Strong Net Interest Income and Trading Volatility Drive BofA’s Q4 Earnings Win
Bank of America surpassed expectations, reporting a profit of $7.6 billion. High interest and trading helped, and the CEO remains optimistic.
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Huntington Buys Cadence Bank for $7.4B in Texas Expansion
Huntington Bancshares acquires Cadence Bank for $7.4 billion, expanding into Texas with 400 branches across 21 states amid regional banking consolidation wave.
BofA Crushes Q3 Earnings Thanks to Huge Dealmaking Boost
Bank of America's Q3 results beat expectations. Profit soared due to huge investment banking fees earned from advising on corporate "mega deals."
Wall Street's High-Stakes Battle for the Fannie Mae and Freddie Mac IPO
Major banks are competing for lead roles in what could be history's largest IPO as Trump administration plans to take Fannie Mae and Freddie Mac public, with Goldman Sachs, JPMorgan, and others vying for position.