BAC

[dealmaker]

Buffett's firm to become Bank of America's biggest investor

http://www.sfgate.com/business/article/Buffett-s-firm-to-become-Bank-of-America-s-11256501.php

 

[murray t turtle]

Buffett's firm to become Bank of America's biggest investor

http://www.sfgate.com/business/article/Buffett-s-firm-to-become-Bank-of-America-s-11256501.php

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Wonder if his mind is still good ?? LOL Maybe; he said he did not understand tek stock + finally bought some AAPL

 

[dealmaker]

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Wonder if his mind is still good ?? LOL Maybe; he said he did not understand tek stock + finally bought some AAPL

BAC is a SIFI has retail account prowess and ML...

 

[dealmaker]

Bank of America Is Missing Out on Wall Street’s Boom

https://www.wsj.com/articles/bank-of-america-is-missing-out-on-wall-streets-boom-1539428400

 

[dealmaker]

BofA: Managers expect economy to slow, but say recession unlikely

A majority of investors are bearish on the economy, but still few expect a global recession in 2019, said Bank of America Merrill Lynch's monthly fund manager survey released Tuesday. A net 60% of surveyed investors this month expect global growth to weaken over the next 12 months, up from 53% the previous month. (Pensions & Investments)

 

[dealmaker]

BofA's loan growth drives better-than-expected profit

Bank of America Corp.’s quarterly profit topped analyst estimates as a growing loan book helped it ride out year-end market turbulence. Under CEO Brian Moynihan, the Charlotte-based bank has slashed costs while tightening risk controls, boosting overall profitability while weighing on some businesses like investment banking. (Reuters)

 

[dealmaker]

BofA expands free trading in stocks, ETFs for rewards customers

The lender is broadening eligibility for commission-free trades on stocks and exchange-traded funds to the 5.25 million clients enrolled in its Preferred Rewards program. That group of customers, which have combined banking and investment assets of more than $425 billion, can trade stocks for free on the Merrill Edge online platform. (Crain's New York Business)

 

[dealmaker]

RenTech Has Been Pulling Money Out of Deutsche Bank for Months (Bloomberg)
Renaissance Technologies, the hedge fund giant that Deutsche Bank AG has counted as one of its largest clients, has been taking money out of its prime brokerage accounts with the German lender over the past few months, according to people familiar with the move. While Renaissance, the secretive firm known for its unrivaled Medallion Fund, remains a major client of Deutsche Bank, it has been moving business to Barclays Plc and Bank of America Corp., among others, according to the people, who asked not to be identified because the information isn’t public.

 

[dealmaker]

https://nypost.com/2019/07/17/bank-...medium=site buttons&utm_campaign=site buttons

 

[dealmaker]

https://finance.yahoo.com/news/bank-of-america-will-pay-people-15-to-use-its-app-130049856.html