Bank of America

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Tokyo’s benchmark Topix index was flat while Hong Kong’s Hang Seng rose 0.8 per cent.

European equities pushed higher on Friday as investors weighed up rising coronavirus cases in the US and China against sprawling stimulus measures fro(...)

AIB: bonds were sold through a holding company set up at the top of the bank’s corporate tree in late 2017.

AIB raised €625 million to boost its capital reserves on Tuesday through the sale of the riskiest form of bank debt. The bank received a total of €5(...)

Jerome Powell, chairman of the US Federal Reserve, speaks during a virtual news conference seen on a laptop computer in Arlington, Virginia, on June 10th. The Federal Reserve put a floor under its large-scale asset purchases and projected interest rates will remain near zero through at least 2022 as policy makers seek to speed the economy’s recovery from the coronavirus recession. Photograph: Andrew Harrer/Bloomberg

Federal Reserve officials predicted that they would keep interest rates close to zero until at least the end of 2022, as the US central bank said it r(...)

Amazon, one of the As in the FANGMAN group. Photograph:  Emmanuel Dunand/AFP via Getty

Going long on US technology and growth stocks remains the most-crowded trade in the world, according to Bank of America’s fund manager survey. Contrar(...)

Bank of America’s Bull & Bear Indicator is at 0, denoting extreme levels of bearishness. File photo. Photograph: Jeremy Bales/Bloomberg

Stocks continued to advance last week, with the S&P 500 hitting its highest level since early March. However, while US equities have now recovered(...)

Eir and Phoenix will enter into a long-term agreement for the provision of hosting services over the infrastructure.

Telecoms provider Eir has sold its tower infrastructure subsidiary to US group Phoenix Tower International for €300 million. The sale of Emerald Towe(...)

Photograph: iStock

European stocks rose on Wednesday, while US stocks also advanced in early trading, amid upbeat quarterly earnings reports from retailers and hopes of (...)

Warren Buffett, chairman and chief executive of Berkshire Hathaway. Photograph: REUTERS/Kevin Lamarque/File Photo

Warren Buffett’s Berkshire Hathaway swung to a $49.7 billion (€44.8 billion) loss in the first three months of the year, as the sharp sell-off in glob(...)

The Boeing and  Embraer logos.  The collapse of the deal will  be seen as a blow to Boeing, which had moved to broaden its portfolio of aircraft to compete with European rival Airbus. Photograph: Getty Images

Embraer has accused Boeing of making false claims to justify walking away from a $4 billion (€3.7bn) deal to acquire the Brazilian group’s regional je(...)

JPMorgan said its commitment to companies in Europe “remains unwavering”. Photograph: Eduardo Munoz/Reuters

US banks are pulling back from lending to European companies during the coronavirus pandemic, fuelling concerns that Wall Street may be quietly withdr(...)

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