BAC’s Global Markets segment, which provides a range of equity and debt-related services, performed well. Sales and Trading revenue rose 3% to $3.6bn while Equities revenue spiked 13% to $1.5bn. …
Tag: bank of america
Owned by seven banks, including JPMorgan Chase (JMP.N), the Bank of America (BAC.N), and Wells Fargo (WFC), Zelle is a peer-to-peer payment system. Scammers, claiming to be official representatives, such …
Although, new figures predict that the increased demand for electric and hybrid-electric vehicles and increasing energy storage systems will popularise lithium usage and push demand to $2.5 million per metric …
The FCA warned: This FCA authorised firm that fraudsters are claiming to work for has no association with the ‘clone firm’. Clone firm is a term the British financial authority …
Homebuilders at the back of the FTSE 100 after record low mortgage approvals In the UK yesterday, the FTSE 100 posted a 1.1% gain, led by International Consolidated Airlines Group, …
Bank of America is one of the US banks that is clearly leading in the blockchain-patent game. BofA has filed for over 60 blockchain-related patents so far. This is a …
CLS Group, a provider of risk management and operational services for the global foreign exchange (FX) market, has announced its intent to release a payment netting service, CLS Netting, for …
Bank of America Merrill Lynch just reported second-quarter earnings. The firm reported earnings per share of $0.36 on revenues of $20.6 billion. Analysts were expecting adjusted earnings per share of …
The trial marked an unprecedented scale of institutional collaboration between the financial and technology communities exploring how distributed ledgers can be applied to global financial markets. Just released is a …
Consortium to develop new technology for global financial markets now comprises 25 banks.
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