Bank of America Corp

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1d
Crain's New York Business
Wall Street will soon be taken over by artificial intelligence, ex Goldman CTO saysto as the bank’s “special sauce.” SecDB eventually spread throughout the bank a
Crain's New York Business / Posted yesterday
to as the bank’s “special sauce.” SecDB eventually spread throughout the bank and was then mimicked by rivals, including Bank of America Corp., where Dubno also worked. article continues below advertisement “The end-state of finance is similar... Read more
2d
Swissinfo
Investors Brace for Big Drops in Cruel World of Rich Assetskeeping the faith despite rich valuations. Equity funds received a cool $8.8 bi
Swissinfo / Posted 2 days ago
keeping the faith despite rich valuations. Equity funds received a cool $8.8 billion in the week to Oct. 18, according to Bank of America Corp., citing EPFR data, spurred by exuberance towards U.S. stocks. There’s one quantum of solace: Jeremy... Read more
3d
The Columbian
Takeaways from Wall Street’s Q3 earningsin the third quarter of 2016 on the heels of Brexit and in anticipation of the
The Columbian / Posted 3 days ago
in the third quarter of 2016 on the heels of Brexit and in anticipation of the U.S. presidential election. And along with Bank of America Corp. and Wells Fargo & Co., the two investment banks said that their money management units and corporate... Read more
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3d
Zero Hedge
The Dollar Funding Shortage: It Never Went Away And It's Starting To Get Worse Againit tougher for global investors to get dollar funding," according to Mark Caban
Zero Hedge / Posted 3 days ago
it tougher for global investors to get dollar funding," according to Mark Cabana, head of U.S. short rates strategy at Bank of America Corp.” Clearly the issue is attracting the attention of investors as BoA analyst, Cabana writes in a recent... Read more
4d
Channel NewsAsia
US bankers hold onto hopes that Trump will boost profitsless than the rise in the broader stock market. In reporting third-quarter ear
Channel NewsAsia / Posted 4 days ago
less than the rise in the broader stock market. In reporting third-quarter earnings, executives at JPMorgan Chase & Co , Bank of America Corp , Citigroup Inc , Goldman Sachs Group Inc and Morgan Stanley said Trump’s actions so far have not driven... Read more
4 related articles
4d
Reuters
U.S. bankers hold onto hopes that Trump will boost profitsless than the rise in the broader stock market. In reporting third-quarter ear
Reuters / Posted 4 days ago
less than the rise in the broader stock market. In reporting third-quarter earnings, executives at JPMorgan Chase & Co, Bank of America Corp, Citigroup Inc, Goldman Sachs Group Inc and Morgan Stanley said Trump’s actions so far have not driven... Read more
4 related articles
4d
Reuters
Wall Street banks look beyond trading to drive profitstrading than competitors and does not have a significant retail operation to of
Reuters / Posted 4 days ago
trading than competitors and does not have a significant retail operation to offset recent declines. JPMorgan Chase & Co, Bank of America Corp and Citigroup Inc, which beat expectations when reporting results last week, have major consumer... Read more
41 related articles
4d
EuroNews
Wall Street banks look beyond trading to drive profitsthan competitors and does not have a significant retail operation to offset rec
EuroNews / Posted 4 days ago
than competitors and does not have a significant retail operation to offset recent declines. JPMorgan Chase & Co , Bank of America Corp and Citigroup Inc , which beat expectations when reporting results last week, have major... Read more
41 related articles
5d
FOX Business
Morgan Stanley smashes estimates on strength in wealth managementhowever, fell 20 percent to $1.2 billion, mirroring declines across the sector.
FOX Business / Posted 5 days ago
however, fell 20 percent to $1.2 billion, mirroring declines across the sector. Citigroup Inc, JPMorgan Chase & Co and Bank of America Corp have all reported steep declines in fixed income trading activity due to a slump in volatility. Revenue... Read more
41 related articles
5d
FOX Business
Morgan Stanley's wealth management unit drives quarterly profitfell 20 percent to $1.2 billion, mirroring declines across the sector. Citigro
FOX Business / Posted 5 days ago
fell 20 percent to $1.2 billion, mirroring declines across the sector. Citigroup Inc. (C), JPMorgan Chase & Co (JPM) and Bank of America Corp (BAC) have all reported steep declines in fixed income trading activity due to a slump in... Read more
41 related articles
5d
FOX Business
Morgan Stanley smashes estimates on strength in wealth managementhowever, fell 20 percent to $1.2 billion, mirroring declines across the sector.
