hong kong CNN — The yen plunged on Wednesday after the Bank of Japan decided to maintain its ultra-loose monetary policy, defying market expectations that rising inflation could force the central bank away from low interest rates. . The BOJ kept its yield curve control (YCC) targets unchanged at the end of a two-day policy … Read more
New York CNN — JPMorgan Chase, Bank of America, Citigroup and asset management giant BlackRock reported results on Friday that beat Wall Street forecasts, but investors were disappointed nonetheless. Trading was choppy, with most bank stocks falling at the open before rebounding. Shares of JPMorgan Chase (JPM) rose about 1% late in the morning while … Read more
Text size Bank of America publishes its latest quarterly results on Friday. The time of dreams Rising interest rates have pushed up Bank of America in fourth quarter revenue as the bank posted a slight increase in profits. Bank of America (ticker: BAC) reported revenue of $24.5 billion in the quarter, beating estimates of $24.2 … Read more
