- Bank of America Corporation stock price today and history
Bank of America Corporation (BAC^Z) stock prices updated...
Please, Signup (Login) to subscribe or trade (demo)
Bank of America Corporation stock price
Bank of America Corporation latest news:
Bank of England reveals gender pay gap
Male staff at the UK's central bank are paid almost a quarter more than their female counterparts.
NBFCs to have 19% of credit market by 2020: Crisil
Finance companies in India are expected to see an 18 per compounded annual growth rate (CAGR) for the next two and a half years and raise their share in total credit to 19 per cent by 2020, according to rating agency CRISIL.In 2017, non-bank finance companies (NBFCs) increased their share in the total credit market to 16 per cent, from 13 per cent in 2015. The share of public sector banks (PSBs) reduced to 51 per cent, from 57 per cent in 2015. CRISIL says PSBs will see a further shrinking of their share to 47 per cent by 2020 as they battle with capital constraints. NBFCs replicating traditional banking services with innovative products and delivery systems would also chip away at PSBs' share.The home loans segment, largest business segment for NBFCs, is expected to grow at a steady CAGR of 18 per cent over the next three years as they focus on self-employed customers and lower ticket size. NBFCs are also set to increase their market share in the wholesale finance business from 12 ...
UK Stocks-Factors to watch on Nov 23
Nov 23 (Reuters) - Britain's FTSE 100 index is seen opening down 17
points at 7,401.9 on Thursday, according to financial bookmakers.
* RBS: Britain will reprivatise bailed-out lender Royal Bank of Scotland
by selling 15 billion pounds ($20 billion) of shares, according to
budget documents released on Wednesday, in a boost to finance minister Philip
* CMC MARKETS: CMC Markets chairman Simon Waugh is to step down two
years after its London flotation, Sky N
BRIEF-Suncor Energy announces further debt reduction
* Suncor Energy Inc - has given notice of redemption to
New York Mellon and Computershare Trust Company Of Canada
Peter Thiel wants to be able to bid for Gawker assets: report
Billionaire Peter Thiel may be looking to buy Gawker.com, the website he helped shut down last year. On Wednesday, Thiel's lawyers objected to the shuttered news site's bankruptcy sale process, claiming he has been unfairly excluded from bidding on Gawker.com's assets, Buzzfeed reported. Those assets include the site itself, along with its article archives. If Thiel were to buy Gawker.com, he could do whatever he chooses with the archives, including deleting them. Last year, the site's parent company, Gawker Media, declared bankruptcy and sold most of its assets to Univision Communications Inc. after it was unable to pay a $140 million verdict in an invasion-of-privacy case involving Hulk Hogan. It was revealed that Thiel bankrolled Hogan's legal case, apparently motivated by a 2007 Gawker story about Thiel's sexuality. A spokesperson for Thiel would not tell Buzzfeed whether Thiel was interested in buying Gawker.com.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Gold ends sharply higher, then holds gains after Fed meeting minutes
Gold prices ended sharply higher Wednesday, getting a boost as the U.S. dollar weakened, with the ICE U.S. Dollar Index trading near the session's lows as gold trading settled. Prices for the metal then held ground near their settlement level after minutes from the Federal Open Market Committee’s meeting earlier this month showed the central bank viewed a near-term increase in interest rates as likely. Officials, however, also expressed more alarm about persistently low inflation, a sign that the bank may not be as aggressive in 2018 as previously expected. In electronic trading, December gold was at $1,292 an ounce, after settling with a gain of $10.50, or 0.8%, at $1,292.20 an ounce.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Fed sees 'near-term' rate hike as likely, but inflation doubts grow
WASHINGTON (MarketWatch) - The Federal Reserve in early November viewed a "near-term" increase in interest rates as likely, but top officials also expressed more alarm about persistently low inflation in a sign the bank might not be aggressive in 2018 as previously expected. The language from the Fed's Oct. 31-Nov. 1 meeting was softer than in the September discussions, reflecting worries that low inflation might also be a result of "developments that could prove more persistent," according to the Fed minutes released Wednesday. Despite the nagging doubt the Fed still appears on the cusp of raise interest rates again soon. The benchmark fed funds rate, now between 1% and 1.25%, is likely to be raised a quarter-point at the bank's Dec. 12-13 meeting, Wall Street predicts. The big question is whether the Fed will stick to three planned rate increases in 2018 if inflation remains low. The outlook is also clouded by the pending departure of Chairwoman Janet Yellen, who'll be replaced by board member Jerome Powell early next year.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Deutsche Bank strategist tells investors to avoid bitcoin
FRANKFURT (Reuters) - Deutsche Bank has joined the ranks of those warning about the virtual currency bitcoin as an investment.
