UK most favourable European stock market by far – BofA survey
Britain's stock market has surged in popularity among European investors, as revealed by a Bank of America survey.
Browsing Tag
Bank of America Corp.
BofA’s planning app gains $55bln since rocky launch
Bank of America Corp (BofA)’s personal financial planning app, Life Plan, has gained over $55 billion, and had 10…
JPMorgan, other U.S. banks flooded with clients post SVB crash
A huge number of customers have applied to shift accounts to large U.S. banks such as JPMorgan Chase &Co. and…
Bank of America sets new cost target under pressure from low rates
Bank of America Corp (BAC.N) reported a 19 percent drop in second-quarter profit on Monday and set a new expense…
BofA profit up as costs fall, revenue rises in most businesses
Bank of America Corp, the No. 2 U.S. bank by assets, reported Tuesday a better-than-expected rise in profit for…
Why Foreign Inflation Matters to Janet Yellen
Janet Yellen may be about to discover that if all politics is local, all monetary policy is global. As her Federal…
Goldman to pay $130 mln Forex Settlement
Goldman Sachs Group Inc. is expected to pay $129.5 million to settle its slice of a lawsuit accusing banks of…
Citigroup to BofA Spurn Treasuries to Hoard Cash on Taper Risk
Never before have America’s banks been so wary of risking their cash deposits on U.S. government debt. After…
BofA Should Pay $863 Million in Fannie Mae Case: U.S.
Bank of America Corp. should pay the maximum penalty of $863 million for selling defective loans to Fannie Mae…
Fairfax Said to Be Short of Financing for BlackBerry Bid
Fairfax Financial Holdings Ltd. (FFH), which has until Nov. 4 to firm up its $4.7 billion bid for BlackBerry Ltd.…
SocGen Profit More Than Doubles on Investment Bank
Societe Generale SA, France’s second-largest bank, said second-quarter profit more than doubled, beating…
Barclays to Raise 5.8 Billion Pounds in Rights Offering
Barclays Plc (BARC), the U.K.’s second-largest bank by assets, said it will raise 5.8 billion pounds ($8.9 billion)…
Michael Dell Said To Consider Blackstone LBO Only With CEO Guarantee
Dell Inc. (DELL) founder Michael Dell will only consider backing a buyout by Blackstone Group LP (BX) if the…
U.S. Stocks Decline As Consumer Confidence Index Slips
U.S. stocks fell after the Standard & Poor’s 500 Index moved within two points of its record high…
Wall Street Seeks Patience After Worst 1st Half Since ’08
Wall Street’s five biggest banks reported the worst start to a year since 2008. They’re still asking investors to…
S&P 500 Hits Biggest Two-Day Rise in 2012
U.S. shares rose, giving the Standard & Poor’s 500 Index its biggest back-to-back advance in 2012, amid…
BofA Must Defend $20 Mln Merrill Buyout Settlement
Bank of America Corp directors, who were sued by shareholders for allegedly paying too much for Merrill Lynch &…
U.S Stocks Rise, End Two-Week Slump On Defensive Shares
U.S. stocks rose, breaking a two- week slump, as industries considered the safest investments led gains after…
U.S. Stock Futures Rise As EU Debt Concern Eases
U.S. stock futures advanced, following a two-day decline in the Standard & Poor’s 500 Index, as increased…
BofA US$8.5 Bln Mortgage Pact Receives Objection
Bank of America Corp's proposed $8.5 billion mortgage bond settlement received fresh opposition on Tuesday from New…
U.S. Fed releases stress test results on Thursday
The Federal Reserve will release on Thursday the results of its latest round of stress tests on 19 large U.S.…
BofA Said to Freeze Moynihan’s Salary as Stock Awards Decline
Bank of America Corp. cut Chief Executive Officer Brian T. Moynihan’s compensation for 2011, granting him no cash…
Thomas Storrs, Who Set Stage for Bank of America, Dies at 93
Thomas Storrs, whose determination to expand North Carolina National Bank beyond state borders laid the foundation…