Chinese stocks stay unloved among global funds on banking, property risks: BofA

[ad_1] Asian fund managers remained unconvinced about getting back into Chinese equities, even as they count among the cheapest globally. Concerns about a banking crisis as well as property market…

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…

BofA CEO Moynihan says US economy headed for soft landing

[ad_1] NEW YORK, Nov 8 (Reuters) – Bank of America (BAC.N) CEO Brian Moynihan said on Wednesday he expects a soft landing in which the U.S. economy avoids a recession…

BofA: Investors on track to pour US$1.3 trillion into cash funds in 2023

[ad_1] INVESTORS are on track to have put US$1.3 trillion into cash funds in 2023, according to Bank of Americ (BofA) a and data provider EPFR. BoFA’s weekly Flow Shows…

BofA notifies customers of temporary industry-wide deposit delays

[ad_1] A Bank of America logo is pictured in the Manhattan borough of New York City, New York, U.S., January 30, 2019. REUTERS/Carlo Allegri/File Photo Acquire Licensing Rights Nov 3…

GLOBAL MARKETS-Asia stocks dip on Middle East, central bank meetings

[ad_1] Asian shares slipped on Monday as Israel’s push into Gaza stirred fears of a wider conflict ahead of central bank meetings in the United States, Britain and Japan, the…

Boomers are dominating the economy and benefiting from historic rate hikes. BofA explains which stock trades to make as millennials struggle.

[ad_1] The way Boomers and Millennials are spending can inform investment decisions, Bank of America analysts say. Travel, healthcare, and housing are attractive buys, as Boomers spend big in those…

BofA pushes out final Fed rate hike expectation to December

[ad_1] An eagle tops the U.S. Federal Reserve building’s facade in Washington, July 31, 2013. REUTERS/Jonathan Ernst/File Photo Acquire Licensing Rights Oct 20 (Reuters) – BofA Global Research said on…

BofA profit rises on higher interest income, investment banking gains

[ad_1] A Bank of America logo is pictured in the Manhattan borough of New York City, New York, U.S., January 30, 2019. REUTERS/Carlo Allegri/File Photo Acquire Licensing Rights Oct 17…

Fiscal excess, the power of Main Street, and US ‘debasement’: Here are the themes BofA says will dominate markets for the rest of this decade

[ad_1] The era of easy money is over, and new trends will dominate global markets in the coming years.  Bank of America strategists listed out a handful of themes to…