Bank of America

BANK OF AMERICA: One area of the stock market could double in the next 2 years

Bank of America Merrill Lynch thinks that the hottest area of the global stock market has much higher to climb.<p>Perhaps surprisingly, it's not the S&P 500, even though the benchmark US index has shown some serious strength, climbing 12% this year.<p>The bank's analysts are talking about Asian emerging …

Business

5 Boring Stocks That Could Make You Rich Over the Long Run -- The Motley Fool

These dull stocks should have a bright future.<p>Boring has gotten a bad rap. That's the case in investing, at least. Sometimes, it's the exciting …

Stocks

Bank of America launches Premium Rewards card

<i>This story was delivered to BI Intelligence "Payments Briefing" subscribers. To learn more and subscribe, please click here.</i><p>Bank of America (BofA) launched its Premium Rewards credit card, offering customers unlimited tiered rewards and indicating the bank’s continued efforts to build out its …

Banking

How this former janitor went from cleaning floors to a tech exec at companies like Microsoft and Bank of America

Gail Evans is an accomplished technology executive, with a LinkedIn profile full of leadership positions at Bank of America, Hewlett-Packard and …

CIOs

Bank stocks are rising after the Fed announces it will unwind its balance sheet (BAC, GS, C, JPM, KEY, WFC, BBT)

Most of the major bank stocks are rising in the wake of the Federal Reserve's Wednesday announcements.<p>The Fed announced that it would start unwinding its $4.5 trillion balance sheet in October. It will do this by slowly letting bonds roll off its balance sheet by not reinvesting them as they …

Economy

The Best Debit Card for International Travel

Getting the right card can save you a lot of money.<p>For all the joy that comes from traveling, the lead-up can gnaw away at your excitement. Few aspects of planning cause as much stress as money. Even after you've booked your tickets and hotel, you'll still need cash, and banks love to charge you …

Banking

Virginia Democrat Slams Republican Opponent For Assisting Job-Killing Companies

Democrat Ralph Northam is trying to brand Republican Ed Gillespie a "Washington, D.C., corporate lobbyist."<p>In Virginia’s contentious gubernatorial race, Democrat Ralph Northam has identified what he sees as a new vulnerability in Republican Ed Gillespie’s political consulting work: His clients …

Ralph Northam

Bank of America Merrill Lynch reshuffles European leadership

Bank of America Merrill Lynch has reshuffled the leadership of its European investment banking operation by promoting Jim O’Neil to become co-head of …

Banking

Bharti Airtel, Idea shares slump 6-7% after Trai slashes IUC

In 2017 so far, Bharti Airtel has gained 29.26%, while Idea Cellular has climbed 12.24%. Photo: Mint<p><b>Mumbai:</b> Shares of telecom companies Bharti Airtel …

Business (India)

Fed Meets and Ponders Dots

Bank of America Merrill Lynch Head of U.S. Short Rates Strategy Mark Cabana weighs in on Fed policy. He speaks on "Bloomberg Daybreak: Asia." …

Business

How Race Determines Restaurant Choice in New York

It turns out New Yorkers’ restaurant choices hinge on more than five-star online reviews.<p>Racial groups make divided consumption choices, based on an …

Business

Bank of America continues to shift from physical to digital

<i>This story was delivered to BI Intelligence "Payments Briefing" subscribers. To learn more and subscribe, please click here.</i><p>Since 2009, Bank of America (BofA) has closed 1,597 branches in 253 counties across the US, selling the spaces to local banks in some areas and directing customers to further …

Banking

Where Are The Moon Shots?

I’m skeptical on energy and commodity plays in steel, aluminum and copper. Gold is a no-no unless you find geopolitical risk unacceptable. Despite heady evaluation, I’m sticking with major Internet and e-commerce plays like Facebook and Alibaba.<p>As for General Motors and AT&T, I’m mano a mano with …

Stocks

Can you earn 4.59% back on everyday spend with the new BOA Premium Rewards card?

