What Q3 investment banking trends reveal about the economy A former bank examiner for the Federal Reserve Bank who is a risk-management practitioner weighs in. Fortune · Oct 22, 2024
BofA Extends Guaranteed FX Rates Up To One Year, Industry's Longest Tenor In the 8th year since the bank launched guaranteed FX rates with tenors longer than 24 hours, the solution currently supports more than 200 currency pairings across various tenors, with the 1-year tenor now available for 37 currency pairs. International Business Times · Oct 21, 2024
Should you buy Nvidia stock now? It may be a once-in-a-generation opportunity Bank of America reiterated a buy rating on Nvidia stock and raised its price target to $190, implying its market cap could explode to $4.7 trillion. Fortune · Oct 20, 2024
BofA CEO says U.S. economy is the envy of the world—but could lose its power due to national debt Brian Moynihan, CEO of Bank of America, said the U.S. needs to get its “eyes and stomach in line.” Fortune · Oct 16, 2024
Buy This High-Yield Dividend Stock for 19% Payout Growth Until 2026 Citigroup stock has a dividend yield of 3.4%, and Goldman Sachs expects its dividend payout to rise at a CAGR of 19% between 2024 and 2026. Is the stock a buy for its fat dividend? Barchart · Oct 15, 2024
Boeing lines up $35 billion in liquidity amid strike, layoffs The company could issue $25 billion in shares or debt and also revealed a new $10 billion credit agreement with major lenders. Fortune · Oct 15, 2024
S&P Futures Tread Water Ahead of Fed Speak and More Big Bank Earnings December S&P 500 E-Mini futures (ESZ24) are trending down -0.03% this morning as investors looked ahead to quarterly reports from more big banks while also awaiting remarks from Federal Reserve officials. Barchart · Oct 15, 2024
Bank of America CEO says endless curiosity is key to leadership success Bank of America CEO Brian Moynihan says crises provide the best teaching opportunities for leaders. Fortune · Oct 11, 2024
1 Dividend Aristocrat That Just Scored a New Street-High Price Target The newest entrant to the storied 'Dividend Aristocrat' club just received a bullish rating from Bank of America. Barchart · Oct 9, 2024
Reshoring creating small business boom in South and Midwest A new report from Bank of America suggests this investment is spilling over to small businesses in the South and Midwest. Fortune · Oct 9, 2024
How to Play the New Bull Market in Chinese Stocks Thanks to monetary stimulus, the China bull market is back. And now, with Xi Jinping onboard, it looks like massive fiscal stimulus is coming, as well. Economists in China are talking about a possible $1.4 trillion stimulus. Adding to the bullish mood is the fact that mainland Chinese investors are… Barchart · Oct 3, 2024
Bank of America Outage Had Customers Seeing Zeros A widespread outage at Bank of America showed $0 balances for many customers. Kiplinger · Oct 3, 2024
Here’s what’s impacted as the dockworker strike halts U.S. ports The strike could affect imports of several commodities like bananas. Fortune · Oct 3, 2024
Massive Bank of America outage — live updates on $0 account balances Bank of America customers across the U.S. are experiencing issues when checking their balances on both the company’s app and website. Tom’s Guide · Oct 2, 2024
International Business Times · Oct 2, 2024 Bank Of America Customers Shocked By Zero Balances In Online Account Glitch Reports of the outage began flowing into Downdetector around noon ET Wednesday.
The Independent UK · Oct 2, 2024 Bank of America is down: Users report their accounts showing empty balance during widespread outage Nearly 20,000 customers reported having trouble accessing their accounts
Barchart · Oct 1, 2024 Bank of America Earnings Preview: What to Expect Bank of America is set to report its third-quarter earnings in mid-October, with analysts anticipating a decline in the bottom line in the lower double digits.
Top News · Oct 1, 2024 Bank Of America Predicts Short Port Strike, Biden Intervention Likely Bank of America predicts a short port strike, likely resolved by invoking the Taft-Hartley Act.
Fortune · Sep 30, 2024 Mark Zuckerberg loses spot as world's 3rd richest person to LVMH's Bernard Arnault "'Quiet luxury' has supported average selling price at the expense of volumes," Bank of America analysts wrote. "The industry needs to pivot back to creativity."
Fortune · Sep 26, 2024 CFOs of Goldman Sachs and Bank of America upbeat about the Fed's rate cut This week, the big bank finance chiefs weighed in on the economy.
Fortune · Sep 25, 2024 Buffett sells more Bank of America as Berkshire nets $9 billion Berkshire still owns a 10.5% stake in the bank worth about $33 billion, making it the conglomerate’s third-largest public holding.
Barchart · Sep 24, 2024 3 Cheap Warren Buffett Favorites To Buy With $1000 And Hold For 20 Years Warren Buffett, one of the greatest investors of all time, has built his fortune by selecting businesses with long-term value and strong fundamentals.
Fortune · Sep 23, 2024 BofA details clients’ 5 major economic fears—then knocks them all down “For now, we think the broader macro data flow does not point to recession," Bank of America's economics team wrote Monday.
The Guardian - UK · Sep 19, 2024 JP Morgan creates new role to prevent overwork among junior bankers Bank’s head of diversity and inclusion appointed to help tackle long hours and support staff wellbeing
Barchart · Sep 18, 2024 1 Defensive ETF to Buy Now Before the Fed Cuts Rates As the Federal Reserve is expected to cut interest rates, investors are seeking defensive strategies, and the Utilities Select Sector SPDR Fund (XLU) stands out as a reliable option, offering stability, income, and a low expense ratio.