HSBC Upgrades Bank of America(BAC.US) to Buy Rating, Raises Target Price to $50

Moomoo News19:32 ET · Ratings

Bank of America Options Spot-On: On January 6th, 127.9K Contracts Were Traded, With 3.18 Million Open Interest

Moomoo News16:30 ET

Market Climbed Monday Just Past Santa Rally High Water Mark | Wall Street Today

Kevin Travers16:22 ET

Barr resigned from the position of Vice Chairman for Bank Supervision at the Federal Reserve, and there are uncertainties regarding the capital reform regulations.

Michael Barr, the Vice Chairman responsible for bank regulation at the Federal Reserve, plans to resign from this position to avoid potential conflicts with incoming President Trump. With his departure, the future of the new capital rules for Bank of America is in question. The Federal Reserve stated on Monday that Barr plans to step down on February 28 unless his successor is confirmed beforehand. He will continue to serve as a member of the Federal Reserve Board. Barr stated, "The Vice Chairman for bank regulation was established after the Global financial crisis to enhance the Federal Reserve's transparency and accountability in financial system oversight, and the risk of controversy surrounding this position may distract us from making..."

Global Market Report.14:56 ET

What's Going On With Bank of America Shares Monday?

Benzinga13:17 ET

Express News | Barclays Maintains Overweight on Bank of America, Raises Price Target to $58

Benzinga12:53 ET