Under Moynihan, the firm has steadily trimmed expenses while holding the line on or increasing revenue.
asked the FedThe bank's shares have climbed 21% this year, exceeding the 18% return of the KBW Bank Index.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Three before you leave — What to watch for Wednesday including Netflix, Bank of America earningsWe'll get earnings from Bank of America and Netflix, as well as retail sales on Wednesday
Lire la suite »
Bank of America declares ‘the end of the 60-40’ standard portfolioBank of America strategists say there are reasons to increasingly doubt the safety of bonds
Lire la suite »
Warren Buffett reportedly wants the Fed's permission to boost Berkshire's stake in Bank of America beyond 10%Berkshire's position in BofA stock is its second largest equity holding after Apple, and was worth more than $27 billion as of Monday's closing price.
Lire la suite »
Bank Earnings Quartet Mostly In Tune, Led By Strength At JP Morgan, CitigroupToday’s first set of big bank earnings was a bit of a mixed bag, with a couple of very strong results balanced by softness elsewhere. The consumer appears to be strong, judging from loan and credit card firmness, but geopolitics might be weighing on corporate sentiment, the results suggest.
Lire la suite »