FOX Business / Posted 5 days ago
however, fell 20 percent to $1.2 billion, mirroring declines across the sector. Citigroup Inc, JPMorgan Chase & Co and Bank of America Corp have all reported steep declines in fixed income trading activity due to a slump in volatility. Revenue... Read more
41 related articles
5d
Zero Hedge
"There Were No Calls, That’s Absolutely Crazy": How The Stock Market Diedwhat will trigger the next downturn or when investors should get out. The hazar
Zero Hedge / Posted 5 days ago
what will trigger the next downturn or when investors should get out. The hazards of market timing were illustrated by a Bank of America Corp. study last year, which showed that missing the very end of a bull market often means missing a quarter... Read more
8d
Reuters
Bank of America grows Merrill Edge reach to customers with thousands, not millionsNEW YORK (Reuters) - Bank of America Corp (BAC.N) has been quickly expanding it
Reuters / Posted 8 days ago
NEW YORK (Reuters) - Bank of America Corp (BAC.N) has been quickly expanding its reach to those who are not wealthy enough to be customers of financial advisors within its Merrill Lynch brokerage, but have enough money to open an investment... Read more
8d
Reuters
Bank of America grows brokerage reach to customers with thousands, not millionsNEW YORK (Reuters) - Bank of America Corp (BAC.N) has been quickly expanding it
Reuters / Posted 8 days ago
NEW YORK (Reuters) - Bank of America Corp (BAC.N) has been quickly expanding its reach to those who are not wealthy enough to be customers of financial advisors within its Merrill Lynch brokerage, but have enough money to open an investment... Read more
8d
Reuters
Wells Fargo revises expense outlook, signaling profit difficulties aheadWorking Group has reached multi-billion dollar settlements with other banks ove
Reuters / Posted 8 days ago
Working Group has reached multi-billion dollar settlements with other banks over pre-financial crisis conduct, including Bank of America Corp (BAC.N), JPMorgan Chase & Co (JPM.N) and Goldman Sachs Group Inc (GS.N). “They’re working down toward... Read more
90 related articles
8d
Reuters
Bank of America profit rises on higher rates, lower costs(Reuters) - Bank of America Corp (BAC.N) reported a 15 percent rise in third-qu
Reuters / Posted 8 days ago
(Reuters) - Bank of America Corp (BAC.N) reported a 15 percent rise in third-quarter profit on Friday as the lender kept a tight leash on costs and benefited from higher interest rates. Chief Executive Brian Moynihan’s years-long effort to... Read more
90 related articles
8d
Gulf News
BofA profit rises on higher rates, lower costsBank reported a 15 per cent rise in quarterly profit BENGALURU: Bank of Americ
Gulf News / Posted 8 days ago
Bank reported a 15 per cent rise in quarterly profit BENGALURU: Bank of America Corp, the second-largest US bank by assets, reported a 15 per cent rise in quarterly profit as the lender kept a tight leash on costs and benefited from higher interest... Read more
90 related articles
9d
Channel NewsAsia
BofA profit rises on higher rates, lower costsREUTERS: Bank of America Corp , the second-largest U.S. bank by assets, reporte
Channel NewsAsia / Posted 9 days ago
REUTERS: Bank of America Corp , the second-largest U.S. bank by assets, reported a 15 percent rise in quarterly profit as the lender kept a tight leash on costs and benefited from higher interest rates. BofA's shares rose about 1 percent in... Read more
90 related articles
9d
Market Watch
Bank of America profit climbs but trading slumpsBank of America Corp. said its third-quarter profit rose to $5.59 billion, desp
Market Watch / Posted 9 days ago
Bank of America Corp. said its third-quarter profit rose to $5.59 billion, despite trading headwinds. Quarterly profit at the second-largest U.S. bank by assets rose 13% from $4.96 billion a year earlier. Per-share earnings of 48 cents were up from... Read more
9d
Reuters
BofA profit rises on higher rates, lower costs(Reuters) - Bank of America Corp (BAC.N), the second-largest U.S. bank by asset
Reuters / Posted 9 days ago
(Reuters) - Bank of America Corp (BAC.N), the second-largest U.S. bank by assets, reported a 15 percent rise in quarterly profit as the lender kept a tight leash on costs and benefited from higher interest rates. BofA’s shares rose about 1 percent... Read more
90 related articles
