significant move, Lloyds Bank, one of the UK’s most traditionally conservative financial institutions, has partnered with Aberdeen Investment and digital asset […]
RBC’s ATOM AI Model Redefines Banking with Hyper-Personalized Client Insights and Scalable Intelligence
TORONTO, July 29, 2025 — Royal Bank of Canada (RBC) has announced significant progress in its AI journey with its proprietary foundation model, ATOM (Asynchronous […]