BAC241213C40000
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Bank of America Newsroom
Express News | U.S. media: The Trump team is considering abolishing the Federal Deposit Insurance Corporation.
Trump's advisors are seeking to relax Banks regulations, even to the point of abolishing the FDIC.
In the past, the USA has never closed any major cabinet-level Institutions, especially entities like the FDIC. Some analyses indicate that any such reform plans could lead to massive job cuts.
Bank of America Options Spot-On: On December 13th, 149.75K Contracts Were Traded, With 3.37 Million Open Interest
On December 13th ET, $Bank of America(BAC.US)$ had active options trading, with a total trading volume of 149.75K options for the day, of which put options accounted for 36.49% of the total
Express News | Bank of America Plans to Make Donation to President-Elect Trump's Inaugural Committee but Has Not yet Decided Amount - Spokesperson
Market Chatter: Sycamore Partners Approaches Banks for Financing Walgreens Boots Alliance Buyout
Express News | Bank of America Securities has lowered the Target Price for Thermo Fisher Scientific from $675.00 to $660.00.
Trump's advisors are exploring the integration or elimination of Banks regulatory Institutions.
As Wall Street anticipates reduced corporate regulation under the incoming president Trump, his transition team is exploring ways to scale down, consolidate, or even eliminate top Banks regulatory Institutions.
Update: Market Chatter: Bank of America Promotes 387 Employees to Managing Director
RBC Capital Maintains Bank of America(BAC.US) With Buy Rating, Raises Target Price to $50
Trump rings the opening bell for the NYSE: The stock market is everything, and significant actions will be taken regarding Cryptos.
On Thursday, Donald Trump rang the opening bell at the NYSE. He emphasized the importance of the stock market, stating that the stock market is everything, and plans to take significant actions regarding Cryptos, lower the corporate tax rate to 15%, and increase Petroleum Extraction to alleviate the current inflationary pressures.
"Person of the Year" Trump rings the opening bell at the NYSE, emphasizing that "the stock market is everything."
On December 12, the elected President Trump was named Time Magazine's Person of the Year for 2024, ringing the opening bell at the NYSE that day; Trump rang the bell with the CEO of ICE and the CEO of Time Magazine, along with the president of the NYSE, while the CEOs of companies such as Goldman Sachs and Citigroup were present; Trump promised an "unprecedented economy," planned to increase oil drilling to reduce inflation, and committed to lowering the corporate tax rate to 15%.
Bank Stocks Slip After CFPB Finalizes Overdraft Fee Rule
'Crypto Hippie' Financial Advisor Calls Stocks 'Dinosaur Bones' — But Likes Some ETFs
Pimco: Banks' risk transfer tools may have "hidden" risks.
PIMCO urges caution regarding the rapidly growing Synthetic Risk Transfer (SRT) market. These tools are increasingly being used by banks to transfer risk and enhance lending capacity. Pimco portfolio manager Kris Kraus and others highlighted in a report this week that SRT should be treated with caution within the asset-backed financing sector, "because of its significant capital formation or hidden risks that are yet to be verified." Banks in Europe and an increasing number of Bank of America are using SRT, also known as significant risk transfer, to transfer loan review risks to investors, thereby freeing up capital for issuing new loans. Since last year.
Food prices drive unexpected acceleration in USA PPI, but PCE increase is expected to be relatively moderate.
Wholesale inflation in the USA unexpectedly rose in November, with soaring egg prices overshadowing the slowing price increases in other categories. Data released by the US Labor Statistics Bureau on Thursday showed that the Producer Price Index (PPI) increased by 0.4% month-on-month, marking the largest increase since June, while the median expectation among economists surveyed by Bloomberg was 0.2%. The PPI rose by 3% compared to the same period last year, which is the largest increase since the beginning of 2023. The core PPI, excluding food and Energy, rose by 0.2% from the previous month and increased by 3.4% from the same period last year. The CPI report released on Wednesday showed that the core inflation rate in the USA remained strong for the fourth consecutive month.
Big Banks Will Get Bigger Under Trump In 2025: Analyst
Bank of America Projects Q4 NII, IB & Wealth Management Fees to Rise
Schneider Electric Named the Official Sustainability Partner of the Boston Marathon Presented by Bank of America
Express News | Bank of America has lowered the Target Price for Adobe from $640.00 to $605.00.
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