9d
FOX Business
Bank of America profit rises 15% on lower costsBank of America Corp (NYSE:BAC), the second-largest U.S. bank by assets, report
FOX Business / Posted 9 days ago
Bank of America Corp (NYSE:BAC), the second-largest U.S. bank by assets, reported a 15 percent rise in quarterly profit as the lender kept a tight leash on costs and benefited from higher interest rates. Net income attributable to common... Read more
9d
FOX Business
Bank of America profit rises 15% on lower costsBank of America Corp (BAC), the second-largest U.S. bank by assets, reported a
FOX Business / Posted 9 days ago
Bank of America Corp (BAC), the second-largest U.S. bank by assets, reported a 15 percent rise in quarterly profit as the lender kept a tight leash on costs and benefited from higher interest rates. Continue Reading Below Net income attributable to... Read more
9d
Channel NewsAsia
JPMorgan's card gamble lures millennial travelers, squeezes competitorsCard of American Express Co and the Prestige Card of Citigroup Inc. It also lur
Channel NewsAsia / Posted 9 days ago
Card of American Express Co and the Prestige Card of Citigroup Inc. It also lured credit card spending from customers of Bank of America Corp. An American Express executive earlier this year called the move a "full frontal assault" on the... Read more
9d
Reuters
JPMorgan's card gamble lures millennial travelers, squeezes competitorsCard of American Express Co and the Prestige Card of Citigroup Inc. It also lur
Reuters / Posted 9 days ago
Card of American Express Co and the Prestige Card of Citigroup Inc. It also lured credit card spending from customers of Bank of America Corp. An American Express executive earlier this year called the move a “full frontal assault” on the... Read more
9d
Channel NewsAsia
Consumer credit casts cloud over JPMorgan and Citiand loan growth, indicating that they expect JPMorgan's other businesses to con
Channel NewsAsia / Posted 9 days ago
and loan growth, indicating that they expect JPMorgan's other businesses to continue to offset capital markets pain. Bank of America Corp and Wells Fargo & Co , the second- and third-biggest U.S. banks by assets, are due to report results on... Read more
90 related articles
9d
EuroNews
Consumer credit casts cloud over JPMorgan and Citiand loan growth, indicating that they expect JPMorgan’s other businesses to con
EuroNews / Posted 9 days ago
and loan growth, indicating that they expect JPMorgan’s other businesses to continue to offset capital markets pain. Bank of America Corp and Wells Fargo & Co , the second- and third-biggest U.S. banks by assets, are due to... Read more
90 related articles
10d
Zero Hedge
Global Stocks Hit New Record High, Dollar Mixed After Dovish Fedon banks Q3 reports: Trading probably dropped from the same period a year earli
Zero Hedge / Posted 10 days ago
on banks Q3 reports: Trading probably dropped from the same period a year earlier. Executives from JPMorgan, Citigroup and Bank of America Corp. told investors last month to expect declines ranging from 15 percent to 20 percent. Goldman Sachs Group... Read more
10d
EuroNews
BofA signs lease for office space in Paris - Bloomberg (Reuters) – Bank of America Corp has signed a lease for office space
EuroNews / Posted 10 days ago
(Reuters) – Bank of America Corp has signed a lease for office space in Paris, cementing plans to move its European trading hub to France after Brexit, Bloomberg reported on Wednesday,... Read more
11d
Channel NewsAsia
Light trading volume seen as black spot in banks' resultsand commodities trading revenue and flat equity trading revenue, according to K
Channel NewsAsia / Posted 11 days ago
and commodities trading revenue and flat equity trading revenue, according to KBW. Executives from JPMorgan Chase & Co , Bank of America Corp and Goldman Sachs Group Inc all warned in September about weak trading revenue in what they described as... Read more
2 related articles
17d
Reuters
Impact on banks from Britain's vote to leave the EUSonntag in June. He said he expected 12 to 14 major banks to expand their Frank
Reuters / Posted 17 days ago
Sonntag in June. He said he expected 12 to 14 major banks to expand their Frankfurt sites significantly or build new ones. BANK OF AMERICA CORP Bank of America (BAC.N) named former CFO Bruce Thompson as the new leader of its European global... Read more
