Bank of America (BAC) concluded the recent trading session at $47.04, signifying a -0.99% move from its prior day's close.
With a $364 billion market cap and an asset base (as of Sept. 30) that totals a gargantuan $3.3 trillion, Bank of America (BAC -0.54%) is a leader in the financial services industry.
Two of the 29 global systemically important banks (G-SIBs) moved to different “buckets” in 2024, meaning they will have a higher or lower capital requirement than they did before, the Financial Stability Board (FSB) said Tuesday (Nov. 26).
BAC stock hits a new 52-week high. Can the newly elected government's stance and the company's growth efforts keep the momentum going?
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Bank of America (BAC) closed at $47.50 in the latest trading session, marking a +1.06% move from the prior day.
Bank of America's private banking arm said on Friday industry veterans Phillip Edwards and Lauren Stuhmer would join its Palm Beach office as private client advisers.
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
Bank of America's co-head of investment banking in India and two other bankers have left the company amid an investigation into wrongdoing allegations, the Financial Times reported on Thursday, citing three people familiar with the matter.
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The Bank of Canada (BoC) is likely to cut interest rates in December by 25 basis points after headline inflation for October came in at 2%, analysts at the Bank of America Corp (NYSE:BAC) believe. Analysts see just a 25 basis point cut in December instead of another 50 basis point decrease as inflation rose month-over-month from 1.6% in September, driven by higher gas prices.