Feature Yen benefits from slowing global financial stress Aya Anwar Feb 26, 2024 0 Slowing financial stress on a global scale has made the yen-financed carry trades more attractive, which might risk…
Money CBE mourns prominent bankers Hatem Sadiq, Gamal Muharram M.S.Salama Jan 19, 2024 0 With deep regret and sorrow, Mr. Hassan Abdullah, Governor of the Central Bank of Egypt, and his deputies mourn the…
The Watch Bank of America’s unrealized losses on securities hit $131.6 bln in Q3 Mennatullah Hamzawy Oct 17, 2023 0 Bank of America's( BofA) unrealized losses on securities increased to $131.6 billion on securities held until…
Banks BofA expects oil price at $90/ barrel in 2024 Nada Ali Aug 17, 2023 0 Bank of America (BofA) Global Research has revealed on Wednesday its latest Brent crude oil price forecasts for…
Banks Bank of America opens branch in Luxembourg Yassmine Elbehnaihy May 11, 2023 0 Bank of America (BofA) has opened a new branch in Luxembourg on Tuesday, as the bank works on expanding its…
Banks Bank of America’s earnings increase, exceeding expectations Yassmine Elbehnaihy Apr 18, 2023 0 Bank of America (BofA) has reported on Tuesday a 15 percent increase in its first quarter profits, exceeding…
Banks US banks save up reserves after First Republic Bank rescue Yassmine Elbehnaihy Apr 12, 2023 0 JPMorgan Chase and Co, Wells Fargo & Co, Citigroup Inc and Bank of America are setting $100 million each in Q1…
Banks BofA expects US economy to fall in Q2 Nada Ali Apr 11, 2023 0 Bank of America (BofA) has warned that the U.S. economy could shrank in the second quarter, after an economic data…
Banks BofA’s planning app gains $55bln since rocky launch Yassmine Elbehnaihy Mar 30, 2023 0 Bank of America Corp (BofA)’s personal financial planning app, Life Plan, has gained over $55 billion, and had 10…
Money JPMorgan, other U.S. banks flooded with clients post SVB crash Sama Mousa Mar 14, 2023 0 A huge number of customers have applied to shift accounts to large U.S. banks such as JPMorgan Chase &Co. and…