• Breakingviews TV: In the bank

    3 monthes ago - By Reuters

    Bank of America continued the run of solid bank results with nearly $7 bln of first-quarter earnings. Antony Currie and Tom Buerkle discuss how investors have already priced in gains from tax cuts and want to see stronger top-line growth before bidding up banks' shares.
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  • Bank of America is gaining ground after earnings

    3 monthes ago - By Chron

    REUTERS/Lucas Jackson
    Bank of America is climbing after an earnings topped expectations.
    The US's third-largest bank by assets said its effective tax rate dropped by 9 percentage points.
    Deposits rose 3%, hitting a record $1.3 trillion in the bank's consumer banking division.
    Follow Bank of America's stock price in real-time here.
    Shares of Bank of America were up roughly 1% in early trading Monday after the firm reported earnings that beat analysts expectations, continuing a trend of stellar financial earnings in the first quarter.
    The Charlotte-based bank said it earned an adjusted $0.62...
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