Bank of America’s stock falls despite blockbuster earnings report
Shares in Bank of America shares declined in premarket trading after the banking giant posted a 15% jump in revenue vs. a year earlier.
Shares in Bank of America shares declined in premarket trading after the banking giant posted a 15% jump in revenue vs. a year earlier.
XTB is examining systematic-internalizer arrangements for stock and ETF execution, Filip Kaczmarzyk, its board member for trading, said in an interview published today (Friday). The broker is looking for lower execution costs while retaining its zero-commission offer. Executing eligible orders against a firm’s own book, rather than routing every order to an exchange, could make…
Almost 23,000 households expected to move on the 28 August 2026, which is almost four times the daily average. The forecast, which comes from HomeOwners Alliance and reallymoving’s analysis of more than 750,000 removal quotes, found that August has been the most popular month to move home in each of the past 14 years, while…
Minutes Item 1 – Welcome and Apologies James Kaye (Chair, HSBC) welcomed new Committee members: Ellie McCormack (FCA) replacing Oliver McCausland, and Hendrik van der Merwe (Northern Trust) replacing Nikki Woodley. Adam Jukes (Deutsche Bank) was welcomed as an observer. Apologies were noted from Claire Forster-Lee (Morgan Stanley), Fiona O’Riordan (Citi) and Jermain Nooks (Investment…
Mortgage rates were a bit hesitant to follow the bond market’s advice yesterday. Specifically, bonds rallied (i.e. bond prices moved higher and yields/rates moved lower). This almost always coincides with mortgage rates falling by a proportional amount. But yesterday didn’t see the typical level of correlation for many lenders. Today is a different story. The…
Philadelphia Eagles running back Saquon Barkley‘s $4 million Pennsylvania home was the subject of a home invasion over the weekend—while the athlete was at the property with his family. Local officials confirmed that the Chester County, PA, property was targeted in an incident that took place on July 18 at around 5 a.m., while revealing…
Key insight: As the president continues his effort to remove Federal Reserve Gov. Lisa Cook from her post at the Federal Reserve Board for cause, both he and the courts have little precedent to draw upon for guidance. Expert quote: “I wonder if the Supreme Court preserved some discretion for itself by not going into…