Straits Times Index
3,338.94 -9.93 (-0.30%) S&P 500
5,261.65 -21.75 (-0.41%) Dow
38,510.04 -60.99 (-0.16%) Nasdaq
16,763.17 -65.50 (-0.39%) Bitcoin USD
70,900.11 +1,577.76 (+2.28%) CMC Crypto 200
1,471.57 +24.42 (+1.69%)
BAC Aug 2024 29.000 call
- Zacks
Are Finance Stocks Lagging Assured Guaranty (AGO) This Year?
Here is how Assured Guaranty (AGO) and Bank of America (BAC) have performed compared to their sector so far this year.
- Zacks
Bank of America (BAC) Stock Dips While Market Gains: Key Facts
Bank of America (BAC) closed the most recent trading day at $39.88, moving -0.28% from the previous trading session.
- Reuters
Bank of America CEO expects 10% to 15% jump in investment banking fees in Q2
Bank of America's investment banking fees are expected to rise 10% to 15% in the second quarter from a year earlier, CEO Brian Moynihan said on Thursday, after an almost two-year industry slump due to market volatility, rising interest rates and geopolitical turmoil. Goldman Sachs President John Waldron also said on Thursday that equity capital markets are recovering, but at a slower clip than debt markets. Wall Street bosses have said they are finally seeing signs of a broader pickup in investment banking as equities trade near record highs, while corporate clients adjust to high interest rates for a longer period.
