Bank earnings reveal capital markets' 'resurgence': Analyst

) have reported their first quarter earnings, beating expectations on the top and bottom lines. Bank of America posted revenue of $25.82 billion, surpassing estimates of $25.61 billion, alongside an adjusted EPS of $0.83, beating the $0.77 estimate. Similarly, Morgan Stanley reported revenue of $15.14 billion, outperforming the $14.46 billion estimate, with adjusted EPS of $2.02, exceeding the $1.66 estimate.

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Canada's inflation rate ticks up to 2.9% in March amid higher gas prices, boosting June rate-cut bets

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Scotiabank analyst see ‘downside risks’ to bank stocks in a higher-for-longer interest rate backdropDaily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow
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Bank of America Cuts Space in Hong Kong in Blow to Office MarketBank of America Corp. is cutting some office space in its headquarters in Hong Kong’s Central district, according to people familiar with the matter, underscoring the headwinds for the city’s commercial landlords.
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Bank earnings, stock futures, oil prices: 3 ThingsBank of America (BAC) and Morgan Stanley (MS) both topped their first-quarter earnings estimates with the major bank stocks rising ahead of Tuesday's market ...
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