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Bank of America warns more economic shocks could happen this summer. Learn what investors should watch for and how to position your portfolio.
Bank of America also points out that in the Federal Reserve's annual stress-testing exercise, the bank is expected to see losses equivalent to 5.5% of total loans, whereas loan losses were as high ...
Trump's pro-growth agenda, the manufacturing push, and growing AI spend are some of the factors that could stoke a fresh ...
Bank of America BAC Chief Executive Brian Moynihan said consumers continue to spend while maintaining healthy credit profiles, but, he warned, “We potentially face a changing economy.” ...
Analysts were projecting $0.82 and $26.80 billion, respectively, per Visible Alpha. Bank of America reported net interest income (NII) of $14.44 billion, in line with the analyst consensus.
Under that scenario, Bank of America said the Fed will move quickly to cut interest rates and forestall a recession, perhaps by as much as 75 basis points (0.75%). What Does It All Mean for Stocks?
A recent study revealed that the 2024 Bank of America Chicago Marathon boosted the Chicago Metropolitan Area economy by $683 million, marking a 22% increase in total economic impact compared to 2023.
Bank of America is expected to report its earnings on April 15, 2025. Consensus estimates point to about $26.9 billion in revenues, up 4% compared to last year, while earnings are estimated at ...
Meghan Swiber, senior U.S. rates strategist at Bank of America's investment banking arm BofA Securities, joins WSJ’s Take On the Week podcast to share how investors should think about the U.S.
Markets today focus on Bank of America earnings, with net interest income, credit quality, and Fed policy signals set to drive early trading sentiment.
China's central bank governor Pan Gongsheng met Bank of America's president of international business Bernard Mensah earlier ...