UK's 15 billion pound RBS sale to boost government coffers
LONDON (Reuters) - Britain will reprivatise bailed-out lender Royal Bank of Scotland by selling 15 billion pounds ($20 billion) of shares, according to budget documents released on Wednesday, in a boost to finance minister Philip Hammond's coffers.
Regions Shrinks Dealer Network in Effort to Reduce Losses
LAS VEGAS — Regions Dealer Financial Services deactivated one third of its dealers over the course of three years in an effort to bolster operational efficiency, Tom Lazenby, the bank’s senior vice president and head of dealer financial services and direct auto lending, said at the 2017 Auto Finance Summit. “We spent a lot of […]
U.S. appeals court revives claims in $1.7 bln Iran terrorism lawsuit
NEW YORK, Nov 21 (Reuters) - A federal appeals court in New
York on Tuesday revived part of a $1.68 billion lawsuit against
Iran's central bank, Bank Markazi, by families of soldiers
killed in the 1983 bombing of the U.S. Marine Corps barracks in
Hong Kong tribunal fines HSBC private bank $51 million for Lehman-linked products
A Hong Kong tribunal on Tuesday imposed a fine of HK$400 million on the private banking unit of HSBC (HSBC) in a case related to the sale of Lehman Brothers-linked structured financial products between 2003 and 2008.
BRIEF-FSB adds RBC to list of systemically important banks, drops BPCE
* Financial Stability Board says adds Royal Bank of Canada
of global systemically important banks, drops Groupe BPCE
SoftBank funding may spur Uber to re-think tough Southeast Asian market
SINGAPORE(Reuters) - SoftBank Group's multi-billion dollar investment in Uber Technologies Inc opens up the possibility of combining it with other ride-hailing assets the Japanese group owns in a consolidation of a rapidly growing business across Asia, industry sources say.
U.S. senators seek details on 'dubious' oversight shift by Japanese bank
A decision by Mitsubishi UFJ Financial Group Inc (MTU) to shift its U.S. banks from state regulators to a federal bank regulator is garnering scrutiny from a pair of U.S. Democratic senators.
EU picks Paris as new host for EBA after Brexit, sources say
BRUSSELS (Reuters) - The European Union has picked Paris as the new host for its London-based banking authority after Britain leaves the bloc, in a second drawing of lots in just one evening, following three rounds of voting that failed to produce a winner.
Italian banks face long, uphill road to modernization
Bailed-out Monte dei Paschi, the world's oldest bank and a bastion of tradition dating back to 1472, has entered the realms of virtual reality. After surviving the worst of a bad loans crisis, Italian banks face another daunting mission: modernizing centuries-old businesses and finding new ways to make money.
Global banks flag concerns over U.S. Senate tax proposal
Global banks raised concerns on Friday over a provision in the U.S. Senate tax bill aimed at cracking down on tax avoidance by multinational corporations that they said could hurt the banking industry. Banks initially looked to be one of the major winners of Republican lawmakers' efforts to overhaul the U.S. tax code, and publicly they have been very supportive.
Goldman wins dismissal of lawsuit in U.S. over ties to Malaysia leader
Goldman Sachs Group Inc(GS) has won the dismissal of a $510 million lawsuit in New York brought by a private equity firm that accused the Wall Street bank of shortchanging it in a merger to "curry favor" with Malaysia's prime minister.
