Search Results for: Bank of America
Crude oil prices fall almost 20 percent since beginning of the year
January 12th, 2016
Crude oil prices continued a relentless dive early on Tuesday, falling almost 20 percent since the beginning of the year as analysts scrambled to cut their 2016 oil price forecasts and traders bet on further price falls. U.S. crude ...
Four London-based traders are being investigated by DoJ for possible manipulation
January 7th, 2016
DoJ investigates bond traders over market-rigging “What is Bond: A name for debt which is issued for a specified period of time. Depending the terms of the Bond, the issuer owes the holder/s a debt, and is obliged to pay ...
Goldman, JPMorgan Seen as Fintech Winners While AmEx Suffers
December 29th, 2015
Autonomous Research survey finds most unafraid of disruption American Express, Western Union seen as biggest losers Goldman Sachs Group Inc. and JPMorgan Chase & Co. will probably benefit most from the coming wave of financial technology disruption, rather ...
J.P. Morgan to Increase Deposit Rates for Some Big Clients in January
December 29th, 2015
Bank is among first of big peers to boost deposit rates after Fed decision on interest rates J.P. Morgan Chase & Co. will raise deposit rates for some of its biggest clients in January, according to a person familiar with ...
Oil prices edge up as northern hemisphere moves into peak winter demand
December 22nd, 2015
Oil prices edged away from multi-year lows on Tuesday as the northern hemisphere moves into the peak-demand winter season, but mild weather and ballooning supplies mean that prices are expected to remain generally low well into 2016. The global ...
Wells Fargo to Nudge Brokers to Get Bigger Clients
December 18th, 2015
Change is bank’s latest push to compete for clients who have millions of dollars in assets Wells Fargo & Co. will push its brokers to work with bigger clients as part of a broader strategy to attract wealthier investors. The ...
Here’s how the Fed actually raises interest rates
December 16th, 2015
For the Fed, voting to hike interest rates is the easy part. The tough work begins as U.S. central bank officials implement the right maneuvers to ensure rates go where they want. Essentially, the heavy lifting gets assigned to ...
Citi: Seven warnings signs for stocks in 2016
December 10th, 2015
Wall Street has tamped down stock market expectations in 2016 for a variety of reasons. Less accommodative monetary policy, slow growth and geopolitical concerns only get the ball rolling. There’s a whole slew of reasons why the year ahead ...
Brent Crude Falls; Oil Prices End at Nearly Seven-Year Lows
December 9th, 2015
Prices hit fresh seven-year lows on expectations that U.S. crude inventories rose Brent crude dipped below $40 a barrel Tuesday in a selloff that has raised a worrisome possibility: that oil prices could be even lower next year than ...
Goldman thinks oil prices could fall another 50%
December 7th, 2015
Goldman thinks oil prices could fall another 50% as the market spends another year sorting itself out The oil market is out of whack and Goldman Sachs doesn’t see this situation sorting itself out for another year. In a ...
