Bank of America, Morgan Stanley Report Strong Q1 Earnings
Major US banks, including Bank of America and Morgan Stanley, have reported robust first-quarter earnings. Bank of America, in particular, posted one of its best quarters in nearly two decades, contributing to market optimism.
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S&P 500, Nasdaq advance on earnings and Middle East optimism - Reuters
S&P 500, Nasdaq advance on earnings and Middle East optimism Reuters
Read full article →BofA Discloses $20 Billion of Loans to Private-Credit Firms - Bloomberg.com
BofA Discloses $20 Billion of Loans to Private-Credit Firms Bloomberg.com
Read full article →Morgan Stanley profits jump 30%
Results cap US bank earnings season marked by gains from Wall Street trading arms
Read full article →Morgan Stanley beats Wall Street earnings forecasts — by a long way
The banking giant posted earnings per share of $3.43, compared to forecasts of $3.02.
By Nora Redmond
Read full article →Plumas Bancorp GAAP EPS of $1.38 beats by $0.06, revenue of $28.13M beats by $0.29M
Read full article →BofA Sees Customer Gas Spending Jump 16%, But Discretionary Spending Holds Up
BofA Sees Customer Gas Spending Jump 16%, But Discretionary Spending Holds Up The national average for 87-octane gasoline has remained above the politically sensitive $4-a-gallon level for two straight weeks after the largest monthly jump in AAA data going back two decades. The fuel shock has Wall Street analysts focused on whether surging pump prices will begin crowding out discretionary spending. Bank of America CFO Alastair Borthwick told analysts on a conference call earlier...
By Tyler Durden
Read full article →BofA Discloses $20 Billion of Loans to Private-Credit Firms
Bank of America Corp. disclosed it has about $20 billion in private-credit exposure, as the bank and its Wall Street peers seek to calm concerns about the industry’s exposure to the asset class.
By Katherine Doherty
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