Saturday, November 16, 2024
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Bank of America

The big question hanging over banks as earnings season starts

Investors have questions about how a new Federal Reserve rate-cutting cycle will affect the biggest US banks, and they will be looking for some...

Bank of America names Brabazon co-head of global M&A, memo says

By Anousha SakouiLONDON (Reuters) - Bank of America has named Eamon Brabazon co-head of global mergers and acquisitions, alongside Ivan Farman, according to an...

Forget cold plunges or biohacking: Here’s how Wall Street’s rising stars stay sharp

Gidan Dan's key ritual at work is consistently staying in touch with his clients, but at home, the Citadel Securities senior vice president takes...

Gen X was supposed to be the economy’s safety net—now they’re the ‘struggling middle child’ balancing retirement and paying for adult children

Gen X was meant to be the dependable consumer—the reliable generation firmly on the property ladder, preparing to inherit trillions from their boomer and...

Berkshire unloads more Bank of America shares

(Reuters) - Berkshire Hathaway unloaded more Bank of America stock this week, boosting sales since mid-July to nearly $10 billion as Warren Buffett simplifies...

🎥 Veteran Kellyn Acosta blasts home rocket strike for Chicago Fire

It may not be all doom and gloom for Chicago Fire fans tonight.Despite sitting bottom of the Eastern Conference and down 4-1 away at...

Warren Buffett Reduces Stake in Bank of America

On September 27, 2024, Warren Buffett (Trades, Portfolio)'s firm made a significant adjustment to its investment portfolio by reducing its stake in Bank of...

Wall Street just got another sign that dealmaking is on its way back

Wall Street just got a new sign that dealmaking is making a comeback.Jefferies Financial Group (JEF) reported third-quarter results Wednesday afternoon that showed investment...

Wall Street warms to nuclear power as banks including Goldman Sachs back drive to triple global output by 2050

Wall Street is throwing its support behind nuclear energy.Some 14 banks, including Goldman Sachs, are backing a drive to help triple global nuclear energy...

BofA becomes the latest big bank to bet on new branches

Bank of America (BAC) said Monday it will open 165 branches by the end of 2026, the latest big US lender to announce more...

Bank stocks rise on Fed rate-cut rally

US bank stocks surged Thursday following a jumbo rate cut from the Federal Reserve, a sign of bullishness among investors who now expect an...

Why big banks are obsessed with 1995

Does this sound familiar?The rate of inflation was slowing along with spending by US consumers. So, the Fed cut interest rates by a quarter...

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