Bank of America
China push to stimulate consumption may need more time
China push to stimulate consumption may need more time
																					
							For banks, the lower mortgage rates could hurt profits in the short term.
						
					
					
				Weekly Global News Wrap: Morgan Stanley offers Bitcoin ETFs; Berkshire Hathaway sells $3.8b BofA stocks
																					
							And Wells Fargo is under investigation over issues in its AML programs.
						
					
					
				BofA names Winnie Chen as head of APAC global payments solutions
																					
							Chen will begin her duties in September 2024.
						
					
					
				Japan banks clinch $1.98b boost in interest income after policy shift
																					
							But a rise in deposit rates presents risks, analysts warned.
						
					
					
				Bank of America eyes client-focused approach amidst Malaysia's economic rebound
																					
							Bank of America was named as the top investment bank in Malaysia in 2023 based on M&A deals and services offered.
						
					
					
				DBS clinches most investment banking fees in Singapore
																					
							Deutsche Bank is the top bank for M&As, whilst Citi took the largest share for ECM underwriting.
						
					
					
				Weekly Global News Wrap: Grupo Mexico closing in on $7b Citi Banamex deal; Bank of America opens Luxembourg branch
																					
							And Credit Suisse CEO to join UBS board once deal is completed.
						
					
					
				Weekly Global News Wrap: Nomura cuts entertainment budget; crypto bank Silvergate closes down
																					
							And Bank of America CEO says he and the bank are “capitalist” as anti-ESG critics gain steam.
						
					
					
				Weekly Global News Wrap: BNP Paribas vows to slash oil lending; Bank of America employees awarded restricted stock
																					
							And Barclays names ex-Credit Suisse dealmaker as head of investment banking.
						
					
					
				Weekly Global News Wrap: Bank of America's senior bankers receive pay raise; UBS buys wealth mgmt provider Wealthfront
																					
							And Deutsche Bank said it’ll undertake a $339m share buyback.
						
					
					
				Weekly Global News Wrap: US Fed stress test clears banks for stock buybacks; EU leaders promise to complete banking union someday
																					
							And banking jobs in Frankfurt are falling despite boost from Brexit.
						
					
					
				Weekly Global News Wrap: Regulator mulls conservative bitcoin rule; JPMorgan amassing cash amidst inflation woes, says CEO
																					
							And Bank of America unveils plan to bring employees back to the office.
						
					
					
				 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
						 
								 
						 
								 
								 
						 
						 
								 
								 
																					
											
																			 
																					
											
																			 
																					
											
																			 
																					
											
																			 
                