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...Bank of America, the nation’s second-largest lender, said as it reported results on Tuesday that new loan growth stalled in the quarter, with BofA’s chief financial officer Alastair Borthwick calling lending...
...Illinois at Chicago (UIC), Chicago, IL, US...
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...Goodwin has mastered the art of embedding mountains of historical detail inside snappy narratives, a skill which has seen her dubbed “America’s historian-in-chief” and snagged her a Pulitzer Prize for her...
...That will change on Monday in Illinois, when the state becomes the first in the US to entirely eliminate the use of cash bail....
...Futures traders have jumped on the arrival of the first US spot bitcoin exchange traded funds, ramping up a lucrative bet that capitalises on the volatile moves of crypto-related prices....
...Bank of America’s profits fell 18 per cent in the first quarter, dragged down by a jump in potential loan losses and additional expenses tied to last year’s regional banking crisis....
...Based on the price of these options, strategists at Bank of America say markets are now pricing in a more than 10 per cent chance of such a scenario within the next six months....
...Companies: LVMH reports its first-quarter sales as succession plans at the world’s biggest luxury group speed up. Bank of America, Johnson & Johnson and Morgan Stanley report earnings....
...Over the past two years, big banks such as JPMorgan Chase, Bank of America, Citigroup and Wells Fargo charged more for loans in lockstep with the Fed lifting interest rates, without passing on the increase...
...The writer is a contributing columnist, based in Chicago The diseased state of America’s democracy was never more in evidence than during the unseemly struggle to find a Speaker for the US House of Representatives...
...Bank of America has shoved back its call for the first Fed cut from June all the way out to December — a huge jump for a tweak that typically moves in increments of one or two months at a time and that opens...
...Capital One, known in America for its “What’s in your wallet?” advertising slogan delivered by celebrities such as Samuel L Jackson and Jennifer Garner, is the 12th-biggest US bank by assets....
...Officials in Colorado, Maine and Illinois had all disqualified him on this basis....
...Price has amassed a decent haul of those over the course of five albums. Now 40, she has lived in Nashville since moving from Illinois with a car and not much else as a university dropout....
...Who Luxury Portfolio International/Christie’s International Real Estate Find out about our latest stories first — follow @FTProperty on X or @ft_houseandhome on Instagram...
...In the first quarter of the year, according to the London Stock Exchange Group, the Americas accounted for 54 per cent of investment banking fees globally (compared with 47 per cent for all of last year,...
...The UK-based lender will book a $1bn hit to its pre-tax earnings in the first quarter of 2024 as a result of the sale, the latest in a series of moves to sell off parts of its operations....
...Delta: The Atlanta-based airline is expected to report earnings of 36 cents per share in its first quarter and 6 per cent revenue growth on an annual basis....
...The bulk of Russian central bank assets — roughly €190bn — is held at Euroclear, a central securities depository based in Belgium....
...The 12 large cap banks followed by Morgan Stanley analysts, including PNC, JPMorgan Chase, Bank of America and Wells Fargo, now have more than $180bn of excess common equity tier one capital — a record high...
...The bank had not been hit by any new defaults in the first two months of the new year, he said. The bank earmarked €350mn for loan loss provisions for 2024, compared with €441mn last year....
...Any up-and-coming pop star knows: it is tough to break America. A number of financial institutions have tried to crack the US over the years. Not many have succeeded....
...Porter is not the first hooper to be hit with a ban for gambling, but he is the first to face the music since 2018, when the US federal prohibition of sports wagering was struck down....
...The Swiss National Bank unexpectedly cut rates on Thursday, making it the first central bank of a major western industrialised country to do so in the current cycle, but the Fed and the ECB are not expected...
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