2 related articles
17d
Channel NewsAsia
Brazil's Meirelles has hired media team ahead of 2018 electionpoll. A civil engineer by training, Meirelles is the former president of BankB
Channel NewsAsia / Posted 17 days ago
poll. A civil engineer by training, Meirelles is the former president of BankBoston, which was eventually acquired by Bank of America Corp, and a former president of Brazil's central bank. (Reporting by Marcela Ayres; Writing by Silvio... Read more
17d
Reuters
Brazil's Meirelles has hired media team ahead of 2018 electionpoll. A civil engineer by training, Meirelles is the former president of BankB
Reuters / Posted 17 days ago
poll. A civil engineer by training, Meirelles is the former president of BankBoston, which was eventually acquired by Bank of America Corp, and a former president of Brazil’s central bank. Reporting by Marcela Ayres; Writing by Silvio... Read more
18d
Newsmax
Trump Has a Plan to Save Coal and Hobble Clean Energya role. So do dozens of large companies that have pledged to power their operat
Newsmax / Posted 18 days ago
a role. So do dozens of large companies that have pledged to power their operations entirely with wind and solar, including Bank of America Corp., General Motors Co. and Alphabet Inc.’s Google. Those dynamics are unlikely to change, said Ken... Read more
18d
San Antonio Express-News
Hurricane Harvey floods hundreds of safe-deposit boxesthousands of boxes to another building where customers can make appointments to
San Antonio Express-News / Posted 18 days ago
thousands of boxes to another building where customers can make appointments to retrieve their items. Wells Fargo & Co., Bank of America Corp. and BBVA Compass didn't specify how many of their safe-deposit boxes were damaged, but are all allowing... Read more
10 related articles
18d
KFDA-TV Amarillo
Hurricane Harvey floods hundreds of safe-deposit boxesthousands of boxes to another building where customers can make appointments to
KFDA-TV Amarillo / Posted 18 days ago
thousands of boxes to another building where customers can make appointments to retrieve their items. Wells Fargo & Co., Bank of America Corp. and BBVA Compass didn't specify how many of their safe-deposit boxes were damaged, but are all allowing... Read more
10 related articles
18d
KCBD-TV Lubbock
Hurricane Harvey floods hundreds of safe-deposit boxesthousands of boxes to another building where customers can make appointments to
KCBD-TV Lubbock / Posted 18 days ago
thousands of boxes to another building where customers can make appointments to retrieve their items. Wells Fargo & Co., Bank of America Corp. and BBVA Compass didn't specify how many of their safe-deposit boxes were damaged, but are all allowing... Read more
10 related articles
18d
NBC Dallas Fort Worth
Hurricane Harvey Floods Hundreds of Safe-Deposit Boxesthousands of boxes to another building where customers can make appointments to
NBC Dallas Fort Worth / Posted 18 days ago
thousands of boxes to another building where customers can make appointments to retrieve their items. Wells Fargo & Co., Bank of America Corp. and BBVA Compass didn't specify how many of their safe-deposit boxes were damaged, but are all allowing... Read more
10 related articles
18d
KTRE Lufkin and Nacogdoches
Hurricane Harvey floods hundreds of safe-deposit boxesthousands of boxes to another building where customers can make appointments to
KTRE Lufkin and Nacogdoches / Posted 18 days ago
thousands of boxes to another building where customers can make appointments to retrieve their items. Wells Fargo & Co., Bank of America Corp. and BBVA Compass didn't specify how many of their safe-deposit boxes were damaged, but are all allowing... Read more
10 related articles
18d
KSWO Lawton-Wichita Falls
Hurricane Harvey floods hundreds of safe-deposit boxesthousands of boxes to another building where customers can make appointments to
KSWO Lawton-Wichita Falls / Posted 18 days ago
thousands of boxes to another building where customers can make appointments to retrieve their items. Wells Fargo & Co., Bank of America Corp. and BBVA Compass didn't specify how many of their safe-deposit boxes were damaged, but are all allowing... Read more
10 related articles
18d
KLTV 7 Tyler
Hurricane Harvey floods hundreds of safe-deposit boxesthousands of boxes to another building where customers can make appointments to
