Bank of America

665 results

Bad as the second quarter was for United Airlines, it wasn’t as dismal as analysts’ expectations for the US airline. Photograph: iStock

United Airlines may have spent 1,150 days undergoing painful restructuring after filing in 2002 for what remains the largest-ever airline bankruptcy. (...)

The Fearless Girl statue stands in front of the New York Stock Exchange on Wall Street. Photograph: Angela Weiss/AFP via Getty Images

The S&P 500 has rallied almost 50 per cent since March’s bottom, but investor greed remains conspicuous by its absence. That’s according to the la(...)

Airline stocks including British Airways parent IAG fell on Thursday’s markets. Photograph: Chris Ratcliffe/Bloomberg

European markets were muted on Thursday as some stocks lost part of the gains made a day earlier. Dealers said there was mixed reaction to the Europea(...)

Pedestrians wearing protective masks walk past a Bank of America branch: it has set aside $5 billion to cover loan losses. Photograph: Jeenah Moon/Bloomberg

Bank of America saw its profit more than halve in the second quarter as it set aside $5 billion to cover potential loan losses, while warning that it (...)

A health professional prepares a needle during human trials for a Covid-19 vaccine in Brisbane, Australia. Photograph: Glenn Hunt/EPA

Good news from Covid-19 vaccine trials boosted markets on Wednesday. Both US group Moderna and the University of Oxford-Astrazeneca joint venture repo(...)

The bank’s net income fell to $4.69 billion, or $1.38 per share, in the quarter ended June 30th.

JP Morgan Chase & Co on Tuesday set aside about $10.5 billion (€9.2 billion) in reserves to cover a wave of potential defaults in the aftermath of(...)

European shares rose on Friday after upbeat industrial output data raised hopes of a faster than expected economic recovery. Photograph: Getty Images

European shares rose on Friday after upbeat industrial output data from Italy and France raised hopes of an economic recovery, even as a spike in coro(...)

Veteran money manager and bubble expert Jeremy Grantham described the current market a ‘real McCoy’ bubble

High valuations and crazed speculative bets from inexperienced day traders – is the current market a “real McCoy” bubble, as veteran money manager and(...)

Traditionally, sterling has been one of the most heavily traded and therefore safest currencies in the world

The pound is now an emerging-market currency in all but name, according to analysts at Bank of America, who say that Brexit has turned it into a mirro(...)

Wall Street is past ‘peak pessimism’. Photograph: iStock

Stocks are overvalued but they have room to keep rising anyway. That’s the takeaway from the latest Bank of America monthly fund manager survey, whic(...)

  • « First
  • Prev
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • Next
  • Last »