Bank of America Corp
Analysts speculate selling by Buffett could be behind recent Bank of America weakness
Bank of America has lagged its peers since the lender’s stellar fourth-quarter earnings report, leading some analysts to speculate that Berkshire Hathaway , the biggest investor in the nation’s second-largest bank, has been quietly offloading shares again. Since its latest quarterly report on Jan. 16, Bank of America shares are little changed, compared to a […]
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Analysts speculate selling by Buffett could be behind recent Bank of America weakness
Bank of America has lagged its peers since the lender’s stellar fourth-quarter earnings report, leading some analysts to speculate that Berkshire Hathaway , the biggest investor in the nation’s second-largest bank, has been quietly offloading shares again. Since its latest quarterly report on Jan. 16, Bank of America shares are little changed, compared to a […]
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Bank stocks pop after Fed releases ‘easier’ 2025 stress test, plans to make exam more predictable
Jane Fraser, CEO of Citi, speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 1, 2023. Patrick T. Fallon | AFP | Getty Images Bank shares rose Thursday after the Federal Reserve released parameters for its annual industry stress test showing smaller hypothetical shocks to the U.S. economy than in previous […]
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CNBC Daily Open: DeepSeek batters Nvidia but reinforces AI trend
Justin Sullivan | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to know today DeepSeek raises questions on AI investmentsChinese […]
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Crypto industry gets quick return on Trump investment after pouring millions into campaign
FRANCE – 2025/01/20: In this photo illustration, Trump Meme , Trump the Crypto president, is seen displayed on a smartphone screen. (Photo Illustration by Romain Doucelin/SOPA Images/LightRocket via Getty Images) Romain Doucelin | Getty Images Crypto executives, companies and investors are getting an early return on their investment in Donald Trump. After pouring tens of […]
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SEC revokes unpopular banking rule that blocked Wall Street banks from adopting crypto
Avishek Das | Lightrocket | Getty Images After years of lobbying by the crypto industry, the U.S. Securities and Exchange Commission has rescinded an accounting rule that forced banks to treat bitcoin and other tokens as a liability on their balance sheets. The guidance was a major deterrent to Wall Street banks owning bitcoin — […]
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Trump crypto plans have Wall Street CEOs ready to jump into digital assets
A cartoon image of US President-elect Donald Trump with cryptocurrency tokens, depicted in front of the White House to mark his inauguration, displayed at a Coinhero store in Hong Kong, China, on Monday, Jan. 20, 2025. Paul Yeung | Bloomberg | Getty Images Just days into President Donald Trump’s second administration, Wall Street is singing […]
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Goldman says it’s not too late to move out of cash to nab more yield. Here’s what it likes
It is not too late to start thinking about moving out of short-term cash instruments and into longer-duration bonds, according to Goldman Sachs Asset Management. Investors have been enjoying solid yields on their cash , although those payouts are down from recent highs. The Crane 100 Money Fund Index , which is based on the […]
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Trump just took a shot at Bank of America. Here’s what he’s talking about
Key Points President Donald Trump on Thursday accused the CEOs of Bank of America and JPMorgan Chase of refusing to serve conservatives. Both banks deny the accusations, which Trump and others in his orbit have repeated in recent months. The accusations may have roots in allegations from state attorneys general last year. Source
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Watch live: Trump addresses Davos, global markets respond
(The stream is slated to start at 11 a.m. ET. Please refresh the page if you do not see a video above at that time.) WASHINGTON — President Donald Trump addressed the World Economic Forum in Davos, Switzerland, virtually on Thursday, his first major appearance at an international event since he returned to the White House […]
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