Bank of America Projects Q4 NII, IB & Wealth Management Fees to Rise
Schneider Electric Named the Official Sustainability Partner of the Boston Marathon Presented by Bank of America
Invest in 5 Investment Bank Stocks to Enrich Your Portfolio in 2025
Wells Fargo Maintains Bank of America(BAC.US) With Buy Rating, Maintains Target Price $56
KBW Maintains Bank of America(BAC.US) With Buy Rating, Maintains Target Price $57
Consumer Finance Watchdog Caps Bank Overdraft Fees
KBW Remains a Buy on Bank of America (BAC)
Market Chatter: Bank of America Promotes 387 Employees to Managing Director
Express News | Bank of America : RBC Raises Target Price to $50 From $46
The yen faces new risks as strategists worry that the Bank of Japan may delay interest rate hikes until March or later.
A new risk is emerging for the Japanese yen, as forex strategists in Tokyo warn that the Bank of Japan may not raise interest rates until March next year or later. On Wednesday, the market got a taste of this danger as traders reacted to a report that the Bank of Japan reportedly thinks it can afford to wait a bit longer to increase rates, causing the yen to fall to its lowest level in over two weeks. The yen against the dollar dropped to 152.82, and the market is still debating whether the Bank of Japan will take action during the meeting on December 19 or at the next meeting about a month later. Shusuke, the head of Japan forex and rates strategy at Bank of America in Tokyo.
Regulations on Cryptos in the USA are expected to loosen, but major Wall Street banks remain cautious.
Despite the expectation of regulatory loosening, Bank of America bankers remain cautious about Cryptos.
Trump is reportedly set to ring the bell at the NYSE today. What does it signify?
① According to media reports, the USA's incoming president Trump will go to the NYSE on Thursday to ring the opening bell and deliver a speech; ② There are reports that Trump will be named Time Magazine's Person of the Year for 2024, but this has not yet been confirmed by Time; ③ Since Trump's announcement of victory, the three major US stock indices have risen repeatedly, with the market encouraged by promises of tax cuts and deregulation.
Bank of America Options Spot-On: On December 11th, 125.84K Contracts Were Traded, With 3.34 Million Open Interest
The CEO of Bank of America stated that sales and Trade business in the fourth quarter is expected to reach a new high, with Investment Banking business revenue surging.
Bank of America CEO Brian Moynihan said that the quarterly revenue trend of the bank's investment banking business will increase by at least 25% year over year, while sales and trading business are expected to reach new highs. Moynihan said at the Goldman Sachs Financial Services conference on Wednesday that investment banking revenue for the fourth quarter could exceed $1.4 billion as deals “continue to grow.” Analysts had predicted that the investment banking revenue of the second-largest bank in the US would be close to 1.5 billion US dollars, which is equivalent to an increase of about 27%. Meanwhile, Moynihan said the sales and trading business should once again record year-on-year growth, now
Bank of America CEO Sees Net Interest Income Moving up the Ladder From $14.3B in Q4
Bank of America Corporation (BAC) Goldman Sachs 2024 U.S. Financial Services Conference (Transcript)
BofA Promotes 387 to Managing Director, 16% More Than Last Year
Express News | Bank of America CEO Brian Moynihan Says the US Needs to Finalize Basel Capital Regulation - Conference
Express News | Bank of America CEO Brian Moynihan Says Have More Confidence in Nii and Will Keep Building Through Next Year
Express News | Bank of America CEO Brian Moynihan Says Companies Are Feeling Stronger Because of Favorable Environment in Trump Administration