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(Reuters) - Bank of America Corp (NYSE:BAC) is redeploying employees in wealth management and lending to other roles within the company, a source familiar with the matter said on Friday, as higher...
By Saeed Azhar and Matt Tracy NEW YORK (Reuters) - Small U.S. lenders that have outsized exposure to office loans could become the next group to face strains after bank failures roiled financial...
BitMEX co-founder Arthur Hayes has predicted that Bitcoin will reach $1 million.The crypto veteran believes that the Treasury Department’s...
By Medha Singh and Joice Alves (Reuters) - Shares of First Republic Bank (NYSE:FRC) tumbled nearly 33% on Friday, leaving them down more than 80% in the past 10 sessions, despite a rescue package...
(Reuters) - FedEx Corp (NYSE:FDX)'s shares rose as much as 11% in early trade on Friday, after aggressive cost cuts helped the freight bellwether lift its profit forecast despite falling e-commerce...
By Peter Nurse Investing.com -- U.S. stocks are seen opening in a mixed fashion Friday, consolidating following the previous session’s relief rally after a group of large lenders joined forces...
By Senad Karaahmetovic JPMorgan analysts reiterated an Overweight rating and the Top Pick designation on the embattled First Republic Bank (NYSE:FRC). The analysts are growing increasingly more...
A look at the day ahead in U.S. and global markets from Mike Dolan Markets are struggling with whether to be relieved by the sheer scale of Thursday's U.S. bank rescue or be terrified by it. Slightly...
By Scott Kanowsky and Liz Moyer Investing.com -- JPMorgan Chase & Co (NYSE:JPM) and Bank of America Corp (NYSE:BAC) lead a group of big banks injecting a dose of confidence in First Republic Bank...
WASHINGTON (Reuters) - Federal regulators and the Treasury Department on Thursday welcomed a decision by 11 larger banks to deposit $30 billion into regional bank First Republic Bank (NYSE:FRC) and...
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