Bank of America Corporation (BAC)
Top U.S. banks hike dividends after sailing through Fed's stress test
U.S. banking giants announced plans to raise their third-quarter dividends on Friday after proving that they have enough capital to withstand severe economic and market turmoil in the Federal Reserve's annual health check.
3 Cheap Stocks Under $50 to Buy Aggressively Now
Finding promising yet undervalued stocks remains a challenge in today's high-priced market. While cheap stocks offer the potential for high returns, identifying them requires thorough analysis beyond just low share prices or market caps.
Ten big banks settle US interest rate swaps rigging litigation
Ten large banks including Bank of America , Goldman Sachs and JPMorgan Chase will pay $46 million to settle a long-running antitrust lawsuit accusing them of conspiring to rig the now $465.9 trillion market for interest rate swaps.
Analysts praise banks and puzzle over Fed after stress tests
Oppenheimer analysts cautioned investors not to “burn too many brain cells on deciphering the Fed's logic” as analysts gave the annual exercise mixed reviews on Thursday.
US banks weather Fed's annual stress test, but risks rise
Big U.S. banks had enough capital to weather a potentially severe economic downturn but some of their risky businesses could hypothetically take a major hit this year, according to results of the Federal Reserve's annual stress test.
Bank of America Corporation (BAC) is Attracting Investor Attention: Here is What You Should Know
Zacks.com users have recently been watching Bank of America (BAC) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Big US banks withstand Fed's commercial real estate shock scenario
Big U.S. banks survived a hypothetical 40% drop in commercial real estate values as a part of the U.S. Federal Reserve's annual health test, easing fears about the banking sector as landlords struggle in a higher-for-longer interest rate world.
US banks suffer steeper losses, but retain large cushions in annual Fed health check
The biggest U.S. banks would have enough capital to withstand severe economic and market turmoil, the Federal Reserve's annual "stress test" exercise showed on Wednesday, but firms faced steeper hypothetical losses this year due to riskier portfolios.
Big Banks Can Withstand Disaster Scenario as Balance Sheets Grow ‘Riskier,' Fed Says
U.S. lenders have sufficient capital to withstand an economic catastrophe, the central bank determined.
3 Bank Stocks to Buy on the Dip: June 2024
Betting on the best bank stocks to buy on the dip is a smart move ahead of a broader-market rally. The banking space is rich and pivotal to powerful investment portfolios.
Citi, BofA, Others Eye Swiss Expansion Post Credit Suisse Buyout
After Credit Suisse's takeover by UBS, banks like BNP Paribas (BNPQY), Deutsche Bank (DB), Citi (C) and BofA (BAC) target Switzerland for business expansion.
Big US banks expected to be cautious on shareholder payouts after stress tests
Big U.S. lenders are expected to show they have ample capital to weather any renewed turmoil during this week's Federal Reserve health checks, but will be conservative on investor payouts amid economic and regulatory uncertainties, analysts said.
