No Data
Market Chatter: JPMorgan Chase Considering Exit From Net-Zero Banking Alliance
Wolfe Research Adjusts Price Target on Bank of America to $54 From $50, Keeps Outperform Rating
The 15.92% Average Gain in Inauguration Year: Will Trump's Second Term Echo the Trend?
Big Banks Flee Climate Coalition Formed to Reduce Carbon Emissions -- WSJ
U.S. bank reserves have fallen below 3 trillion dollars, reaching the lowest level since 2020.
The reserves of the Bank of America system have dropped below 3 trillion USD, reaching the lowest level since October 2020, which is an important Indicator regarding the Federal Reserve's decision to continue reducing its balance sheet. Data released by the Federal Reserve on Thursday showed that as of the week of January 1, bank reserves decreased by approximately 3.26 billion USD to 2.89 trillion USD. This is the largest weekly decline in two and a half years. This decline comes at the end of the year, forcing banks to cut balance sheet-intensive activities, such as repurchase agreement Trades, to enhance accounts to meet regulatory requirements. This means that Capital is flowing to places like the Federal Reserve's overnight reverse repurchase tool, away from the Federal Reserve's Other.
Bank of America Options Spot-On: On January 2nd, 94,415 Contracts Were Traded, With 3.1 Million Open Interest
Buy n Die Together❤ :