america Archives - Global Banking Monitor

Bank of America Issues Early Warning of Mild Recession at Year’s Start

Back in January, Bank of America was one of many investment banks that believed the U.S. economy was barreling toward recession. With the Federal...

Insights from Bank of America: 5 Key Indicators for an Approaching Recession

So far, the US economy has staved off a recession, but Wall Street remains mixed on its outlook for the year ahead. Bank of...

Despite $40 Billion Inflow, Bank of America Highlights Caution in Stock Market

As the holiday and Santa Rally season draws near, one Wall Street bank is telling investors to curb their enthusiasm where stocks are concerned. A...

CEO of Bank of America Reverses Recession Call Citing Robust Jobs and Spending

Bank of America Corp. Chief Executive Officer Brian Moynihan said the firm reversed its prediction for a recession in coming months because of strength...

Bank of America CEO Raises Concerns about Impact of Higher Capital Requirements

Bank of America CEO Brian Moynihan said U.S. authorities need to be careful when implementing new capital requirements of the Basel III accord to...

Bank of America Faces the Risk of Growing Bond Losses in Q2

Bank of America likely has another loss to report on its bond portfolio when it reports earnings tomorrow. JPMorgan’s bond loss was about $33...

Bank of America Reports Earnings Season Starts with Strong Performance

Corporate America’s initial stretch of earnings releases delivered results that surpassed the historical norm for the quarter’s kickoff, paving the way for a “solid”...

Bank of America Utilizes AI and Metaverse for New Hire Training

When you arrive at Bank of America’s new-employee boot camp at the New York Hilton Midtown, you’ll find a VR headset waiting for you....

Bank of America Secures First Texas Municipal Deal Following GOP-Backed Law

Bank of America Corp. won a Texas city’s bond deal on Wednesday, a sign that the nation’s largest municipal underwriter plans to revive its...

Central Banks in Latin America Rejoice at Favorable Inflation News

Inflation slowed more than expected in Mexico and Chile last month, in a sign that Latin American policymakers are finally getting soaring consumer prices...

Bank of America CEO Highlights US Consumer as the Federal Reserve’s Primary Challenge

Bank of America CEO Brian Moynihan said although he is relieved lawmakers reached a resolution for the debt ceiling, it is “not good for...

Fed’s Next Move Being Underestimated by Markets, Warns Bank of America

Markets are currently pricing in a pause in the Federal Reserve's interest rate increases next month. A move that will come before the central...

Warren Buffett Sells Holdings in Two Banks, Increases Investment in Bank of America

Warren Buffett cut his exposure to two more banks last quarter while raising his commitment to Bank of America (BAC) and buying new stock...

Bank of America to shift wealth management and banking employees, says source

Bank of America Corp (BAC.N) is redeploying employees in wealth management and lending to other roles within the company, a source familiar with the...

Stripe employees get to sell $1bn of shares

Strategies for Upskilling Your Workforce in an AI-Driven Economy

Five Strategies for Enhancing Internal Communications in Banks

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