BofA Bets Big on Steady Revenues From Transactional FX Business

📆 26/06/2024 12:39:00
📰 BNNBloomberg

⏱ Reading Time:
13 sec. here
2 min. at publisher
📊 Quality Score:
News: 8%
Publisher: 50%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

A growing share of Bank of America Corp.’s currency trading revenue comes from a unit that isn’t catering to high-flying macro hedge funds but instead the world’s largest corporations and retail banking clients.

BofA Bets Big on Steady Revenues From Transactional FX BusinessLGIM to Sell Glencore Stake on Concern Over Thermal Coal PlansOil Holds Decline After Industry Report Points to Stockpile GainUS Industries Fearing a Port Strike Urge Biden to Revive TalksVolkswagen Invests $5 Billion in EV Startup Rivian to Form Joint VentureNorway Pension Fund Exits Caterpillar Stake on Israel LinksChina Reveals Government Fund Misuse, Highlighting Fiscal RisksECB’s Rehn Sees Bets for Two More Cuts in 2024 as...

5%, Starmer SaysExxon Backs EV Demand Growth to Turn Its Lithium Bet Into a WinMargin Trades of $30 Billion Add to Risks for Japan Stock RallyActivist Investing Booms in Japan, Led by Elliott's SuccessesCanada inflation quickens to 2.

Écrire un Commentaire

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

France Dernières Nouvelles, France Actualités