3 big banking stocks that just got upgraded
With expectations rising for the Fed to cut rates sometime this year, banking stocks are very much back in focus. While it was looking like 2023 was going to go down as one of the poorer years in t...
Financials is the one sector that will surprise you this year, says Virtus Investment's Terranova
Joe Terranova and Jenny Harrington join CNBC's Halftime Report to pick their favorite financials in the sector.
Morgan Stanley upgrades Bank of America, Goldman Sachs and Citi on ‘lightened up' Basel III capital requirements
Morgan Stanley analyst Betsy Graseck on Tuesday upgraded Bank of America Corp., Goldman Sachs Group Inc., Citigroup Inc. and Bank of New York Mellon Corp. on optimism around pared-back capital requ...
2 Bank Stocks to Buy Hand Over Fist and 1 to Avoid
Toronto-Dominion is facing regulatory scrutiny in the U.S. market, but that's left the shares attractively priced. Bank of America's yield is near its highest levels in years for those that prefer ...
Here's Why Bank of America Is a No-Brainer Dividend Stock
Bank of America has a tarnished history due to the financial crisis in 2008. Today, the company is fundamentally sound.
Bank of America ‘letter of education' puts teeth into return-to-office mandate
Bank of America Corp. has issued “letter of education” messages that threaten disciplinary action against employees who choose to work from home, as the megabank puts some teeth into its return-to-...
Bank ETFs in Focus on Mixed Q4 Earnings
The financial sector, which accounts for around one--fifth of the S&P 500 Index, had a mixed Q4.
The FDIC Assessed $16 Billion to Banks For Last Year's Banking Failures: Here's How Much the Big Banks Are Paying
The failures of Silicon Valley Bank and First Republic Bank last year cost the Federal Deposit Insurance Corporation (FDIC) $18.7 billion. The FDIC imposed a special assessment on 114 financial ins...
With Solid Profits, Citigroup Is Righting the Ship
Financials sector earnings have been mixed so far. Decent numbers were reported by JPMorgan Chase & Co. (JPM, Financial), while Bank of America Corp. (BAC, Financial), Wells Fargo & Co. (WFC, Finan...
Q4 Earnings Season Kicks Off Positively
Note: The following is an excerpt from this week's Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following period...
Full effect of Fed rate hikes have not been seen, Bank of America CEO warns
Bank of America CEO Brian Moynihan details the impact of the Fed's handling of inflation on Americans and why it's important for the central bank not to 'overshoot'
‘The industry weathered the storm' of bank failures in a difficult 2023, says Bank of America Chief Executive Brian Moynihan
That's Bank of America Corp. Chief Executive Brian Moynihan, who said Wednesday the bank is steering toward more growth in 2024 after the industry managed to navigate the failure of three major reg...
I Am Grabbing These CD-Equivalents Before The Opportunity Disappears, Yields +5.5%
Are you planning to rush into CDs and money market funds to lock in yields before the Fed cuts rates? Wake up and see the inflation-adjusted returns of these so-called guaranteed 5% yields. We disc...
Bank of America CEO on the potential of a soft landing
With the Federal Reserve's continued higher for longer interest rates, the economy has slowed to a pace at which it may reach its target inflation goal of 2%, without triggering a recession. Many o...
Bank of America considers ‘unthinkable' scenario of no irate cuts this year
One major Wall Street bank is weighing in on what it calls “an extreme scenario” in which no Group-of-10 central bank cuts interest rates this year due to sticky inflation, strong economic growth, ...
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