Bank of America
681 results

Tech has been the big winner in the Covid crisis but at what price?
- Technology
- August 26, 2020, 16:20
The grotesquely lopsided nature of the record-breaking rally in US stocks reveals a good deal about modern human behaviour and about what investors no(...)

Stocktake: Fund managers are not ‘dangerously bullish’
- Personal Finance
- August 25, 2020, 05:10
The US market hit all-time highs last week and has now rallied more than 50 per cent since bottoming in March. With this happening in the middle of a (...)

Coronavirus: Fed under pressure to take more action to help US economy
- Economy
- August 19, 2020, 20:56
US Federal Reserve officials have moved closer to a consensus on how to take further action to help the economy weather the protracted coronavirus cri(...)

US stocks hit record high after rebound from Covid crisis low
- Markets
- August 18, 2020, 13:45
Wall Street’s benchmark stock index has struck an all-time intraday high after rallying more than 50 per cent from the bear-market low hit during the (...)

How Argentina and its creditors thrashed out a $65bn deal
- Economy
- August 13, 2020, 13:01
By the time members of Argentina’s biggest bondholder group hopped on to their weekly conference call at 9am on Monday, August 3rd, the anxieties of t(...)

Berkshire Hathaway profits surge despite $10bn writedown
- Manufacturing
- August 9, 2020, 17:18
Warren Buffett’s Berkshire Hathaway reported a surge in profits in the second quarter as the value of its stock portfolio rebounded, offsetting a near(...)

Joe Brennan: ‘Uncertainty’ line will not wash with investors
- Markets
- July 24, 2020, 16:12
United Airlines may have spent 1,150 days undergoing painful restructuring after filing in 2002 for what remains the largest-ever airline bankruptcy. (...)

Stocktake: Cautious fund managers wary of S&P rally
- Personal Finance
- July 21, 2020, 05:00
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(...)

European stocks lose ground after mixed reaction to stimulus plans
- Markets
- July 16, 2020, 18:37
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(...)

Bank of America profit more than halved in second quarter
- Markets
- July 16, 2020, 18:00
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 (...)