BAC

Discussion in 'Stocks' started by dealmaker, Jun 29, 2017.

  1. dealmaker

    dealmaker

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    dealmaker

    BAC is a SIFI has retail account prowess and ML...
     
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    dealmaker

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    dealmaker

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    dealmaker

    [​IMG]
    BofA's loan growth drives better-than-expected profit
    [​IMG]
    Bank of America Corp.’s quarterly profit topped analyst estimates as a growing loan book helped it ride out year-end market turbulence. Under CEO Brian Moynihan, the Charlotte-based bank has slashed costs while tightening risk controls, boosting overall profitability while weighing on some businesses like investment banking. (Reuters)
     
  6. dealmaker

    dealmaker

  7. dealmaker

    dealmaker

    RenTech Has Been Pulling Money Out of Deutsche Bank for Months (Bloomberg)
    Renaissance Technologies, the hedge fund giant that Deutsche Bank AG has counted as one of its largest clients, has been taking money out of its prime brokerage accounts with the German lender over the past few months, according to people familiar with the move. While Renaissance, the secretive firm known for its unrivaled Medallion Fund, remains a major client of Deutsche Bank, it has been moving business to Barclays Plc and Bank of America Corp., among others, according to the people, who asked not to be identified because the information isn’t public.
     
  8. dealmaker

    dealmaker