Bank of America to redeploy wealth management, banking employees

More articles on this subject

5h

Russia Oil Refining Curbed as Maintenance Follows Drone Strikes: Russia’s oil-processing rates remain under pressure as refineries, which have barely recovered ...

bloomberg.com/news/articles/2024-04-26/russia-oil-refining-curbed-as-maintenance-follows-drone-strikes

32

11h

BofA’s Hartnett Says US Megacaps to Lead Stocks Until Rates Bite: The US equity market will continue to rely on a handful of megacap stocks for direction until ...

bloomberg.com/news/articles/2024-04-26/us-megacaps-to-lead-stock-rally-until-real-rates-bite-says-bofa

18

Apr 25

India Extends Central Bank Deputy Governor Sankar’s Tenure: India has extended the tenure of T Rabi Sankar, a deputy governor at the country’s central bank ...

bloomberg.com/news/articles/2024-04-24/india-extends-central-bank-deputy-governor-sankar-s-tenor

12

9h

Activist Elliott Said to Build $1 Billion Anglo American Stake: Elliott Investment Management has built a roughly $1 billion stake in Anglo American Plc ...

bloomberg.com/news/articles/2024-04-26/activist-elliott-said-to-build-1-billion-anglo-american-stake

Paid articlePaid

Quick Glance: BHP Proposes Acquisition to Anglo American

Anglo American receives BHP buyout proposal, reshaping the copper market.

The proposal involves BHP acquiring Anglo shares, sparking industry transactions.

Anglo reviews proposals after profit decline, plans demergers to reduce South Africa exposure.

The potential deal could make BHP the world's largest copper producer with market impacts.

5

Apr 24

China 2024 Growth Outlook Raised to 4.8%, Deflation Risk Lingers: Analysts upgraded their forecast for China’s growth this year after a better-than-expected ...

bloomberg.com/news/articles/2024-04-24/china-2024-growth-outlook-raised-to-4-8-deflation-risk-lingers

13

Apr 22

China 'Lower-Tier Cities' Are Attracting More People -- And More Chain Brands

bloomberg.com/news/articles/2024-04-22/china-s-small-towns-boom-as-megacities-lose-appeal-with-brands

18

Apr 24

China Says US’s $8 Billion Taiwan Aid Bill Sends ‘Wrong Signal’: China called on the US to rein in support for Taiwan, after a bill providing some $8 billion in ...

bloomberg.com/news/articles/2024-04-24/china-repeats-criticism-of-us-taiwan-aid-as-bill-passes-senate

8

5h

Commercial Real Estate Debt Is Back With 170% Jump in Sales: Commercial real estate was one of the scariest assets in the US last year. This year ...

bloomberg.com/news/articles/2024-04-26/commercial-real-estate-debt-is-back-with-170-jump-in-sales

11

Apr 22

Russian Oil Refining Hampered by Floods as Drone Damage Persists: Russian oil refining is near an 11-month low as flooding hampers operations and repairs to ...

bloomberg.com/news/articles/2024-04-22/russian-oil-refining-hampered-by-floods-as-drone-damage-persists

15

Apr 25

G42 Allies With US Over China in Global AI Conflict: Abu Dhabi-based G42 found it could no longer play for both teams.

bloomberg.com/news/articles/2024-04-25/g42-allies-with-us-over-china-in-global-ai-conflict

5

10h

Russia Holds Rates With Little Inflation Relief in Sight: Russia kept interest rates unchanged on Friday, as inflation risks from a persistently tight labor ...

bloomberg.com/news/articles/2024-04-26/russia-extends-rate-pause-with-little-inflation-relief-in-sight

0 similar articles

4

Bloomberg

B

Apr 25

Peso Fall Won’t Spur Philippine Rate Hike Yet, Finance Head Says: The Philippine peso’s current slump is unlikely to prompt the central bank to raise its key ...

