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Latest BAC News From Around the Web
Below are the latest news stories about BANK OF AMERICA CORP that investors may wish to consider to help them evaluate BAC as an investment opportunity.
Is Bank Of America (BAC) the Best Financial Stock to Buy According to Hedge Funds?We recently compiled a list of the 10 Best Financial Stocks To Buy According to Hedge Funds. In this article, we are going to take a look at where Bank Of America Corporation (NYSE:BAC) stands against the other best financial stocks to buy according to hedge funds. According to the Business Research Company, the market […] |
2 Warren Buffett Stocks to Buy Hand Over Fist in JanuaryThese Warren Buffett picks can help investors build a robust portfolio in 2025. |
Warren Buffett Prepares His Middle Child for the Job of a LifetimeHowie Buffett will become nonexecutive chairman of Berkshire Hathaway, charged with keeping the culture—and making sure the CEO does too. |
Big banks earnings, Kohl's CEO, December CPI: What to WatchAfter the closing bell on Wall Street, Market Domination Overtime Co-Hosts Julie Hyman and Josh Lipton examine what's on deck for investors next week. Big banks kick off earnings season with JPMorgan Chase & Co. (JPM), Wells Fargo (WFC), Citi (C), Goldman Sachs (GS), Bank of America (BAC), and Morgan Stanley (MS) set to report quarterly results throughout the week. KB Homes (KBH), UnitedHealthcare Group (UNH), and Taiwan Semiconductor Manufacturing Company (TSM) will also release earnings reports. Kohl's (KSS) announced that CEO Tom Kingsbury will be stepping down from the role effective January 15, 2025. Former Michaels Companies CEO Ashley Buchanan has been named his replacement. The market will get fresh economic data with the Producer Price Index (PPI) coming out on Tuesday, January... |
Stocks to watch next week: Goldman Sachs, Antofagasta, TSMC, Vistry and OcadoEarnings preview of key companies reporting next week and what to look out for. |
BofA's Consumer Investments Surpasses $500 Billion in Assets as Clients Choose High-Tech, High Touch Approach to Managing FinancesBank of America today announced its Consumer Investments business has grown to more than $500 billion in client assets, a more than 10-fold increase since the business started a decade ago. This includes nearly 4 million client accounts with Merrill Edge Self-Directed and Merrill Guided Investing, built on Merrill's industry-leading technology and investment offerings. |
BofA consumer investments surpass $500 billion as it eyes $1 trillionInvestments from Bank of America's retail consumers have swelled to more than $500 billion in assets this year, and the company aspires to cross $1 trillion in five years. "If you look at our results, we have doubled every five years, so I'd like to think that we could do that again and achieve this within a five-year time period," Aron Levine, BofA's president of preferred banking, told Reuters. The second largest U.S. lender launched its consumer investment business in 2010. |
Bank of America (BAC) to Announce Hefty Bonus for Investment BankersAfter a surprisingly successful year for the financial sector, BAC is set to announce double-digit bonus payouts to its investment bankers. |
Bank of America bonuses for investment bankers to rise about 10%, source saysBank of America's bonus pool for investment bankers will probably rise 10% for last year, a source familiar with the matter told Reuters. While the average increase will be 10%, some investment bankers will get smaller payouts in the mid-to-high single digits, while other top performers would exceed the 10% range, two other sources told Reuters. BofA Securities ranked third on the global deals for investment banking fees in the fourth quarter, earning $1.4 billion in revenue, up sharply from $958 million in same period in 2023, according to Dealogic data. |
ETF Wisdom From Warren Buffett on Berkshire's 9th Straight Yearly WinWarren Buffett's Berkshire Hathaway recorded the ninth straight-up year in 2024. Here's what to learn from it. |