each posted results that beat analysts' expectations as the firms set aside less money for defaulting loans.
Bank of America, the second-biggest U.S. lender by assets, has booked a total $9.8 billion provision for credit losses in the first two quarters of 2020. Analysts expect that figure to shrink in the third quarter, just as it has at competitors.Shares of Bank of America have declined 29% so far this year, a slightly better performance than the KBW Bank Index.
Bank stocks are garbage. Will someone tell the pumpers on CNBC to stop promoting them? They keep doing nothing but going down
Congress won’t delay bailing them out I’m sure
good
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:
Italia Ultime Notizie, Italia Notizie
Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.
Bank of America is offering short-term small-dollar loans for select clients - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. YOU NEW to FOREX? Minimize your losses with my expert strategy with an investment capital of $300, i can guarantee $3,500 as profits after 5days of investment without sending money to anyone . Inbox me if interested. 📈
Fonte: BusinessInsider - 🏆 729. / 51 Leggi di più »
S&P, Dow futures ease on J&J vaccine worries; bank, tech stocks shineFutures tied to the Dow and the S&P 500 dipped on Tuesday as investors waited for more information from Johnson & Johnson after it paused its COVID-19 vaccine trials, although upbeat quarterly reports from some of the big U.S. banks capped losses. Still struggling with becoming A Profitable Forex trader? I can help you out,Make $3000 In Just A Week,No need to pay for Signals,Learn how to invest and generate income all by yourself.Become a successful forex trader today📊💰.DM for more info Markharrisfx Bank and tech stocks shine ,I guess so after Trump and fed dumped trillions on them does like for average American except cause inflation at grocery store, on workers worsening budget crunch under con man trump
Fonte: Reuters - 🏆 2. / 97 Leggi di più »