Bank of America Corp.

HSBC, UBS order Hong Kong office changes as COVID cases rise

Banks in Hong Kong including HSBC Holdings Plc (HSBA.L) and UBS Group AG (UBSG.S) are taking steps to reduce the number of people at…

4 years ago

Analysis: Powell’s wait-and-see speech reassures some investors

U.S. Fed Chair Jerome Powell's wait-and-see approach in a much-anticipated address on Friday gave investors and market participants some reassurance…

4 years ago

S&P 500 and Nasdaq end lower after hitting record highs

The S&P 500 and Nasdaq ended lower on Tuesday after hitting record highs earlier in the session, with investors digesting…

4 years ago

Analysis: Delta-spurred curbs cloud European recovery outlook

Rising coronavirus infection rates, driven by the fast-spreading Delta variant, are forcing more countries around Europe to re-impose restrictions that…

4 years ago

Wall Street banks hike shareholder payouts after Fed gives the green light

Morgan Stanley, JPMorgan, Bank of America, Goldman Sachs and Wells Fargo said on Monday they were hiking their capital payouts…

4 years ago

U.S. business borrowings jump 20% in May – ELFA survey

U.S. companies borrowed $8.1 billion for capital investments in May, 20% higher than last year, the Equipment Leasing and Finance…

4 years ago

U.S. Fed bank stress tests pave way for stock buyback, dividend bonanza

The country's largest lenders are poised to start issuing as much as $130 billion in dividends and stock buybacks from…

4 years ago

Explainer: How will EU ban on 10 banks from bond sales impact markets and banks?

LONDON, June 17 (Reuters) - Ten banks have been excluded over past breaches of antitrust rules from European Union syndicated…

4 years ago