bloomberg.com/news/articles/2024-04-25/peso-fall-won-t-spur-philippine-rate-hike-yet-finance-head-says

7

3h

BINC's Interest-Rate Exposure; WZRD and CHAI to Shut Down: WZRD and CHAI announce fund closures

bloomberg.com/news/newsletters/2024-04-26/binc-s-interest-rate-exposure-wzrd-and-chai-to-shut-down

8

Apr 24

Biden Trails Trump in 6 of 7 Key States, Poll Shows: Election 2024: The president is trailing Donald Trump in six of seven swing states as a majority of poll ...

bloomberg.com/news/articles/2024-04-24/biden-trails-trump-in-6-of-7-key-states-poll-shows-election-2024

5

22h

China Overseas Investment Is at Eight-Year High as Firms Build Factories Abroad: China’s overseas investment is heading for an eight-year high as its dominant ...

bloomberg.com/news/articles/2024-04-25/china-firms-are-investing-abroad-at-fastest-pace-in-eight-years

9

22h

Pantera Capital Seeks to Raise $1 Billion for a New Crypto Fund: Pantera Capital, one of the largest managers of digital assets, is seeking to raise more than $1 ...

bloomberg.com/news/articles/2024-04-25/pantera-capital-seeks-to-raise-1-billion-for-a-new-crypto-fund

9

Apr 22

Apple Named a Top Pick for 2024 at BofA Ahead of Key Earnings: Apple Inc. was named a top pick for 2024 at Bank of America on optimism over the iPhone maker’s ...

bloomberg.com/news/articles/2024-04-22/apple-named-a-top-pick-for-2024-at-bofa-ahead-of-key-earnings

14

Apr 22

Russians Transform Dubai as They Flee Putin’s War: Photo Essay: Take a look at their culture at cafes, festivals and even a sailing school.

bloomberg.com/news/articles/2024-04-22/russians-transform-dubai-as-they-flee-putin-s-war-photo-essay

10

Apr 24

Russia Pushes Its Largest Private Bank to Redomicile at Home: Russia began moves to compel the country’s largest private bank to redomicile by seeking to suspend ...

bloomberg.com/news/articles/2024-04-24/russia-pushes-its-largest-private-bank-to-redomicile-at-home

7

Apr 25

UBS Analyst Who Cut Evergrande Turns Bullish on Chinese Property Market: When it comes to Chinese real estate, John Lam is a lone wolf.

bloomberg.com/news/articles/2024-04-25/ubs-analyst-who-cut-evergrande-turns-bullish-on-property

8

Apr 24

China Credit Yields Drop to Record Low on Bond Bull Run: China’s local credit yields have fallen to the lowest level ever as investors load up on corporate bonds ...

bloomberg.com/news/articles/2024-04-24/china-s-credit-yields-drop-to-record-lows-on-bond-bull-run

5

Apr 24

Intervention Risk Is Rising Going Into BOJ Meeting, BofA Says

bloomberg.com/news/articles/2024-04-24/intervention-risk-is-rising-going-into-boj-meeting-bofa-says

5

Apr 22

Chinese Banks Hold Lending Rates With Yuan Under Pressure: Banks in China maintained their benchmark lending rates on Monday, following the Chinese central ...

bloomberg.com/news/articles/2024-04-22/chinese-banks-hold-lending-rates-with-yuan-under-pressure

8

Apr 24

China’s Distressed Pig Farmers Eye Turnaround as Herd Shrinks: Chinese farmers are keeping the fewest pigs for breeding since 2020, offering hopes that the ...

bloomberg.com/news/articles/2024-04-24/china-s-distressed-pig-farmers-eye-turnaround-as-herd-shrinks

4

Apr 14

Metal Traders Get Ready for Fireworks After LME Russia Ban: Metal traders are bracing for dramatic moves after the London Metal Exchange responded to new US and ...

bloomberg.com/news/articles/2024-04-14/metal-traders-get-ready-for-fireworks-after-lme-russia-ban

