Citi hires new China head from BofA
Zhang Wenjie, currently China president at Bank of America (BofA), will be joining Citi in July as…
Major U.S. Banks, Like JPM, Citi, BoFA, and Others, Mull Joint Stablecoin Launch: WSJ
Major U.S. banks are weighing launching a joint stablecoin to fend off crypto competition. Financial heavyweights like JPMorgan…
AI chips are the new ‘coin of the realm’ as they grease the wheels of geopolitical negotiations, BofA says
AI chips, such as the graphics processing units that are critical to Nvidia’s success, have become so important…
Battered BTC Market Looks to Federal Reserve for Support, BofA Predicts End of QT
As bitcoin (BTC) looks to recover from its recent downturn, observers are looking to Wednesday’s Federal Reserve (Fed)…
Investors slash US equity holdings by most ever, BofA survey shows
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In wake of tragedies, BofA tasks senior execs with overseeing junior banker workload
Bank of America, which has come under scrutiny for its treatment of junior bankers, is changing who is…
Berkshire Hathaway Adjusts Portfolio, Keeps Apple Stake Unchanged, Offloads Stakes in BofA – Apple (NASDAQ:AAPL), Bank of America (NYSE:BAC)
Warren Buffett‘s Berkshire Hathaway Inc. BRK made significant adjustments to its portfolio in Q4 2024, reducing its investment in a…
JPMorgan, BofA, Equifax, And Others May Get Relief After CFPB Dissolution: Maryland Senator Says He Will Ensure It Continues To ‘Fight For Consumers’ – Bank of America (NYSE:BAC), Capital One Finl (NYSE:COF)
Over the weekend, the Consumer Financial Protection Bureau’s (CFPB) operations were unexpectedly suspended. This followed DOGE lead Elon…
Block In The S&P500? BofA Analyst Says Company Meets All Criteria – Block (NYSE:XYZ)
BofA Securities analyst Jason Kupferberg reiterated the Buy rating on Block, Inc. XYZ with a price forecast of…
Bitcoin Loses $93K as Goldman Trims Fed Rate Cut Expectations, BofA Sees Potential Hike After Blowout Jobs Report
Bitcoin (BTC) started the new week on a negative note as major investment banks reassessed their expectations for…