KLTV 7 Tyler / Posted 18 days ago
thousands of boxes to another building where customers can make appointments to retrieve their items. Wells Fargo & Co., Bank of America Corp. and BBVA Compass didn't specify how many of their safe-deposit boxes were damaged, but are all allowing... Read more
10 related articles
18d
KXXV Waco
Hurricane Harvey floods hundreds of safe-deposit boxesthousands of boxes to another building where customers can make appointments to
KXXV Waco / Posted 18 days ago
thousands of boxes to another building where customers can make appointments to retrieve their items. Wells Fargo & Co., Bank of America Corp. and BBVA Compass didn't specify how many of their safe-deposit boxes were damaged, but are all allowing... Read more
10 related articles
19d
Reuters
Bank-backed R3 launches new version of its blockchaintrade associations and professional services firms. In May it raised $107 mill
Reuters / Posted 19 days ago
trade associations and professional services firms. In May it raised $107 million in May from companies including Bank of America Corp, SBI Holdings Inc, HSBC Holdings Plc, Intel Corp and Temasek Holdings. R3 has been helping members... Read more
22d
Newsmax
Trump Tax Cut May Hand Big US Banks a $6.4 Billion Windfallmore than other industries because they typically have fewer deductions. The t
Newsmax / Posted 22 days ago
more than other industries because they typically have fewer deductions. The top six firms -- JPMorgan Chase & Co., Bank of America Corp., Wells Fargo & Co., Citigroup Inc., Goldman Sachs Group Inc. and Morgan Stanley -- paid an average of... Read more
23d
EuroNews
With mega-deals elusive, global M&A deal volumes slip year-to datethere are fewer hurdles and it’s easier to get to the finish line,” said Steven
EuroNews / Posted 23 days ago
there are fewer hurdles and it’s easier to get to the finish line,” said Steven Baronoff, chairman of global M&A at Bank of America Corp . The biggest deal to be signed in the third quarter was the U.S. aerospace and industrial... Read more
23d
FOX Business
US, foreign banks given one-year extension to submit 'living wills': Federal Reservein the event of bankruptcy, the Federal Reserve said on Thursday. The eight do
FOX Business / Posted 23 days ago
in the event of bankruptcy, the Federal Reserve said on Thursday. The eight domestic U.S. banks granted the extension are Bank of America Corp, Citigroup Inc, Goldman Sachs Group Inc, JP Morgan Chase & Co, Morgan Stanley , State Street Corp and... Read more
4 related articles
23d
FOX Business
US, foreign banks given one-year extension to submit 'living wills': Federal Reservethe Federal Reserve said on Thursday. Continue Reading Below The eight domest
FOX Business / Posted 23 days ago
the Federal Reserve said on Thursday. Continue Reading Below The eight domestic U.S. banks granted the extension are Bank of America Corp, Citigroup Inc, Goldman Sachs Group Inc, JP Morgan Chase & Co, Morgan Stanley , State Street Corp and... Read more
4 related articles
23d
Reuters
Nomura, RBS lose bid to overturn $839 million mortgage bond awardmore than $23 billion from the settlements, including $5.5 billion from RBS in
Reuters / Posted 23 days ago
more than $23 billion from the settlements, including $5.5 billion from RBS in a different lawsuit, $5.83 billion from Bank of America Corp (BAC.N) and $4 billion from JPMorgan Chase & Co (JPM.N). Following a non-jury trial, U.S. District... Read more
24d
Newsmax
Worst Bond-Market Rut in 52 Years Shows Few Signs of Break Outgeopolitical tensions or other exogenous shocks risk sending investors fleeing
Newsmax / Posted 24 days ago
geopolitical tensions or other exogenous shocks risk sending investors fleeing to haven assets and forcing yields lower. Bank of America Corp. is looking to the possibility of action on the political front to help drive yields higher. Mark... Read more
24d
Reuters
Bank of America will continue share buybacks, CEO says(Reuters) - Bank of America Corp (BAC.N) will continue to favor share buybacks
Reuters / Posted 24 days ago
(Reuters) - Bank of America Corp (BAC.N) will continue to favor share buybacks to a dividend increase as the bank does not want to put itself into a position where it may have to reduce the dividend, Chief Executive Brian Moynihan said at a... Read more
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