Monday, December 16, 2024
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Brian Moynihan

BofA CEO urges Trump administration to tackle US budget

(Reuters) - Bank of America CEO Brian Moynihan said on Tuesday he expected President-elect Donald Trump's incoming administration to tackle...

Shifting Fed Views Boost Dollar, Weigh on Stocks: Markets Wrap

(Bloomberg) -- The dollar rose, weighing on Asian shares as risk appetite stayed subdued given the prospect of less aggressive...

Bank of America CEO Urges Fed to Not Go Too Hard on Rates

(Bloomberg) -- Bank of America Corp. Chief Executive Officer Brian Moynihan has urged Federal Reserve policymakers to be measured in...

Warren Buffett’s Berkshire Hathaway trims Bank of America stake below 10%

Warren Buffett's Berkshire Hathaway (BRK-A, BRK-B) has dropped its holdings in Bank of America (BAC) down below a 10% threshold, capping three months of...

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...

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...

Buffett’s Berkshire offloads $228.7 million worth BofA shares in latest sale

(Reuters) - Warren Buffett's Berkshire Hathaway has sold shares worth $228.7 million in Bank of America, as the conglomerate continues to trim its stake...

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