|Day Low/High||28.86 / 29.34|
|52 Wk Low/High||22.66 / 31.17|
The five-decade Wall Street analyst Dick Bove just couldn't bring himself to raise money for a bank-stock fund at a time when he thinks banks are likely to be lousy stocks.
Loans to companies with low credit ratings swelled by 15% last year to $1.3 trillion, prompting warnings from the Federal Reserve and International Monetary Fund. Yet Wall Street firms that are deeply immersed in the market, from banks including JPMorgan Chase to private-equity firms like Blackstone, say they don't see what the problem is.
Bank of America gave CEO Brian Moynihan a 15% pay raise last year to $26.5 million, a new regulatory filing shows. His rival, JPMorgan Chase CEO Jamie Dimon, took home higher total pay last year with $31 million, but only got a 5% raise.
Jim Cramer takes a closer look at Jeff Bezos, Amazon and your game plan for the end of earnings season.
Bank of America stock is struggling to rise, even though it bumped its already sizable buyback plan by 12.5% or $2.5 billion.
Analysts need to recognize this shift in the banking markets.
Bank of America Corporation today announced an increase to its common stock repurchase program by an additional $2.
A new study by Merrill Lynch conducted in partnership with Age Wave finds nearly half of Americans ages 55 and older do not have a will, despite the widely held belief that people should have their end-of-life affairs in order before they turn 50.
Bank of America Merrill Lynch Community Development Banking (CDB) provided a record $4.
A decade after the entire financial system nearly collapsed in 2008, Fed officials are following through on a plan to simplify annual 'stress tests,' in which banks are graded on their ability to withstand a severe financial crisis. Shareholders could see bigger dividends and stock buybacks -- potentially at the cost of increased risk.
Bank of America today introduced Business Advantage 360, a new digital dashboard designed to make it easier for entrepreneurs to manage the various financial aspects of their business.
In 2011, global markets were gripped by fears of rising losses at giant French banks like BNP Paribas. Now, a veteran analyst is warning it could happen again -- this time from losses on derivatives bets.
So far nine are in positive territory, and are up an average of just over 11%.
Jim Cramer makes sense of this market action and has your game plan for next week.
Dividend reinvestment plans (DRIPs) are compound interest to the extreme. Here are an expert's top-10 DRIP stocks for 2019.
Jim Cramer takes a closer look at Bank of America, Kemet, Boston Beer, Diageo, Pilgrim's Pride, Tyson Foods, Moderna and more.
Bank of America Corporation today announced the Board of Directors declared a regular quarterly cash dividend on Bank of America common stock of $0.
Bank of America today announced that it will expand eligibility for commission-free online stock and ETF trades through Merrill Edge.
This big bank triggers two buy signals above $30. Chart shows BAC is carving out a bullish reversal.
Bank of America economists estimate that the 35-day-old partial U.S. government shutdown will shave 0.2 percentage points off first-quarter growth in gross domestic product.
Bank of America's Client Assistance Program will continue to offer personalized assistance to clients as the shutdown ends and the federal government reopens.
Some Wall Street analysts are starting to warn that big banks like JPMorgan Chase might have to start paying higher rates on deposits to keep customers from defecting to smaller banks with better offers, or to online-only lenders that don't have to cover the costs of maintaining hundreds or thousands of branches.
JPMorgan Chase CEO Jamie Dimon says he doesn't worry about the ups and downs of financial markets. Yet the bank's trading business, Wall Street's biggest, has proved remarkably consistent -- and resilient.
Global economic weakness just adds to the pressure, here is what the Chinese should do.
TheStreet's founder and Action Alerts Portfolio Manager Jim Cramer helps investors navigate the market as it walks a "tightrope". Watch an excerpt from his members only call.
Here's what you need to know on TheStreet.
Banks' quarterly reports mean quarterly grades are due.
Bank of America, Citigroup, JPMorgan and Wells Fargo reported their fourth-quarter earnings and each traded higher. The rebound was driven by oversold technicals and cheap fundamentally.
Bank of America today was named the 2019 Catalyst Award winner by Catalyst, a global nonprofit working with CEOs and leading companies to build workplaces that work for women.
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