The stablecoin market could be headed for a major competitive shake-up as some of the world's largest financial institutions move beyond experimentation and prepare to compete directly for blockchain-based payments and liquidity.
Goldman Sachs just combed through $10 trillion in equity positions and found a surprising overlap between hedge fund and mutual fund portfolios, and the shared favorites reveal a clear conviction about where institutional money expects the biggest returns.
Bank of America's NII rises 9% y/y to $31.7B in 1H26, led by loan and deposit growth and asset repricing, with gains expected through the rest of 2026.
Bank of America's AI push and branch expansion are boosting efficiency. However, persistent expense pressure could cloud the case for fresh investment.
Bank of America Series NN and QQ preferred shares yield 6.6%, offering attractive income relative to long-dated Treasuries. BAC's strong operating performance, including rising net interest income and steady loan growth, underpins preferred dividend safety. Risks include shrinking loan loss allowances and sensitivity to long-term interest rates, but BAC's 'too big to fail' status provides comfort.
BAC, C, DB and HSBC are among six banks agreeing to an $86.4M settlement over alleged Mexican bond market manipulation.
Berkshire's latest portfolio moves signal a bigger bet on Alphabet and housing stocks. Here are the ETFs that offer exposure to its top buys.
BAC invests $1.9 billion for up to a 49.9% stake in Jio Credit, expanding its India presence and exposure to the growing financial-services market.
It's no happenstance that Brian Moynihan regularly jams “gainsay,” “concomitant” and “fantods” into otherwise ordinary sentences in analyst calls.
BAC plans to acquire MDSec to strengthen cybersecurity, adding 65 specialists as AI and digital banking raise cyber risks.
Being financial powerhouses with impressive franchises, both Bank of America BAC and Morgan Stanley MS benefited from stronger capital markets activity, robust trading volumes and improving investment banking (IB) conditions in the first half of 2026. However, their business models differ.
The smart money is decisively bullish on Bank of America (NYSE:BAC | BAC Price Prediction), even as the stock trades at or near record highs.