As we reported earlier today, Bank of America launched a new card this morning: the Bank of America Premium Rewards card. Greg even wrote a Bank of …

Personal Finance

The Two Who Stole The Moon

"Three things cannot be long hidden: the sun, the moon, and the truth." - Buddha<p>Watching with interest the continuation of the beta trade in …

Economy

What investors need to know about Brexit, according to BAML

Bank's analysts outline nine things for investors to note, including the impact on M&A and FTSE 100<p>Despite all the noise around Brexit, company …

Business

Bank of America: $12.6B in Environmental Investments Created 40,000 Jobs

It may seem odd that a bank is saying environmental stewardship does not come at the expense of jobs, yet Bank of America is making that exact …

Sustainable Business

Bank of America Premium Rewards Card FAQ and Link for 50,000 Bonus Points

<b>Official Application Link: Bank of America Premium Rewards Credit Card</b>Earlier this week I reviewed the brand-new Bank of America Premium Rewards …

Personal Finance

Merrill+ application may still be available by phone

We had recently reported that upon launch of the new Bank of America Premium Rewards card, the Merrill+ card would cease to be available. However, …

Credit Report

NVIDIA’s AI Prospects Make BoA Even More Bullish | Investopedia

NVIDIA Corp. (NVDA) shares were surging in trading Monday, hitting a fresh all-time high, after Bank of America Merrill Lynch upped its price target …

Markets

Bank Of America - When Traders Go OOPS

Bears could not be happier, bond yields and regional banks broke down.<p>However, the move was fake and Bank of America massively outperformed …

Economy

Is The New Bank of America Premium Rewards Card Worth It?

It’s now possible to apply for the <b>Bank of America Premium Rewards Credit Card</b>. While the card has “premium” in the name, it’s not actually intended …

Airlines

Here's a Major Benefit of Bank of America's Low Valuation -- The Motley Fool

It allows the bank to buy back stock at a cheaper price.<p>One of the biggest advantages <b>Bank of America</b> (NYSE:BAC) has right now is that its stock …

Stocks

How the 6 Biggest Credit Card Issuing Banks are Carving Up the Market

The top 6 credit card issuers handle 61% of credit card purchase volume.Chase is the market leader by a wide margin. American Express and Citibank …

American Express

FAA deregulation panel’s recommendations prompt worries from safety advocates

A federal advisory committee’s sweeping deregulation proposals are roiling the world of airplane safety.<p>As part of President Donald Trump’s governmentwide drive targeting what he and aides call outdated or unnecessary restrictions, the panel of industry and labor representatives has delivered a …

FAA

Sanofi (SNY) Presents At Bank of America Merrill Lynch 2017 Global Healthcare Conference - Slideshow

The following slide deck was published by Sanofi in conjunction with this event.<p>112<p>Click to enlarge

Business

Don't Dump Corporate Bonds. Yet.

There’s no question that the corporate bond market is rich but maybe it's too early to sell.<p>If that sounds familiar, it should. It’s the same conundrum that stock investors have grappled with for years as ultra-low interest rates provide few alternatives outside of riskier assets.<p>Recently, though, …

Economy

UBS: 'Headwinds could persist' for Wells Fargo after the fake account scandal killed its stock last year

REUTERS/Noah Berger<p>Wells Fargo's troubles keep getting worse.<p>So far, the bank has agreed to pay a $190 million settlement, return $2.8 million to at least 1.4 million additional customers, and lost its CEO.<p>Despite the cooperation with regulators and reparations payments, Swiss bank UBS says its …

Business

Near Decatur Square, developer seeks rezoning for mixed-use project

Parking lot and bank could make way for offices, retail, apartments, and a large parking deck<p>While pockets of downtown Decatur have been transformed by new apartment developments in the past few years, there’s still a ways to go for the urbanizing ITP city to shed its vestiges of suburban-style …

Architecture

How Bank of America Ditched 1,597 Branches Across the U.S.

The bank that once proclaimed “bigger is indeed better” is now downsizing, especially in rural America<p>Bank of America Corp. pulled all of its branches out of Indiana four years ago when it sold off a group of antiquated storefronts in Rust Belt towns. Later this year, the lender is returning but …

Banking