[ad_1] Bank of America has shaken up the senior leadership team of its operations in Switzerland and Germany after the retirement of Manuel Ebner, who is stepping down after 13 years.…
Tag: BAC
Finra Fines BofA Securities $24 Million for Treasurys Spoofing
[ad_1] Updated Nov. 30, 2023 1:27 pm ET The Financial Industry Regulatory Authority fined BofA Securities $24 million for more than 700 instances of spoofing through two former traders. Spoofing…
The Stocks That AI Mania Left Behind
[ad_1] This was supposed to be the year value stocks shined. Then AI mania took over and ran away with the spotlight. Shares of big tech companies are surging this…
Warren Buffett’s Berkshire Hathaway Sheds Investments in GM, J&J and P&G
[ad_1] Warren Buffett’s Berkshire Hathaway eliminated its stake in a handful of American blue chips, including General Motors and Johnson & Johnson, while the stock market’s rally sputtered in the…
Fed to Float Deep Cuts to Debit-Card Swipe Fees
[ad_1] Updated Oct. 25, 2023 12:57 pm ET WASHINGTON—The Federal Reserve is set to propose lowering by about 30% the fees merchants pay to many banks when consumers shop with…
Wall Street’s Green Shoots Risk Wilting
[ad_1] Bankers tend to turn into gardeners when talking about the continuing dearth of mergers and other investment-banking deals. They mention “green shoots,” in the form of an acquisition here,…
Bondholdings Become Less of a Burden at Bank of America and Other Big Banks
[ad_1] Fixed-rate bonds that lost value as interest rates rose can even help out in some ways. [ad_2] Source link
Bond Yields Hit Fresh Multiyear Highs After Hot Retail Sales Data
[ad_1] U.S. government bond yields hit fresh decade-plus highs Tuesday after another hot economic-data release fueled concerns that interest rates could remain elevated for longer. Copyright ©2023 Dow Jones &…