News

Bank of America says what matters most is not the number.

Bank of America Chief Executive Brian Moynihan said Monday that investment-banking revenue would fall by 10% in the quarter from a year earlier. “We're not as well positioned in some of the businesses that … had more activity,” Moynihan said at a financial conference hosted by Barclays.

Bank of America Corp. Chief Executive Officer Brian Moynihan said trading revenue will be “relatively flat” compared with last year’s third quarter, a break from the surge that Wall Street saw in the first half.

Central banks from much of the Group of Seven face a pivotal week as mounting inflation risks heap pressure on them to raise interest rates. David Tinsley, Senior Economist for Bank of America, discusses the outlook for the US consumer and what he expects to see from the Fed's rate decision this week.

The firm sees a steep bill ahead, and still thinks the stock is worth buying.

Bank of America sees an unusual win-win setup for CME

Investing.com -- BofA Securities is favoring value stocks over growth in small- and mid-cap equities, citing five reasons including an expected second-half earnings recovery and cheaper valuations.

Investing.com -- Major Wall Street banks are competing to manage the wealth of Anthropic PBC employees following the artificial intelligence company's planned initial public offering, Bloomberg reported Friday.

Friday’s hotter-than-expected core inflation report has put a Federal Reserve rate hike firmly in play, leaving investors with a more useful question: which stocks could benefit if Chair Kevin Warsh delivers next week? And which might suffer? Polymarket traders put...

Three separate Wall Street risk models just converged on one signal

Sebastian Raedler, head of European equity strategy at Bank of America, says the key question facing investors is the sustainability of the artificial intelligence capex boom which is driving the "strongest earnings upgrades in the US that you've seen in 40 years." Speaking on Bloomberg Television, Raedler adds: "This is a very high-stakes game right now. You have to be in that trade. But a lot of people know that every single one of these investment booms in the past have ended in a crash, and people are nervous."

A $240 price target implies nearly 65% upside, but debt rating agencies warn a $42 billion cash drain looms ahead.

Bank of America flagged September 11 CPI as the more decisive signal for the Fed rate path, Bitunix analysts said.

One enormous credit line could reshape the AI IPO race

A powerful cloud trend is reshaping Microsoft’s investment case.

The Federal Reserve is increasingly expected to raise interest rates in September, but signs of labor-market softness are putting new focus on Friday’s jobs report.

The Federal Reserve is increasingly expected to raise interest rates in September, but signs of labor-market softness are putting new focus on Friday’s jobs report.

The bank sees up to 71% upside as both expand across launch, defense, and lunar markets.

One stubborn forecast is drawing unusual heat across Wall Street.

Bank of America sees a differentiated opportunity in a breakthrough sleep apnea pill.

A major Wall Street firm says a regulatory shift and coming launches could change the setup for one biosimilar developer.

Wall Street spots a major obstacle in SpaceX’s next move.

SEC subpoenas Goldman Sachs, JPMorgan, Citigroup and Bank of America over margin lending to hedge fund Situational Awareness, which suffered a 67% drawdown amid an AI stock sell-off.

Bank of America’s analysis had more to do with what the company is hiding in its balance sheet than what it reported for Q2 2027.

JPMorgan Chase (JPM), Bank of America (BAC), Goldman Sachs (GS) and Morgan Stanley (MS) are clashing

By Pete Schroeder WASHINGTON, Aug 27 (Reuters) - Wall Street's most powerful banks fought side by side for years to relax capital rules, but with victory in sight, that alliance has fractured.

Another earnings beat may not be the biggest catalyst

Find insight on European banks, Scotiabank, National Bank of Canada and more in the latest Market Talks covering financial services.

In an interview with CNBC, BofA analyst Vivek Arya said investors are likely to pay closer attention to how Nvidia deploys the enormous cash it generates than to the earnings themselves.

Banks large and small have started to warm up to the idea of their own stablecoins, despite early doubts from some executives that there will be much demand for them. Instead, banks banded together to launch a tokenized deposit system as an answer to the rapid changes in the world of payments. Stablecoins are digital tokens pegged to the U.S. dollar or other currencies, while tokenized deposits are just traditional money represented as digital tokens.