Bank of America’s unrealized losses on securities hit $131.6 bln in Q3
Bank of America's( BofA) unrealized losses on securities increased to $131.6 billion on securities held until…
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Bank of America
BofA expects oil price at $90/ barrel in 2024
Bank of America (BofA) Global Research has revealed on Wednesday its latest Brent crude oil price forecasts for…
Bank of America opens branch in Luxembourg
Bank of America (BofA) has opened a new branch in Luxembourg on Tuesday, as the bank works on expanding its…
Bank of America’s earnings increase, exceeding expectations
Bank of America (BofA) has reported on Tuesday a 15 percent increase in its first quarter profits, exceeding…
US banks save up reserves after First Republic Bank rescue
JPMorgan Chase and Co, Wells Fargo & Co, Citigroup Inc and Bank of America are setting $100 million each in Q1…
BofA expects US economy to fall in Q2
Bank of America (BofA) has warned that the U.S. economy could shrank in the second quarter, after an economic data…
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…
BoA CEO sees U.S. technical recession by Q3
Bank of America CEO Brian Moynihan said on Tuesday that the American economy would reach a technical recession by…
Fed may raise policy rates to 6% – BofA
U.S. Federal Reserve may raise the interest rate to around 6 percent according to global research from the Bank of…