72

Apr 23

Russia Forecasts Lower Price for Its Gas to China Versus Europe: Russia’s focus on boosting natural gas exports to China is proving less lucrative for the nation ...

bloomberg.com/news/articles/2024-04-23/russia-forecasts-lower-price-for-its-gas-to-china-versus-europe

5

Apr 19

Mexico Elections: What Is AMLO's Legacy as Successor Looms: Understanding the stakes in the upcoming vote.

bloomberg.com/news/articles/2024-04-19/mexico-elections-what-is-amlo-s-legacy-as-successor-looms

8

Apr 24

Tax on Rich to Save Social Security Popular With Swing-State Voters: Poll: Voters support billionaires tax, trimming benefits for wealthy

bloomberg.com/news/articles/2024-04-24/tax-on-rich-to-save-social-security-popular-with-swing-state-voters-poll

3

1h

Apollo, KKR and Stonepeak may fund Intel's Ireland facility, Bloomberg reports: Apollo Global Management , KKR & Co and Stonepeak may invest billions of dollars ...

reuters.com/technology/apollo-kkr-stonepeak-invest-jv-fund-intels-ireland-facility-bloomberg-reports-2024-04-26/

12

Apr 24

Five Things You Need to Know to Start Your Day: Asia: Good morning. Tech stocks are roaring back. Tesla wants to hurry up and build cheaper models ...

bloomberg.com/news/newsletters/2024-04-23/five-things-you-need-to-know-to-start-your-day-asia

4

Apr 16

China Industry Has Lowest Capacity Utilization Since Covid Hit: China’s factories used less of their potential in the first quarter than at any time since the ...

bloomberg.com/news/articles/2024-04-16/china-industry-has-lowest-capacity-utilization-since-covid-hit

27

Apr 24

Chevron-Exxon Faceoff Hinges on Growth Ambitions: Darren Woods’ oil titan has opened up a market-value lead of $178 billion, and it’s all down to low-cost ...

bloomberg.com/news/newsletters/2024-04-24/chevron-exxon-faceoff-hinges-on-growth-ambitions

5

Apr 22

Saudi Crown Prince MBS’s Desert Dream (Neom), Dubai Floods, Iran-Israel Tensions: Over the next few days, private jets will ferry financiers to the site of Crown ...

bloomberg.com/news/newsletters/2024-04-22/saudi-crown-prince-mbs-s-desert-dream-neom-dubai-floods-iran-israel-tensions

5

Apr 24

China Copper Gauge at Zero Offers Stark Warning to Metals Bulls: A key measure of Chinese copper demand just sank to zero, another sign that global prices are ...

bloomberg.com/news/articles/2024-04-24/copper-bounces-back-as-traders-await-more-us-data-for-fed-clues

6

Apr 22

Perceived Job Security in Canada Falls to Lowest Since Covid: Canadians are starting to question whether their jobs are still safe.

bloomberg.com/news/articles/2024-04-22/canadians-perceived-job-security-falls-to-lowest-since-pandemic

5

Apr 25

US Aid to Israel Support Drops as Outrage Over War, Gaza Grows: Support among swing-state voters for US aid to Israel has plunged in the months since the country ...

bloomberg.com/news/articles/2024-04-25/us-aid-to-israel-support-drops-as-outrage-over-war-gaza-grows

2

Apr 24

FDIC is approaching potential buyers of Republic First, Bloomberg News reports

27

Apr 19

BofA Strategists Say Rates Jitters Are Fueling Stock Outflows: Investors are pulling money out of equities as a strong US economy and sticky inflation fuel ...

