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Keywords: Bank of America
Bank of America’s research division has projected that the US Federal Reserve could resume raising interest rates in 2026 as policymakers continue to monitor inflationary pressures and the resilience of the American economy. According to the bank’s latest outlook, the central bank may implement......
STMicroelectronics shares rose after Bank of America Securities upgraded the Franco-Italian semiconductor group from neutral to buy and raised its price target to 86 euros. The new valuation marks a record level among recent analyst forecasts and reflects renewed confidence in the company’s earnings......
Bank of America expects its trading revenue to increase by about 15% in the second quarter compared with the same period last year, according to CEO Brian Moynihan. The projection reflects improved performance in global financial markets following a period of heightened volatility last year, when markets......
French authorities have arrested two additional suspects in connection with a foiled attack near the Paris headquarters of Bank of America, bringing the total number of individuals in custody to three. The incident occurred overnight from Friday to Saturday in Paris, where a 17-year-old suspect......
French police foiled an attempted attack overnight in Paris, preventing a potentially dangerous incident outside a branch of Bank of America. According to initial reports, the incident occurred shortly after 3 a.m. on a central Paris street. Officers intervened as an individual allegedly attempted to......
Bank of America has agreed to pay 72.5 million dollars to settle a class action lawsuit brought by women who accused the bank of facilitating their sexual abuse by Jeffrey Epstein, according to court documents filed Friday. The settlement amount was disclosed in filings submitted to federal judge Jed......
Elon Musk intends to reserve up to 30% of SpaceX's upcoming initial public offering for individual investors, at least triple the typical 5-10% share in standard IPOs. Reuters reported Thursday that this approach breaks from convention, with SpaceX CFO Bret Johnsen pitching the oversized retail allocation......
Bank of America is reinforcing its presence in the technology dealmaking market by recruiting four experienced bankers from major financial institutions, according to internal communications reviewed by media outlets. The move reflects the bank’s broader strategy to expand its influence in technology-related......
Global investors are directing significantly more capital toward international equities than US stocks for the first time in nearly a decade, a trend Bank of America analysts describe as the emergence of a “new world order” in financial markets. Data cited by Bloomberg from a Bank of America......