News Formal

BofA’s Investment-Banking Unit on Track for 15% Growth, CEO Says

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 50%

United States News News

United States United States Latest News,United States United States Headlines

Bank of America Corp.’s sales and trading team is on track to report second-quarter revenue growth in the low single digits, with investment banking up 10% to 15% from a year earlier, Chief Executive Officer Brian Moynihan said.

Klarna Swings Into Quarterly Profit With 29% Revenue JumpKKR’s €22 Billion Telecom Italia Deal Wins Unconditional EU NodTelcos Hunt Down Billions Worth of Buried Copper as Prices SoarGhana to Sign Bilateral Debt Deal After Renegotiating Some TermsUS Mortgage Rates Climb Past 7% in First Gain Since Early MayHigh Interest Rates Are Working, Fed's Williams SaysTraders Report Live Pricing Issues for S&P 500 and Dow Jones IndicesWall Street Passes Early T+1 Test With No Rise in Failed...

What you should knowFirst 2024 Canada carbon rebates will be deposited today for some CanadiansThe big benefits of adopting a debt-free lifestyleMost young adults think retiring by 65 is outdated: surveyMany Canadians still feeling squeezed even as debt worries ease: insolvency firmHow to avoid OAS clawbacks and other tax traps in retirementSurvey finds nearly half of Canadians feeling 'stuck at work'US Banks Have a Commercial Property Blind Spot Risk, Study WarnsUS Pending Home Sales...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 83. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Kenya’s 15% Infrastructure Bond Tax May Dent Foreign InvestmentThe Kenyan government plans to start taxing interest from infrastructure bonds by as much as 15%, a move that could hurt foreign currency inflows for the popular securities.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Goldman’s Germany Investment Banking Head Mayer to Join JPMorganJPMorgan Chase & Co. is hiring Alexander Mayer, head of Germany and Austria investment banking at Goldman Sachs Group Inc., according to people familiar with the matter.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Credit Agricole's Q1 earnings jump as investment banking beats rivalsExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »

JPMorgan Starts New Round of Investment-Banking Job Cuts in AsiaJPMorgan Chase & Co. has started a new round of layoffs in Asia, cutting at least seven more investment-banking jobs, according to people familiar with the matter.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

CICC, Citic, JPMorgan cut investment banking jobs in China as deals stallExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »