Bank of America Corp

Bank of America Stock Soars: High Interest Rates Drive Bullish Momentum

Bank of America's stock is up over 21% this year, hitting new highs. High interest rates and strong technical indicators…

1 year ago

HDFC Bank Completes Merger with HDFC Limited Consolidating Its Position in the Financial Sector

HDFC Bank and HDFC Limited have completed their reverse merger, creating a powerful financial institution that consolidates its positions in…

2 years ago

Exclusive: Morgan Stanley to slash 2022 banker bonuses in Asia by up to half

Morgan Stanley plans to slash investment bankers' annual bonuses by as much as 50% in Asia, said two people with…

3 years ago

Bank data shows U.S. consumer financial health holds up amid rising inflation

Americans' financial health held up well in the second quarter even as inflation sent gas and grocery bills higher and…

3 years ago

Bank of America posts drop in quarterly profit as dealmaking slumps

Bank of America Corp (BAC.N) posted a nearly 34% drop in second-quarter profit on Monday, hit by a slump in investment banking…

3 years ago

Bank of America raises hourly minimum wage to $22

Bank of America Corp (BAC.N) said it was raising its U.S. minimum hourly wage to $22 on Monday, a step closer to…

4 years ago

U.S. business borrowing for equipment rises 2% in January – ELFA

U.S. companies borrowed 2% more in January to finance their investments in equipment compared to a year earlier, the Equipment…

4 years ago

Factbox: U.S. banks tighten COVID-19 precautions as Omicron variant spreads

U.S. banks have been more proactive than other industries in encouraging employees back to the office, but those plans have…

4 years ago

Buffett’s Berkshire pares drug holdings, sheds Axalta, Biogen

Warren Buffett's Berkshire Hathaway Inc (BRKa.N) said on Monday it trimmed or eliminated its stakes in several pharmaceutical companies, and reported a…

4 years ago

Citigroup to require vaccines for staffers returning to main U.S. offices

Citigroup Inc (C.N) will require U.S. employees returning to its New York headquarters and offices in some cities to be vaccinated against…

4 years ago