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Bank of America rewrites playbook for launching branches in new markets, including Pittsburgh

BofA’s digital-first strategy in new markets is a departure from the bank’s strategy of opening branches in a new market then supporting the physical locations with mobile banking services......»»

Category: topSource: bizjournalsAug 10th, 2018

TD Bank closing 81 branches, including 11 in the Philadelphia region

Unlike many of its big bank competitors, the Cherry Hill-based bank had not proceeded with mass branch closures until now......»»

Category: topSource: bizjournalsJan 27th, 2021

: ‘Sell the vaccine’ in response to ‘violent inflationary price action,’ Bank of America strategist says

Michael Hartnett, the chief investment strategist at Bank of America, knows markets haven't been listening. But he continues to say "sell the vaccine," as he warns about bubble conditions not just in stock but other asset markets......»»

Category: topSource: marketwatchJan 8th, 2021

: Bank of America strategist continues to say ‘sell the vaccine’ in response to ‘violent inflationary price action’

Michael Hartnett, the chief investment strategist at Bank of America, knows markets haven't been listening. But he continues to say "sell the vaccine," as he warns about bubble conditions not just in stock but other asset markets......»»

Category: topSource: marketwatchJan 8th, 2021

Wells Fargo hires former Bank of America executive for digital banking role

The executive, who helped Bank of America embrace a digital-first strategy in entering new markets, will now help Wells Fargo boost its digital banking services......»»

Category: topSource: bizjournalsDec 20th, 2020

BBVA to open more Texas branches, including in Houston area

BBVA USA plans to open 15 new branches in Texas, including several in the Houston area. The Birmingham Business Journal reported May 13 that the Alabama State Banking Department has approved the de novo branches for the bank, which has its headquarter.....»»

Category: topSource: bizjournalsMay 15th, 2020

Lawsuit claims 10 big banks rigged market for "odd-lot" U.S. corporate bonds

Ten of the world's largest banks, including JPMorgan Chase and Bank of America , have been sued for allegedly conspiring over nearly 14 years to rig prices in the $9.6 trillion U.S. corporate bond market, costing ordinary investors billions of dollars......»»

Category: topSource: reutersApr 21st, 2020

PNC branches in Texas, Tennessee, approved by OCC as Pittsbugh bank mulls pace of openings

PNC aimed to open 20 branches in new markets by the end of 2020, bringing total to 25......»»

Category: topSource: bizjournalsApr 17th, 2020

Bank of America breaks down how to build the perfect post-coronavirus portfolio

The firm says this is the playbook for getting ahead of an eventual market recovery, then staying on top for years......»»

Category: topSource: moneycentralApr 16th, 2020

Mid-Morning Market Update: Markets Open Lower; Bank of America Profit Misses Views

Following the market opening Wednesday, the Dow traded down 2.89% to 23,258.44 while the NASDAQ fell 2.11% to 8,336.48. The S&P also fe.....»»

Category: earningsSource: benzingaApr 15th, 2020

Mid-Morning Market Update: Markets Open Lower; Bank of America Profit Misses Views

Following the market opening Wednesday, the Dow traded down 2.89% to 23,258.44 while the NASDAQ fell 2.11% to 8,336.48. The S&P also fell, dropping 2.80% to 2,766.36. read more.....»»

Category: blogSource: benzingaApr 15th, 2020

A Peek Into The Markets: US Stock Futures Down Ahead Of Citigroup, Goldman Sachs, Bank of America Earnings

Pre-open movers U.S. stock futures trade.....»»

Category: worldSource: nytApr 15th, 2020

A Peek Into The Markets: US Stock Futures Down Ahead Of Citigroup, Goldman Sachs, Bank of America Earnings

Pre-open movers read more.....»»

Category: blogSource: benzingaApr 15th, 2020

BANK OF AMERICA: After a "Fast and Furious" market downfall, investors should buy whatever the Fed buys

Spencer Platt/Getty Images Investors searching for a near-term play should take a page from the Federal Reserve's playbook and look .....»»

Category: topSource: businessinsiderMar 30th, 2020

Wells Fargo to temporarily shutter local branches, give cash awards

Wells Fargo & Co. (NYSE: WFC) is temporarily closing more branches in North Carolina, including in the Charlotte area. The bank said the move will help cut down on the spread of coronavirus, or COVID-19. About 20 branches in the greater Charlotte re.....»»

Category: topSource: bizjournalsMar 24th, 2020

Kraft Heinz to donate $12M to counter COVID-19 effects on communities

Kraft Heinz Co. will provide $12 million in cash and donations in several locations around the world, including Pittsburgh, to help counter the effects of the COVID-19 pandemic on the community. It will give $1.9 million in cash to Feeding America .....»»

Category: topSource: bizjournalsMar 23rd, 2020

First Financial closes some branches due to coronavirus

First Financial Bank has temporarily closed six branches, including three in Greater Cincinnati as it takes precautions to guard against the spread of coronavirus. Downtown Cincinnati-based First Financial (Nasdaq: FFBC) said it has closed its Montgom.....»»

Category: topSource: bizjournalsMar 16th, 2020

Bank branches are usually empty, but BofA plans to build more

Bank lines are notoriously slow, but there was no wait at all in the Bank of America branch at Bryant Park this morning after a woman finished her business at the teller window. Lines are rare at... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkMar 6th, 2020

Here"s a list of recession indicators and where they stand

Bank of America created a list of possible recession triggers to monitor the state of the markets and the economy......»»

Category: topSource: moneycentralMar 6th, 2020

U.S. bank lobby economist predicts global rate cut coming ... this Wednesday

Investors battered by the breathtaking drop in global stock markets on coronavirus fears are ever more convinced the world's big central banks, including the Federal Reserve, will soon step in to try to quell the storm......»»

Category: topSource: reutersMar 1st, 2020

Bank Of America: "Nowhere To Hide"

Bank Of America: "Nowhere To Hide" It's not just the markets that are in freefall, so are crushed revised estimates of global economic growth. Overnight Bank of America has taken the axe to its GD.....»»

Category: blogSource: zerohedgeFeb 27th, 2020