US bank Bank of America posted net attributable profit of $ 7.26 billion for the third quarter of 2021 as a whole, equivalent to an increase of 63.5 % compared to the same period last year, according to of the income statement.
"We have reported strong results as the economy continued to improve…
Read More...
Browsing Tag
Bank of America
Morgan Stanley launches cryptocurrency research team
Morgan Stanley created a new research division that aims to investigate the development of crypto assets and for this it appointed Sheena Shah as the main cryptocurrency analyst. Shah comes from playing a crucial role as Morgan Stanley's…
Bank of America creates research team for cryptocurrencies
The Bank of America recently created a team dedicated exclusively to conducting research within the field of cryptocurrencies.
Alkesh Shah, the US bank's innovation data strategy staff, will lead this team along with Mamta Jain andAndrew…
Bank of America seeks to incentivize racial equality
Bank of America raised its plan to encourage and improve racial equality and economic opportunity in the United States by $ 250 million through a series of investments and direct actions, according to a statement.
The initial plan,…
Bitcoin growth is bigger than Bank of America
Bitcoin's market capitalization has grown in 2020 compared to recent years, outperforming various wealth comparisons along the way and although it has withstood a fair share of dramatic price fluctuations it continues to advance.…
Adidas prepares a credit line of 3,000 million euros
German clothing and sports equipment manufacturer Adidas is finalizing the details of a € 3 billion credit line in which a majority of KfW, the German ICO, will participate, the company said in a statement.
Specifically, the German public…
BoFa showed a profit decrease of about 48%
Bank of America recorded a net attributable profit of $ 3,541 million in the first quarter of 2020, which represents a decrease of 48.4% compared to the result obtained by the entity in the same period of the previous year, after the bank…
BoFa showed a 21.3% decline in profits
Bank of America recorded a net attributable profit of $ 5,272 million between July and September 2019, representing a 21.3% decrease compared to the same period of 2018, after accounting for a negative impact of 2,100 in the third quarter…
BoFa signs agreement with EDPR for wind power business
EDP Renovavéis has signed a tax equity financing commitment with Bank of America worth $ 421 million in exchange for a stake in a portfolio of 405 megawatt (MW) offshore wind energy farms in the United States, the company said.…
Bank of America registers profit with an increase of 10%
Bank of America recorded a net attributable net profit of 7,109 million dollars in the second quarter of the year, which represents an increase of 10% compared to the same period of 2018, according to the entity. They plan to distribute…
Benefits of Wells Fargo showed an increase of 20%
The US bank Wells Fargo accounted for a net profit of 6,206 million dollars in the second quarter of 2019, which is an increase of 20% over the same period last year, as reported by the entity on Tuesday.
The turnover of Wells Fargo…
Bank of America foresees a cash-free society
The banking sector is accepting that digital currencies and cashless payment solutions are the future of the ecosystem. Therefore, Bank of America joined the unstoppable tendency to develop a cash-free society.
At present, several…