The Latest Breaking News from BAC

Eatala Rajender, BJP MLA and former Minister, accused CM K. Chandrasekhar Rao of being worse than the 'rulers' of united Andhra Pradesh. He criticized the govt. for confining Assembly sessions to 3 days, not inviting them to BAC meeting, not allotting them room, and not addressing people's problems after heavy…

After a turbulent few months, the banking sector seems to have stabilized lately, as the big banks reported better-than-expected results in the second quarter. However, risks of potential defaults and slowing loan growth could impact the industry in the upcoming months. I think bank stocks JPMorgan Chase (JPM), Bank of…

After months of turmoil, the U.S. banking sector is showing some signs of stability. Bank of America (BAC), the second-largest U.S. bank by assets, is stuck with more than $100 billion in paper losses at the end of the first quarter. However, the bank has substantial cash reserves to handle…

As soon as Question Hour started, former CM Basavaraj Bommai appealed to the Speaker to give him an opportunity to make a preliminary submission on non-implementation of the 5 guarantees of the Congress.

Nearly midway through Thursday trading, 109 calls are exhibiting unusual options activity. Seventy-six of them have ask prices of $1 or less.

The US is BAC’s largest primary global market.

A bear put spread is created through buying an out-of-the-money put and selling a further out-of-the-money put. The maximum profit is equal to the distance between the strikes, less the premium paid. The loss is limited to the premium paid.

Four Filipina domestic workers sue diplomat employers in Europe’s latest case of exploitation in diplomatic households.

A bear call spread is a type of vertical spread, meaning that two options within the same expiry month are being traded. One call option is being sold, which generates a credit for the trader. Another call option is bought to provide protection against an adverse move.