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BANK OF AMERICA
US Market: Rising Treasury yields put US banks under pressure over bond lossesRising US Treasury yields are deepening unrealised losses in American banks’ bond portfolios, forcing lenders to weigh immediate losses fro...- Global Market: UBS Q3 profit rises 8% to $2.69 billion, accelerates buyback planETMutualFunds identifies Axis, SBI, Kotak and Nippon India small-cap funds using parameters such as rolling returns, consistency, downside ...
- Meesho Q2: Brokerages expect sustained revenue growth; profitability in focus as festive spending risesBank of America expects revenue of Rs 4,130 crore and a net loss of Rs 141 crore for the quarter. Jefferies estimates revenue of Rs 4,064 c...
- US Market: Fed expected to hold rates as Iran war fuels inflation concernsThe US Federal Reserve is widely expected to hold interest rates steady as rising energy prices linked to the Iran war fuel inflation conce...
- Global Market Today: Asian stocks advance on resurgent AI optimismThe MSCI Asia Pacific Index rose 0.6%, as benchmarks in Australia, Japan and South Korea advanced. The Kospi Index rose 2.6%, with SK Hynix...
- Lula's re-election revives Brazil-US tensionsUS President Donald Trump has expressed doubts about the legitimacy of elections won by Brazilian President Luiz Inacio Lula da Silva. This...
- IIM Calcutta summer placements see 475 students secure 546 offers from 156 companiesIIM Calcutta has completed the summer placements for its 63rd MBA batch, attaining incredible success. A remarkable 475 students have secur...
- US Fed Decision: What to expect from Warsh's October meetingThe US Federal Reserve is widely expected to keep interest rates unchanged at its October meeting amid persistent inflation and elevated bo...
- Global Market Today: Wall Street gains lift Asian stocks as Fed decision loomsGauges in Japan and South Korea advanced, helping the broader MSCI Inc.’s Asia Pacific equities gauge rise 0.6%. Equity-index futures for U...
- Rogue AI agents exposing India’s data law blindspotsAs companies edge closer to the May 2027 enforcement deadline for the Digital Personal Data Protection (DPDP) law, AI’s emerging cybersecur...
- Taylor Swift gave $1 million to the food bank near her hometown. It is now on pace to move 14 million pounds of food this yearIn a generous act, Taylor Swift and her fiancé Travis Kelce have contributed a remarkable $1 million to Helping Harvest Fresh Food Bank in ...
- In 1841, Squire Whipple found a cheaper way to build long iron bridges; more than 100 of his designs later crossed America's canals and growing railroad linesIn the early 1800s, Squire Whipple revolutionized bridge engineering with his mathematical approach. His creation, the Whipple truss bridge...
- Global Market: Bank Indonesia defends policy mix after market confusionBank Indonesia has defended its latest policy package combining an unchanged benchmark rate, a higher deposit facility rate and reserve req...
- SoftBank's market cap halves from peak over AI fearsGlobal concerns over AI spending had accelerated after America-based cloud-computing provider CoreWeave Inc.'s bonds fell to levels associa...
- SoFi targets idle crypto cash with interest-bearing tokenized depositSoFi Technologies has launched an innovative tokenized deposit product that offers an attractive 4.2% annual interest rate. Funds deposited...
- Bank of America arm seeks CCI nod for up to 49.9% in Jio CreditA summary of proposed transaction noted this involves Jio Credit, a non-banking financial company within the Jio Financial Services group. ...
- Barclays India appoints Bank of America's Sonali Sharma as legal headSonali Sharma has been appointed as managing director and head of legal at Barclays India. She previously served as head of legal and gener...
- Bank of America consumer retail M&A banker Peacock to leave, sources sayRichard Peacock, a veteran banker in consumer and retail M&A, is leaving Bank of America. He has been with the bank for over a decade. Earl...
- US hits Bank of America with $1.2 billion fine, says it violated money laundering, sanctions lawsThe US Treasury Department announced a $1.2 billion fine against Bank of America for violating anti-money laundering laws. This penalty mar...
- Bank of America loses bankers, tells staff of big ambition, continued hiringRecent high-profile exits at Bank of America, such as banker Amy Lissauer, have sparked concerns about the institution's future. Once a lea...
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