HSBC Upgrades Bank of America(BAC.US) to Buy Rating, Raises Target Price to $50
Bank of America Options Spot-On: On January 6th, 127.9K Contracts Were Traded, With 3.18 Million Open Interest
Market Climbed Monday Just Past Santa Rally High Water Mark | Wall Street Today
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..."
What's Going On With Bank of America Shares Monday?
Express News | Barclays Maintains Overweight on Bank of America, Raises Price Target to $58
Bank of America Analyst Ratings
10 Financials Stocks With Whale Alerts In Today's Session
Why Bank Stocks Care That Michael Barr Is Stepping Down as Top Fed Banking Cop
Shares of US Banks Are Trading Higher After Federal Reserve Board Vice Chair for Supervision Michael Barr Announced He Will Step Down, Effective Feb. 28.
Express News | Shares of US Banks Are Trading Higher After Federal Reserve Board Vice Chair for Supervision Michael Barr Announced He Will Step Down, Effective Feb. 28
Express News | S&P 500 Banks Index Jumps 1.9%
Express News | Goldman Sachs up 2.2%, Morgan Stanley Gains 3.1%
Express News | JPMorgan Chase up 1.4%, Bank of America Climbs 2.9%, Wells Fargo Rises 2.4%
CES Tech Conference Week Starts with Nvidia and Chips Climbing | Live Stock
Pork producer Smithfield applies for an IPO listing on the American stock market.
Pork producer Smithfield Foods announced its paperwork for its initial public offering (IPO) in the USA on Monday. Last year, the IPO market in the USA saw a rebound as a stronger stock market and increased bets on an economic soft landing encouraged companies to go public. Analysts and banking executives expect 2025 to be a bumper year for IPOs in the USA, thanks to lower interest rates and a long list of companies waiting to enter the public market. Smithfield Foods will be listed on the Nasdaq Global Select Market.
Citi Raised to Overweight as Barclays Gets More Bullish on Large-cap Banks
Citigroup's Stock Is a Banking-sector Bargain as 'Inflection Point' Looms, Analyst Suggests
Uber Signs $1.5 Billion Accelerated Share Buyback Deal With Bank of America
US Equity Investors to Watch Out for Labor Market Data This Week as Q4 Earnings Season Kicks In