Bank of America Corp (BofA)’s personal financial planning app, Life Plan, has gained over $55 billion, and …
Bank of America Corp.
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BanksInternational NewsMoneyNews
JPMorgan, other U.S. banks flooded with clients post SVB crash
by Sama Mousaby Sama MousaA huge number of customers have applied to shift accounts to large U.S. banks such as JPMorgan …
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Financial Institutions
Bank of America sets new cost target under pressure from low rates
by Noha Gadby Noha GadBank of America Corp (BAC.N) reported a 19 percent drop in second-quarter profit on Monday and set …
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Bank of America Corp, the No. 2 U.S. bank by assets, reported Tuesday a better-than-expected rise in …
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Janet Yellen may be about to discover that if all politics is local, all monetary policy is …
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Goldman Sachs Group Inc. is expected to pay $129.5 million to settle its slice of a lawsuit …
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Banks
Citigroup to BofA Spurn Treasuries to Hoard Cash on Taper Risk
by Yomna Yasserby Yomna YasserNever before have America’s banks been so wary of risking their cash deposits on U.S. government debt. After …
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Bank of America Corp. should pay the maximum penalty of $863 million for selling defective loans to Fannie …
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Fairfax Financial Holdings Ltd. (FFH), which has until Nov. 4 to firm up its $4.7 billion bid …
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Societe Generale SA, France’s second-largest bank, said second-quarter profit more than doubled, beating analysts’ estimates, helped by a …