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Bank of America Newsroom
Express News | Bank of America Bonus Pool for Investment Bankers Likely to Rise Average 10%, Source Says
Wall Street's Bonus Frenzy: Top Investment Bankers Eye Double-Digit Pay Boosts As Markets Flourish
BlackRock Reportedly Leaving Net-Zero Trade Group
Wall Street's major banks are planning the most generous dividends since the pandemic, with bonuses for Bank of America and Morgan Stanley expected to increase by double digits.
Informed sources reveal that executives from top Wall Street investment banks are finalizing plans to increase the bonuses of traders and trade facilitators to the highest levels since the pandemic, with many departments expected to see increases of 10% or more. Direct sources who wish to remain anonymous say that this level will be the average increase for investment bankers and traders in Stocks and fixed income products at Bank of America. In Morgan Stanley and JPMorgan, traders' bonuses will rise by more than 10%. For JPMorgan investment bankers, the bonus will increase by about 15%. Industry veterans generally expect that some trading teams at Goldman Sachs will receive substantial bonus increases.
Wall Street Bonuses to Climb by 10% or More at Biggest Banks - Report
A summary of USA companies that promised to donate to Trump's inauguration.
Before Trump returns to the White House on January 20, major companies from Wall Street to Silicon Valley have promised to donate to his inaugural Fund, hoping to establish a positive relationship with his new government. These companies include: A spokesperson for Google, under Alphabet, stated that Google has donated 1 million dollars. Amazon donated 1 million dollars. A spokesperson for Amazon stated that the company would broadcast the inauguration ceremony on its Prime Video service. Bank of America, the second-largest lender in the United States, and Goldman Sachs, an investment bank, plan to donate to Trump's inauguration committee but have not yet decided the amount.
Bank of America to Report Fourth Quarter 2024 Financial Results and Host Investor Conference Call on January 16
Bank of America Bond Losses Could Top $100 Billion Due to Rising Rates
Bank of America Securities: Upgraded CHINA FEIHE to Buy rating with a Target Price of HKD 6.5.
On January 7, Eastern Time, Bank of America Securities released a report on the outlook for the Chinese market in 2025, adjusting its outlook for CHINA FEIHE (06186) and raising the Target Price for CHINA FEIHE stocks from HKD 4.5 to HKD 6.5, improving the rating from 'Neutral' to 'Buy'. Bank of America Securities increased the estimated EPS for CHINA FEIHE for 2024-2026 by 4-6%, listing supporting factors including improved product sales channel penetration, a Bullish outlook on product profit certainty, a commitment to continue increasing shareholder returns, and the potential for a new round of supportive policies in China.
Bank of America Options Spot-On: On January 8th, 156.25K Contracts Were Traded, With 3.19 Million Open Interest
S&P 500 Positive for 'First Five Days,' Huang Sees Decades till Quantum | Wall Street Today
A Closer Look at Bank of America's Options Market Dynamics
Wednesday Market Falls, Quantum Computing Pulls Back Hard on Treasury Yield Crunch | Live Stock
Merrill Launches Ultra-High-Net-Worth Advisory Group
Daily short sale tracking: NVIDIA's short volume increased by 13 million, with a short sale ratio of 10%
Today's Analyst Rating | UBS Upgrades Bank of America to Buy, Salesforce Price Target Raised to $400 by Needham
Yield Curve Normalization, Cheap Valuation, EPS Growth To Boost Banks In 2025: Truist Initiates Coverage On These 14 Regional Names
Bank of America Securities: Downgrades the ratings of China Shenhua Energy and Yankuang Energy, prefers PETROCHINA.
Bank of America Securities released a research report recommending investors choose defensively positioned state-owned enterprises. The bank is Bullish on PETROCHINA (00857), which has strong Cash flow, maintaining a "Buy" rating and lowering the Target Price by 3% to 7.8 HKD. The report states that this year is Bearish on the Coal Industry and China Shenhua Energy (01088), due to expected limited growth in coal demand, high inventory levels historically, and ongoing import threats. The bank forecasts that this year's thermal coal price will be 720 RMB per ton (a year-on-year decrease of 16%), and spot prices will be lower than contract prices from the second to the third quarter, while coking coal prices will be 1 per ton.
Bank of America Securities: Maintains a "buy" rating on AIA, with a target price of 92.2 Hong Kong dollars.
Bank of America Securities released a research report stating that it maintains a 'Buy' rating for AIA (01299), with a Target Price of 92.2 Hong Kong dollars. The bank expects that AIA China's new business value profit margin will reach 56% in 2024 and 55% in 2025, higher than 51% in 2023. In addition to benefiting from lower insurance costs and guaranteed interest rates, the bank believes that the strong growth in AIA China's retirement insurance sales is the main driving force. The report states that according to domestic media reports, AIA China's first-year premium income for retirement insurance from January to October 2024 exceeded 2.4 billion yuan, ranking first among peers. Although
Bank of America Options Spot-On: On January 7th, 160.59K Contracts Were Traded, With 3.12 Million Open Interest