Will Bank of America Ever Break From its Stagnancy?
From June 2016 to March 2017, Bank of America (NYSE:$BAC) stock more than doubled, from $12 to $25. In the six months since, the stock has ping-ponged between $22 and $24, not a cent more. …
How Betting Against Bank of America Right Now Could Triple Your Investments
Despite finishing on a strong note last year, Bank of America Corp (NYSE:$BAC) has little to show for all its efforts.
Yes, BAC stock is up 12.5% year to date — but the …
Amazon Executive Poached by JPMorgan Chase to Spearhead Customer Service Experience
Marbue Brown will be moving from Amazon (NASDAQ:$AMZN) to JPMorgan Chase (NYSE:$JPM) to lead the latter’s attempts to improve the company’s customer service experience. The former Amazon executive’s move also illustrates Chase’s interest in improving …
Bank of America Hopes for Higher Interest Rates, New 10-Q Report
In anticipation of the Federal Reserve meeting next week to decide whether to raise interest rates, it’s time to take a look at Bank of America’s (NYSE:$BAC) latest interest rate sensitivity analysis.
BoA …
JPMorgan Chase to Follow Brick-and-Mortar, Online Retail Joint Venture Trend
Investment bankers at JPMorgan Chase & Co (NASDAQ:$JPM) are raising intrigue across the market. Why? While merger and acquisition deal makers make their livings advising companies on mergers, sales, and spinoffs, JPM is working on …
Wells Fargo: A Detailed Analysis for Dividend Investors
Beginning 12 months ago, when regulators revealed a massive multi-year sales scandal that had taken place at the bank, Wells Fargo (NYSE:$WFC) has had a rough year. But do not be fooled; the California-based bank …
Warren Buffett is Now the Largest Shareholder of Two Massive American Banks
Ironically, the MVP of the banking industry is not a banker—Warren Buffett, chairman and CEO of Berkshire Hathaway (NYSE:$BRK-A) is now the largest shareholder in Wells Fargo (NYSE:$WFC) and Bank of America (NYSE:$BOA).
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Wells Fargo Scandal Continues: Over a Million Fake Accounts Uncovered
On Thursday, August 30th, Wells Fargo & Co. (NYSE:$WFC) surpassed over a million accounts that were opened without customers’ knowledge.
This morning, Wells Fargo reported their findings after hiring a third party to …
Bank of America’s Newest Top Shareholder: Berkshire Hathaway
On August 29th 2017, Warren Buffett’s Berkshire Hathaway Inc. (NYSE:$BRK.A) officially became Bank of America Corp (NYSE:$BAC) ’s largest shareholder by exercising its right to acquire 700 million shares at a mass discount. This means …
Wells Fargo Names Elizabeth Duke as chairwoman
On Tuesday, Wells Fargo & Co. (NYSE:$WFC) announced that its board has named Elizabeth Duke as independent chairwoman to take the place of Stephen Sanger who is retiring at the end of this year.
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