13

Apr 16

China Tells Iran Cooperation Will Last After Attack on Israel - Bloomberg: China’s top diplomat told Iran that the nations can work together across a range of ...

bloomberg.com/news/articles/2024-04-16/china-tells-iran-cooperation-will-last-after-attack-on-israel

17

Apr 24

Bank of America’s Top India Trader Says Swap Market Too Hawkish: Indian rates traders have pushed back expectations for an interest-rate cut way too far and that ...

bloomberg.com/news/articles/2024-04-24/bank-of-america-s-top-india-trader-says-swap-market-too-hawkish

Paid articlePaid

0 similar articles

5

1 1

SeekingAlpha Apr 24

North America Construction Outlook: Politics And Policy Rates Test The Sector's Resilience

think.ing.com/articles/north-america-construction-outlook-resilience-tested-by-politics-policy-rates/

2

Apr 24

Bank of America’s hidden losses: Surging rates are drawing renewed attention to banks’ balance sheets.

axios.com/2024/04/24/bank-of-america-interest-rate-losses

80

Apr 22

Elon Musk wanted to lay off 20% of Tesla's workforce, report says: The layoffs may have also affected more people than previously believed — more than 20,000

qz.com/tesla-layoffs-elon-musk-slow-sales-growth-q1-earnings-1851426414

0

Apr 24

China's Country Garden extends bonds to avoid first local default, Bloomberg News reports

reuters.com/markets/rates-bonds/chinas-country-garden-extends-bonds-avoid-first-local-default-bloomberg-news-2024-04-24/

16

Apr 24

Bank of America shareholders reject proposal to split CEO, chair roles: Bank of America shareholders rejected a proposal to divide the CEO and chairman roles ...

reuters.com/business/finance/bank-america-shareholders-reject-proposal-split-ceo-chair-roles-2024-04-24/

14

Apr 18

Banxico’s Espinosa Says It’s Too Soon for a Long Easing Cycle: Mexico central bank Deputy Governor Irene Espinosa on Wednesday said it’s too soon to talk about a ...

bloomberg.com/news/articles/2024-04-17/banxico-s-espinosa-says-it-s-too-soon-for-a-long-easing-cycle

13

Apr 19

Rate Chokehold on World Economy Is Set to Loosen Only Slowly: The high tide for global interest rates has passed, but respite for the world economy may be ...

bloomberg.com/news/articles/2024-04-14/rate-chokehold-on-world-economy-is-set-to-loosen-only-slowly

5

Apr 22

Tractor Maker CNH (CNHI) Shares Fall After Surprising CEO Change: CNH Industrial NV’s shares fell by the most since November after Bank of America downgraded the ...

bloomberg.com/news/articles/2024-04-22/shares-of-tractor-maker-cnh-fall-after-surprising-ceo-change

5

8h

The cost of buying a home has hit an all-time high: It is more expensive than ever to buy a home in the U.S., according to a new report from the real estate ...

thehill.com/business/4620542-the-costs-of-buying-a-home-has-hit-an-all-time-high-report/

113

Apr 23

Russia’s Seaborne Oil Exports are Near a 10-Month High: Flooding and drone strikes on refineries likely help to keep flows elevated

bloomberg.com/news/articles/2024-04-23/russia-s-seaborne-oil-exports-are-near-a-10-month-high

2

Apr 15

China to Stop Displaying Real-Time Data for Foreign Flows Into Stocks: China will soon cease displaying real-time data for flows into the world’s second-largest ...

bloomberg.com/news/articles/2024-04-15/china-to-end-live-feed-on-gauge-of-foreign-flows-into-stocks

15

Apr 20

Canadian Real Estate: Optimism Surges With Rate Cuts in Sight, Poll Shows: Canadians are growing bullish on housing again.

bloomberg.com/news/articles/2024-04-15/real-estate-optimism-is-surging-with-bank-of-canada-mulling-rate-cuts

5

Apr 23

Goldman and BofA face renewed calls to split CEO, chairman's roles

22

Apr 18

Copper Market Grapples With a Crucial Question: Not everyone is convinced that this is the beginning of a long-awaited bull market.

bloomberg.com/news/newsletters/2024-04-18/copper-market-grapples-with-a-crucial-question

