Bank of America, led by CEO Brian Moynihan since 2010, had enjoyed tailwinds as rising interest rates and a rebound in loan growth boost income.
Here's what Wall Street expects:Revenue: $22.67 billion, 5% higher than a year earlier.Trading Revenue: Fixed Income $2.33 billion, Equities $1.
73 billionBank of America is supposed to be one of the big beneficiaries of rising interest rates — but will that be enough to offset declines in investment banking?
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Bank of America is fined $225 million for botching pandemic benefitsMore than 100,000 people will be compensated for the bank's faulty fraud detection program, which froze customer accounts.
Weiterlesen »
Alabama lawsuit accuses Regions Bank, trustees of mismanaging trust founded by late secretary of stateRegions Financial has been accused in a lawsuit of allegedly overcharging fees and mismanaging a trust.
Weiterlesen »
What economists are saying about Bank of Canada's steep rate increaseICYMI: What economists are saying about Bank of Canada's steep rate increase — via financialpost inflation rateincrease economy
Weiterlesen »
Australian central bank governor favors private sector crypto technologyAt a G20 meeting for finance officials, Australian central bank Governor Phillip Lowe said that risks from stablecoins and DeFi could be mitigated with regulations and that the tech should be developed only by the private sector.
Weiterlesen »
Ex-UFC Star Felice Herrig Making Bank Selling Feet Pics, Dirty Socks On OnlyFansFelice Herrig has turned her tootsies into cash cows -- the ex-UFC star tells TMZ Sports she's raking in the dough ... by selling her used socks and pics of her feet on OnlyFans!!
Weiterlesen »
Australian bank deal puts shareholders in suspenseANZ is paying $3.3 bln for insurer Suncorp’s lending business, but there are concerns. Most synergies will take years to materialise. The target’s own cost-cutting plans may warrant a higher price. And a regulatory blessing is uncertain. Signed and sealed isn’t yet delivered.
Weiterlesen »