Bank of America is considering whether to offer a credit card with interest capped at 10% for a year, a source told NBC News ...
Prior to the Oracle of Omaha's retirement as CEO, he jettisoned nearly 465 million shares of Bank of America and built an 8.8 ...
JPMorgan Chase and Bank of America said they will match the US government’s $1,000 contribution to so-called Trump accounts for thousands of their US employees.
Bank CEOs warn that a 10% credit-card rate cap would disproportionately impact vulnerable borrowers. Despite strong quarterly earnings, major bank stocks fell due to political concerns over rate caps.
Bank of America topped analysts' expectations for the fourth quarter on gains from net interest income and equities trading. Net interest income rose 9.7% to $15.92 billion in the quarter. The company ...
BofA beats profit estimates on trading boost Bank expects Q1 net interest income to rise 7% CEO Moynihan bullish on U.S. economy Jan 14 (Reuters) - Bank of America (BAC.N), opens new tab beat ...
Bank of America said it expects net interest income, an important source of revenue, to rise between 5% and 7% this year. While those are solid results for the lending portion of the business, growing ...
Trump proposed a one-year 10% cap on the interest rates that American credit card companies can charge customers. Shares of Citigroup, JPMorgan Chase, Wells Fargo, Bank of America, Visa, Mastercard, ...
Today's highest CD rate is 4.94% for CD. CD rates from online banks are commonly twice as high as the national average rates. CD ladders let you leverage high rates without locking up all of your ...
Gold and silver prices plummeted early Friday morning following news that President Trump planned to nominate Kevin Warsh as the next chair of the Federal Reserve. Investors started selling off ...
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Bank of America warns markets, borrowers to anticipate shift in Fed’s interest-rate path
The debate over when the Federal Reserve will finally start cutting rates just picked up a new and unnerving variable: a criminal investigation into the sitting Fed chair. Federal prosecutors have ...
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