14

Apr 19

China Plays Long Diplomatic Game in Iran-Israel Feud as Middle East Simmers: Hi, I'm Ben Holland in Hong Kong, where my 15 years of experience covering the ...

bloomberg.com/news/newsletters/2024-04-19/china-plays-long-diplomatic-game-in-iran-israel-feud-as-middle-east-simmers

9

Apr 16

Chinese Economy’s Strong Start to 2024 Is Already Fading: China announced faster-than-expected economic growth in the first quarter – along with some numbers ...

bloomberg.com/news/articles/2024-04-16/china-reports-surprisingly-strong-growth-driven-by-industry

11

Apr 22

Offshore Drilling Expands as US Shale Gets Left Behind: International markets are in the midst of a multiyear expansion in capital spending.

bloomberg.com/news/newsletters/2024-04-22/offshore-drilling-expands-as-us-shale-gets-left-behind

3

Apr 23

Citigroup, Wall Street’s biggest loser, is at last on the up: Jane Fraser’s unexpected success

economist.com/finance-and-economics/2024/04/18/citigroup-wall-streets-biggest-loser-is-at-last-on-the-up

50

Apr 23

20 bank holding companies with the largest business loan portfolios : The top five bank holding companies have combined business loan portfolios of more than $2 ...

americanbanker.com/list/20-bank-holding-companies-with-the-largest-business-loan-portfolios

0 similar articles

3

1

Insider (news website)

B-

Apr 24

Tesla stock price outlook: BofA sees 35% upside after Q1 earnings miss: "The tide in news flow appears to suggest the risk to the stock is skewing more ...

markets.businessinsider.com/news/stocks/tesla-stock-price-outlook-bofa-upgrade-buy-q1-earnings-robotaxi-2024-4

105

Apr 23

China’s Surging Steel Exports Are Inflaming Global Trade Tension: China’s biggest wave of steel exports since a global glut in the mid-2010s is inflaming trade ...

bloomberg.com/news/articles/2024-04-23/china-s-surging-steel-exports-are-inflaming-global-trade-tension

2

Apr 17

“Close your eyes and sell”: Bank of America sees clear correction signal in stocks

boerse-online.de/nachrichten/aktien/augen-zu-und-verkaufen-bank-of-america-sieht-eindeutiges-korrektursignal-bei-aktien-20355405.html

32

8

Bloomberg

B

Apr 19

China AI Gold Rush Sees Retail Traders Hunting for Obscure Winners: Hunt is on for potential homegrown winners – however obscure – as China builds out an ...

bloomberg.com/news/articles/2024-04-19/china-ai-gold-rush-sees-retail-traders-hunting-for-obscure-winners

12

Apr 16

China Loosens Grip on Yuan by Weakening Fix Amid Dollar Strength: China unexpectedly weakened its yuan defense as pressure from a resurgent dollar and poor ...

bloomberg.com/news/articles/2024-04-16/china-loosens-grip-on-yuan-by-weakening-fixing-as-dollar-gains

8

Apr 19

Bank of America Boycott Calls Grow After MAGA Accounts Closed: Trump lawyer John Eastman claims he was "de-banked" for helping the former president try to ...

newsweek.com/bank-america-boycott-maga-john-eastman-1892134

127

Apr 16

Bank of America Losses on Bond Portfolio Hit $109 Billion in First Quarter as Rates Rose

barrons.com/articles/bank-of-america-bond-losses-ce69bf86

9

Apr 14

Vanke Says It’s Making Plans to Resolve Liquidity Pressure: China Vanke Co. said it’s making plans to resolve liquidity pressure and short-term operational ...

bloomberg.com/news/articles/2024-04-14/vanke-says-it-faces-near-term-liquidity-operational-pressure

