News

Bank of America and Citigroup weren't the only financial stocks on Buffett's chopping block last quarter. He also exited ...
In another bet by bond investors, money has flowed into Bank of America Corp.’s bonds since the U.S. election in November, while it’s flowed out of other big money-center banks. CreditSights ...
Bank of America has been negatively impacted by the regional banking crisis and rising interest rates, causing a $100B+ unrealized loss in its bond portfolio. The bank has benefited from the Fed's ...
Bank of America’s enormous portfolio including government debt and mortgage bonds—nearly $760 billion at the end of the second quarter, with an unrealized loss of almost $110 billion—is for ...
Bank of America is bearing the ... The sum far exceeds unrealised bond market losses reported by its largest peers. The differing results reflect strategies undertaken early in the Covid-19 ...
Among Bank of America’s assets is also a massive portfolio of long-term bonds. The ones it is holding to maturity have an average weighted life of over eight years. “That would all suggest to ...
Banks were forced to offload bonds at losses to make up for the deposit outflows. Despite its strength and resilience, Bank of America was aware of these challenges. Prior to the Federal Reserve's ...
The total return on 30-year bonds has declined by 45% since April 2020, the worst four-year loss in over 100 years, according to strategists at Bank of America. That rough 30-year BX:TMUBMUSD30Y ...
Bank of America is bearing the cost of decisions ... The sum far exceeds unrealized bond market losses reported by its largest peers. The differing results reflect strategies undertaken early in the ...
In another bet by bond investors, money has flowed into Bank of America Corp.'s (BAC) bonds since the U.S. election in November, while it's flowed out of other big money-center banks. CreditSights ...