Goldman wins dismissal of lawsuit in U.S. over Malaysia ties
Goldman Sachs Group Inc(GS) has won the dismissal of a $510 million lawsuit in New York by a private equity firm that accused the Wall Street bank of shortchanging it in a merger to curry favor with Malaysia's prime minister.
BRIEF-California Resources says entered into $1.3 bln credit agreement with Goldman Sachs Bank USA and various lenders
* California Resources - entered into $1.3 billion credit
agreement with Goldman Sachs Bank USA, Bank Of New York Mellon
Trust Company and various lenders
Emerging market inflows stall; flows to Mexico hit 6-year low -IIF
NEW YORK, Nov 17 (Reuters) - The pace of fund flows to
emerging markets has stalled in the fourth quarter, data from a
bank lobbying institution shows, with fund flows to Mexico
slumping to their lowest since 2011 and accounting for just 3.8
percent of investors' portfolios.
Investors yank $6.8 bln from high yield bonds, 3rd largest outflows-BAML
LONDON, Nov 17 (Reuters) - Investors pulled $6.8 billion from high yield bond funds over the past week, their third largest outflows on record, Bank of America Merrill Lynch (BAML) said on Friday, as the sell off in junk debt accelerated.
Hess announces $500 million stock repurchase and debt reduction programs
Hess Corp. announced Thursday a $500 million stock repurchase program, to be completed in 2018, as part of its plan for the use of proceeds from asset sales. The energy company also said it would reduce debt by $500 million, increase the number of Bakken rigs to six from four in 2018 and prefund oil development in Guyana. The company has announced this year $3.4 billion in asset sales and the release of $1.3 billion of asset retirement obligations. Hess made the share buyback and debt reduction announcement in a presentation at the Bank of America Merrill Lynch 2017 Global Energy Conference. The stock, which edged up 0.3% in light premarket trade, has plunged 29.9% year to date through Wednesday, while the SPDR Energy Select Sector ETF has lost 10.6% and the S&P 500 has rallied 14.6%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Morning News Call - India, November 16
To access the newsletter, click on the link:
If you would like to receive this newsletter via email, please register at: https://forms.thomsonreuters.com/india-morning/
FACTORS TO WATCH
09:00 am: State Bank of India MD B. Sriram, Asian Bankers Association
Chairman Daniel Wu, Bandhan Bank MD & CEO Chandra Shekhar Ghosh, RBL Bank MD &
CEO Vishwavir Ahuja at general meeting of Asian Ba
BRIEF-Vectrus says co entered amendment, restatement agreement by and among co
Vectrus Inc(VEC). * Vectrus(VEC)- On Nov 15, co entered amendment, restatement agreement by and among co, Vectrus Systems Corp, as borrower, lenders, issuing banks- SEC Filing. * Vectrus Inc(VEC) - Agreement provides for the amendment and restatement of the credit agreement dated as of September 17, 2014.
Target, IBM and Anadarko slip while Bank of America climbs
Target, IBM and Anadarko Petroleum decline in U.S. trading while Bank of America climbs
BRIEF-Spring Bank Pharmaceuticals announces positive top-line results from the second cohort of part A of the phase 2 ...
Spring Bank Pharmaceuticals Inc(SBPH). * Spring Bank Pharmaceuticals(SBPH) announces positive top-line results from the second cohort of part A of the phase 2 achieve trial.
Episode 805: War And Peace And Cows
In South Sudan, there is a kind of money that works even through bank failures and unstable governments. But when war struck, it upended a whole economy: the economy of cows.
Investors need to be 'on their toes' in 2018: WFC
As Wells Fargo calls for increased stock market volatility in 2018, a Bank of America Merrill Lynch survey notes investors are doubling down on risk, even as most believe stocks are overvalued.
Bank of America CorporationBML^G
Bank of America CorporationBML^H
Bank of America CorporationBML^I
Bank of America CorporationBML^J
Bank of America CorporationBML^L
Bank of Hawaii CorporationBOH
Bank Of MontrealBMO
Bank Of New York Mellon Corporation (The)BK
Bank Of New York Mellon Corporation (The)BK^C
Bank of Nova Scotia (The)BNS