9

Apr 20

Asia’s central bankers struggle to contain strong US dollar: Shifting US interest rate expectations put pressure on Japan’s yen and China’s renminbi

ft.com/content/ad6c7827-a476-412d-899f-a1a12845b6e5

61

Apr 22

How JPMorgan’s Cash Call Beat Bank of America: Jamie Dimon’s bank kept much of the pandemic-era gusher of cash in money markets or at the Fed ...

bloomberg.com/opinion/articles/2024-04-22/how-jpmorgan-s-cash-call-beat-bank-of-america

Paid articlePaid

1 similar article

4

0

Insider (news website)

B-

Apr 23

Meta earnings preview: What Wall Street expects from Facebook parent: Wall Street is upbeat heading into Meta Platforms' first-quarter earnings ...

markets.businessinsider.com/news/stocks/meta-earnings-preview-1q-stock-price-outlook-ai-instagram-reels-2024-4

Quick Glance: Meta Quarterly Results: Revenue Expectations Lowered, Stock Fell

Meta's quarterly results exceeded expectations, but the revenue forecast for the next quarter was lowered.

Despite successful ad business and increasing user numbers, Meta's stock experienced a drop of over 10 percent.

Analysts caution about Meta's reduced revenue expectations for the second quarter, leading to investor skepticism.

Zuckerberg plans to significantly increase investments in AI models in the coming years to enhance Meta's leading position in the artificial intelligence domain.

46

Apr 22

Geopolitical tensions are US credit investors' top concern, BofA survey says: Geopolitical risk topped the list of concerns among U.S. corporate credit investors ...

reuters.com/markets/us/geopolitical-tensions-are-us-credit-investors-top-concern-bofa-survey-says-2024-04-22/

19

Apr 12

China Says Wang Yi Condemned Iran Embassy Attack in Blinken Call: China said its top diplomat used a call with Secretary of State Antony Blinken to condemn an ...

bloomberg.com/news/articles/2024-04-12/china-says-wang-yi-condemned-iran-embassy-attack-in-blinken-call

14

Apr 18

China’s Youth Unemployment Level Remains Steady in March: China reported a steady rate of youth unemployment in March after an official warned that joblessness ...

bloomberg.com/news/articles/2024-04-18/china-s-youth-unemployment-level-remains-steady-in-march

3

Apr 11

China Consumer Price Gains Fade With Industry Stuck in Deflation: China’s consumer prices barely increased from a year earlier last month and industrial prices ...

bloomberg.com/news/articles/2024-04-11/china-consumer-price-gains-fade-with-industry-stuck-in-deflation

22

Apr 18

Biden counters RFK Jr. with Kennedy family endorsements: President Joe Biden will be endorsed by more than a dozen members of the Kennedy family at an event ...

courant.com/2024/04/18/biden-counters-rfk-jr-with-kennedy-family-endorsements/

9

Apr 14

German Firms in China Cite Unfair Competition: Two-thirds of German companies operating in China say they face unfair competition in the market ...

bloomberg.com/news/articles/2024-04-10/german-firms-in-china-see-unfair-competition-from-local-rivals

12

Apr 17

Million-Dollar Jobs for Star Analysts at Risk in China Research Pullback: Brokerage analysts in China are confronting a harsh new reality.

bloomberg.com/news/articles/2024-04-17/million-dollar-analyst-jobs-at-risk-in-china-research-pullback

0 similar articles

2

1

Insider (news website)

B-

Apr 22

Apple stock price prediction: 36% upside ahead of AI-enabled iPhone 16: Bank of America said Apple could announce a 5% dividend increase and $90 billion share ...

markets.businessinsider.com/news/stocks/apple-stock-price-prediction-upside-ahead-ai-enabled-iphone-16-2024-4

83

Apr 16

China Home Prices Fall as Slump Shows Few Signs of Abating: China’s home prices continued to fall in March, adding pressure on authorities to step up efforts to ...

bloomberg.com/news/articles/2024-04-16/china-home-prices-fall-as-slump-shows-few-signs-of-abating