Mon, Oct 14, 2024
The investigation is being carried out on the basis of a complaint received from a whistleblower about the top management at Bank of America.
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Tue, Jul 16, 2024
While Bank of America did see higher loan growth and more return on its assets in the quarter, much of the bank's interest income was eaten up by higher interest expenses.
Wed, Jun 19, 2024
BofA's Global Fund Manager Survey: How will the global market look ahead? Could a recession be coming next? When will the US Fed reduce interest rates? Know complete details from Varun Dubey
Tue, Apr 16, 2024
The bank's net interest yield, which is a measure of how much the bank is earning on the loans it has versus the interest it needs to pay out to depositors, dropped from 2.20% in 2023 to 1.99% in 2024.
Sun, Jan 14, 2024
While the S&P 500 banks index rose 7 per cent in 2023, it underperformed indexes tracking industrial or consumer discretionary companies.
Wed, Oct 18, 2023
Citigroup did not disclose paper losses on its portfolio for the third quarter.
Sun, Oct 01, 2023
The order announced Friday also includes Goldman Sachs taking steps to develop a written remediation plan and retain a consultant to advise on and assess its remediation plan.
Tue, Aug 08, 2023
Bank of America (BofA) analysts see the domestic market riding on large and mid-cap stocks from the financial, industrial, auto, staples, and pharma stocks, where it is overweight and cautious/under-weight on IT, utilities, materials and discretionaries.
Tue, Jul 18, 2023
Bank of America's profit rose nearly 20% in the second quarter as it earned more from customers' loan payments, while its investment banking business fared better than expected.
Thu, Jul 06, 2023
Bank of America dividend: Bank of America (BofA) said on Wednesday it planned to increase its quarterly common stock dividend to 24 cents per share from 22 cents per share beginning in the third quarter of 2023.
Fri, May 05, 2023
The Global Brokerage House said in its report released on May 4 that there are strong signs of recession. In such a situation, what strategy should investors make? In which sectors investment should be increased and from where should it come out? The answers to all these questions are in the latest BofA report, so let's know how the portfolio will shine in a recession. Watch this video to know more.
Thu, Mar 16, 2023
Vedanta Group has significant operations in oil and gas, zinc, lead, silver, copper and iron ore among others and is foraying into semiconductors business.
Tue, Mar 07, 2023
Moynihan said the bank forecast U.S. interest rates would start to be reduced in the second quarter of 2024.
Fri, Nov 18, 2022
What's special about the BofA Fund Manager survey? What is the big deal on inflation in the survey? Where are fund managers preparing to buy? Recession outlook on which sector? Know the full news from Arman Nahar.
Bank of America Survey: 85 per cent of the fund managers believe that in 2023, there will be a decline in inflation.
What's special in Bank of America's fund manager survey? What is the big deal on inflation in the survey? Where are fund managers preparing to buy? Recession outlook on which sector? Which sector is preferred by fund managers? Know from Varun Dubey.
Mon, Oct 17, 2022
Dow 30 was trading with gains of over 500 points or 1.72% at 30,145.20. Meanwhile, S&P 500 was trading at 3,669.70, up by 86.63 points or 2.42% and Nasdaq Composite was trading at 10,633.50, higher by 312.09 points or 3.02%
Fri, Oct 14, 2022
Bank Of America has reduced the Nifty target, what is the reason behind this reduction? What is BofA's new target on Nifty now? Know full details from Varun Dubey.
Fri, Feb 04, 2022
RBI is unlikely to change key policy rates next week according to US brokerage firm Bank of America Securities.
Thu, Jan 06, 2022
For 2022, we foresee an increased interest in sectors like AI and Robotics, Sitashwa Srivastava - Co-Founder & Co-CEO - Stockal – said in an interview with Zeebiz’s Kshitij Anand.
Tue, Apr 16, 2019
Technology shares rose 0.57%, and provided the biggest boost to markets on gains in Apple Inc and chipmakers. The Philadelphia chip index rose 1.56 per cent.
Tue, May 02, 2017
"I`m looking at that right now. There`s some people that want to go back to the old system, right? So we`re going to look at that," EFE news quoted Trump as saying in an interview with Bloomberg News.
Wed, Mar 22, 2017
This week`s $23 billion tie-up between Idea Cellular, controlled by the Aditya Birla Group, and the Indian business of Vodafone Group, is the latest example of a trend that is squeezing major international investment banks.
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