BAC241213P48000
- 2.38
- +0.53+28.65%
Bank of America Newsroom
Market Chatter: Sycamore Partners Approaches Banks for Financing Walgreens Boots Alliance Buyout
Market Mixed on Friday the 13th | Livestock
Update: Market Chatter: Bank of America Promotes 387 Employees to Managing Director
RBC Capital Maintains Bank of America(BAC.US) With Buy Rating, Raises Target Price to $50
RBC Capital Sticks to Its Buy Rating for Bank of America (BAC)
Trump Advisers Seek to Shrink or Eliminate Bank Regulators
Bank of America Options Spot-On: On December 12th, 104.22K Contracts Were Traded, With 3.36 Million Open Interest
Thursday Ends in Index Declines | Wall Street Today
Bank Stocks Slip After CFPB Finalizes Overdraft Fee Rule
'Crypto Hippie' Financial Advisor Calls Stocks 'Dinosaur Bones' — But Likes Some ETFs
Pimco: Banks' risk transfer tools may have "hidden" risks.
PIMCO urges caution regarding the rapidly growing Synthetic Risk Transfer (SRT) market. These tools are increasingly being used by banks to transfer risk and enhance lending capacity. Pimco portfolio manager Kris Kraus and others highlighted in a report this week that SRT should be treated with caution within the asset-backed financing sector, "because of its significant capital formation or hidden risks that are yet to be verified." Banks in Europe and an increasing number of Bank of America are using SRT, also known as significant risk transfer, to transfer loan review risks to investors, thereby freeing up capital for issuing new loans. Since last year.
Food prices drive unexpected acceleration in USA PPI, but PCE increase is expected to be relatively moderate.
Wholesale inflation in the USA unexpectedly rose in November, with soaring egg prices overshadowing the slowing price increases in other categories. Data released by the US Labor Statistics Bureau on Thursday showed that the Producer Price Index (PPI) increased by 0.4% month-on-month, marking the largest increase since June, while the median expectation among economists surveyed by Bloomberg was 0.2%. The PPI rose by 3% compared to the same period last year, which is the largest increase since the beginning of 2023. The core PPI, excluding food and Energy, rose by 0.2% from the previous month and increased by 3.4% from the same period last year. The CPI report released on Wednesday showed that the core inflation rate in the USA remained strong for the fourth consecutive month.
"Person of the Year" Trump rings the opening bell at the NYSE, emphasizing that "the stock market is everything."
On December 12, the elected President Trump was named Time Magazine's Person of the Year for 2024, ringing the opening bell at the NYSE that day; Trump rang the bell with the CEO of ICE and the CEO of Time Magazine, along with the president of the NYSE, while the CEOs of companies such as Goldman Sachs and Citigroup were present; Trump promised an "unprecedented economy," planned to increase oil drilling to reduce inflation, and committed to lowering the corporate tax rate to 15%.
Market Falls Thursday, Producer Inflation Grows, and Tech Pulls Back From Records | LiveStock
U.S. Bank Profits Slide 8.6% as Interest Income Is Up
Big Banks Will Get Bigger Under Trump In 2025: Analyst
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