Bank of America has so far seen the biggest share-price boost from earnings among the megabanks. WSJheard explains why. WSJWhatsNow
on mortgages fell. The bank also put a good amount of deposits to work into the market at better rates than cash.
The bank’s expected sensitivity benefit to rising rates in the future is diminishing: It now estimates a $7.2 billion benefit from a 1 percentage-point-across-the-board jump in rates, compared with a $10.5 billion estimate at the end of last year. But like peers it is still growing its liquidity sources and is still comfortably above minimum capital requirements, giving it flexibility to continue to put money to work when the environment is even better.
Bank of America was willing on Thursday to give strong indications of its net interest income outlook next year. Chief Financial Officer Paul Donofrio told analysts on Thursday that if rates move as markets currently expect them to, and if deposits and loans continue to grow to some degree, the bank should see net interest income “well above” what it will have generated in 2021.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Over 100 groups urge Biden admin to drop plans to let IRS monitor bank accountsCredit Unions said the proposal, designed to help tackle tax fraud, 'would impact almost every American and small business.'
続きを読む »
Analysis: Supply chains, inflation cloud vaccine, debt woes at IMF-World Bank meetingsSupply chain woes and growing inflation concerns pushed aside a widening gap in COVID-19 vaccinations and mounting debt problems for developing countries as the top concerns for global policymakers at International Monetary Fund and World Bank annual meetings this week.
続きを読む »
Bank earnings give big bullish signal to investors, showing consumer is flush and spendingNew for subscribers: Bank earnings give big bullish signal to investors, showing consumer is flush and spending. Check out CNBCPro today.
続きを読む »
Former Iranian central bank chief sentenced to 10 years on corruption chargesA former governor of Iran’s Central Bank, Valiollah Seif, was sentenced on Saturday to 10 years in prison on corruption charges involving the mismanagement of millions of dollars, the judiciary said.
続きを読む »
Iran sentences ex-central bank chief to 10 years in prison for corruptionValiollah Seif, who headed the Central Bank of Iran between 2013 and 2018, was charged with disturbing the order in the forex market and paving the way for illegal purchase and sale of foreign currency.
続きを読む »