Advertisement
Singapore markets closed
  • Straits Times Index

    3,280.10
    -7.65 (-0.23%)
     
  • Nikkei

    37,934.76
    +306.28 (+0.81%)
     
  • Hang Seng

    17,651.15
    +366.61 (+2.12%)
     
  • FTSE 100

    8,109.85
    +30.99 (+0.38%)
     
  • Bitcoin USD

    64,390.24
    +910.68 (+1.43%)
     
  • CMC Crypto 200

    1,390.47
    -6.07 (-0.43%)
     
  • S&P 500

    5,048.42
    -23.21 (-0.46%)
     
  • Dow

    38,085.80
    -375.12 (-0.98%)
     
  • Nasdaq

    15,611.76
    -100.99 (-0.64%)
     
  • Gold

    2,357.90
    +15.40 (+0.66%)
     
  • Crude Oil

    83.85
    +0.28 (+0.34%)
     
  • 10-Yr Bond

    4.7060
    +0.0540 (+1.16%)
     
  • FTSE Bursa Malaysia

    1,575.16
    +5.91 (+0.38%)
     
  • Jakarta Composite Index

    7,036.08
    -119.22 (-1.67%)
     
  • PSE Index

    6,628.75
    +53.87 (+0.82%)
     

Can Bank of America Outperform Its Peers in 2018?

Can Bank of America Outperform Its Peers in 2018?

Bank of America (BAC) has commanded high growth in 2018 compared to its peers (XLF). This growth was aided by credit growth, trading activity, investment banking, and wealth management spread. JPMorgan Chase (JPM) has also reported strong credit growth in recent years due to a strong brand presence and retail growth. Citigroup (C) has also improved its performance by focusing on core banking offerings and disposing of legacy assets.