Bank of America

LG Energy Solution targets up to $10.9 bln in S.Korea’s biggest IPO

LG Energy Solution (LGES) is likely to raise up to 12.8 trillion won ($10.87 billion) in what could be South…

4 years ago

Futures slump on fresh Omicron worries after vaccine warning

U.S. stock index futures fell sharply on Tuesday after a warning from vaccine maker Moderna's chief executive on the effectiveness…

4 years ago

Investors turn bearish on global economy though positioning upbeat – BofA survey

Barely a tenth of respondents in a monthly fund manager survey expect a stronger global economy in the coming months,…

4 years ago

UBS profit leaps 63% in Q2 amid wealth management boom

UBS (UBSG.S) on Tuesday posted a 63% jump in second-quarter net profit, easily beating expectations as buoyant markets continued to…

4 years ago

Wall St rebounds after Fed-induced pullback

Wall Street's main indexes were set to open higher on Monday as financials and energy stocks rebounded after hawkish comments…

4 years ago

Global banks in Hong Kong push to get staff back to office

Global banks are moving faster in Hong Kong to get staff back to office versus in other major centres, given…

4 years ago

Oil prices firm on summer demand as Iran talks drag

Oil prices edged higher on Monday, underpinned by strong demand during the northern hemisphere summer driving season and a pause…

4 years ago

Analysis: Bank of America leaves Wall Street wondering about next CEO

When Brian Moynihan took the reins at Bank of America Corp (BAC.N) in 2010, the U.S. bank was reeling.

4 years ago

AMC, other ‘meme’ stocks jump; regulator signals concern

Shares of AMC Entertainment Holdings Inc (AMC.N) and other “meme stocks” jumped on Monday, extending a rally in social-media favorites…

4 years ago

Germany may take part in Lufthansa capital increase – report

Germany is leaning towards participating in a planned 3 billion euro capital increase at Lufthansa (LHAG.DE) to limit a dilution…

4 years ago