Bank of America

BofA chief emphasizes 'responsible growth' to counter rate pressure

01/15/20

Brian Moynihan said banks must be mindful of pricing and risk as they contend with lower yields on loans and securities.

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Bank Q4 earnings off to good start; Bitcoin rallies

01/15/20

JPM, Citi shrug off low rates as strong economy propels profits; digital currencies start year with gains as optimism about its future grows.

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BofA joins Wall Street’s trading comeback, consumer unit slips

01/15/20

Bank of America Corp.’s traders bounced back with their peers.

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UBS is latest to downgrade shares of big banks

01/07/20

Net interest margin pressure, modest loan growth and limited operating leverage could weigh on bank stocks in 2020, UBS analysts said.

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Banks under mounting pressure to increase deposits per branch

12/26/19

Low rates and spotty loan demand mean banks are having to “dig deeper” to improve efficiency and maintain profit margins.

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Forecast for bank stocks in 2020: Not so bad

12/19/19

The fresh optimism is starting to outweigh some of the worries hanging over the sector heading into the new year.

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Regulators find 'shortcomings' in living wills of six large banks

12/17/19

The Federal Reserve and Federal Deposit Insurance Corp. found issues with the firms' ability to compile data on how they would be unwound during a period of financial stress.

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Highs and lows in FDIC's 3Q report on industry's health

11/26/19

One-time expenses at a handful of large banks marred an otherwise solid quarter, while higher charge-offs point to possible credit-quality concerns.

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Industry's 3Q strong despite ‘nonrecurring events’ at 3 banks: FDIC

11/26/19

Profits dipped 7% from a year earlier but banks still earned nearly $60 billion, the agency said in its Quarterly Banking Profile.

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Bank of America's Moynihan says U.S. doesn't need negative rates

11/21/19

Bank of America Chief Executive Officer Brian Moynihan said the U.S. has no need for negative interest rates because its economy is strong, unlike other regions that have employed the tricky strategy.

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