Bank of America

Mounting Costs and Charge-offs Influences Bank of America’s Q1 Revenue Margin

Bank of America reported an 18% decline in Q1 profits due to rising expenses and the impact of higher interest…

2 years ago

Bank of America: Microsoft’s AI Innovations Inspire Robust Growth Outlook

Bank of America lifts Microsoft's earnings outlook by 1%, expecting 16.6% stock growth fueled by Azure, Microsoft 365, and AI…

2 years ago

Bank of America Faces Congressional Probe Over January 6 Information-Sharing

In the latest development surrounding the investigation into banks' handling of customer information during the January 6, 2021, Capitol attack,…

2 years ago

Singapore Stock Market Surges Amid Global Optimism and Positive Earnings Reports

The Singapore stock market showed resilience in the face of recent volatility, bouncing back on Wednesday with positive sentiment amid…

2 years ago

Bank Earnings Propel U.S. Stocks to New Highs Surging Economic Optimism

U.S. stocks are surging to new highs, driven by strong bank earnings and a resilient economy. As investor optimism grows,…

2 years ago

Bank of America Agrees to Pay $250 Million in Refunds and Fines

Bank of America, one of the largest banks in the United States, has agreed to pay over $250 million in…

2 years ago

U.S. Federal Reserve Unveils 2023 Bank Stress Test Results

In a testament to the strength of the U.S. banking sector, the Federal Reserve's unveiling of the 2023 bank stress…

2 years ago

Analysis: Investors look to emerging markets as planets align for end of dollar bull market

As the U.S. dollar tumbles from multi-decade highs, some investors are betting emerging market currencies will be big winners from…

3 years ago

Analysis: Markets sigh with relief after Powell speech, but more turbulence likely ahead

A rally in U.S. stocks and bonds powered ahead after a speech by Federal Reserve Chairman Jerome Powell on Wednesday,…

3 years ago

Analysis: Russian gas supply gap casts chill in Europe as winter nears

Europe needs to pay up to import liquefied natural gas, pray for a mild winter and cut energy demand as…

3 years ago