Posted on 8/5/20
Bank of America Grants $28.5 Billion in Deferrals for Business and Consumer Loans
Borrowers have been taking advantage of Bank of America's (NYSE:BAC) loan deferral program. The big bank revealed in a regulatory filing that it has provided such . . .
Posted on 8/4/20
Why Is Warren Buffett So Bullish on Bank of America?
Warren Buffett and his investing team at Berkshire Hathaway (NYSE:BRK.A) (NYSE:BRK.B) have now made not one, not two, but three big investments in Bank of America . . .
Posted on 7/30/20
Here's What the Federal Reserve Just Said About the U.S. Economy
The Federal Reserve's policy-making Federal Open Market Committee (FOMC) just wrapped up its July meeting, and as expected, it left interest rates unchanged. The target range . . .
Posted on 7/28/20
Soltage and Basalt Invest in 28 MW Solar Portfolio Across New Jersey, Illinois and South Carolina
Today, leading independent power producer, Soltage LLC and infrastructure equity investment fund, Basalt Infrastructure Partners announced an investment in a 28 megawatt (MW) solar portfolio. The . . .
Posted on 7/28/20
2020’s States with the Highest & Lowest Credit Card Debt – WalletHub Study
With Americans starting 2020 off over $1 trillion in credit-card debt and projected to have a net increase of $80 billion this year due in part . . .
Posted on 7/28/20
Bank of America Is the Most Popular Financial Stock on Robinhood. Should It Be?
Robinhood has become a popular trading platform for new investors during the COVID-19 pandemic, and the top bank stock traded on the site as of Monday . . .
Posted on 7/17/20
Bank of America Slips Despite Beating Estimates in Q2
Bank of America (NYSE:BAC) reported an estimates-beating second quarter on Thursday, but its shares fell due to a generally gloomy outlook for the banking sector as . . .
Posted on 7/15/20
States Where People Need Loans the Most – WalletHub Study
With the U.S. unemployment rate slowly improving but still at 11% due to COVID-19, WalletHub today released updated rankings for the States Where People Need Loans . . .
Posted on 7/14/20
Bank Of America: Limited Risk
SummaryBank of America flew past the 2020 Stress Test with plenty of capital survive a severely adverse economy.The bank can absorb a hypothetical $71 billion in . . .
Posted on 7/7/20
CIT Leads $118.5 Million Financing for North Carolina Solar Project
CIT Group Inc. (NYSE: CIT) today announced that its Power and Energy business served as lead arranger on a $118.5 million financing for the utility-scale Harts . . .
Posted on 6/29/20
ChannelAdvisor: Buy The Stock Around The Current Price
SummaryChannelAdvisor's stock is attractively valued and long-term investors can buy the stock around the current price.The company has couple of strong growth drivers, which ensures its . . .
Posted on 6/22/20
Better Buy: Bank of America vs. Citigroup
Since the coronavirus pandemic struck the economy, both Bank of America (NYSE:BAC) and Citigroup (NYSE:C), two of the largest banks in the world, have been hit . . .
Posted on 6/10/20
Charlotte-based Thompson Pratt Capital Management Moves $110M in Assets to Arkadios
Thompson Pratt Capital Management, LLC, a full-service wealth management firm based in Charlotte, N.C. overseeing
Posted on 6/8/20
LPL Financial and Private Advisor Group Welcome Broadway Graham Wealth Partners
CHARLOTTE, N.C., June 08, 2020 (GLOBE NEWSWIRE) -- LPL Financial LLC, a leading retail investment advisory firm and independent broker-dealer, today announced that three financial advisors . . .
Posted on 6/3/20
Bank Of America Is Rising From Its Ashes
SummaryBank of America stock is recovering from the COVID-19 lows of March 2020.The current earnings are hurting from (temporary) credit provisions.Current valuation levels are on the . . .
Posted on 6/2/20
CAPTRUST Adds Growth Capital with Minority Investment from GTCR
CAPTRUST Financial Advisors (CAPTRUST) today announced that GTCR, a leading private equity firm, has made a 25 percent minority growth investment in CAPTRUST. This investment reflects . . .
Posted on 6/1/20
States That Need the Most Financial Help Due to COVID-19 – WalletHub Study
With states losing massive amounts of tax revenue while still having to support their residents during the coronavirus pandemic, the personal-finance website WalletHub today released its . . .
Posted on 5/29/20
LLR Partners Announces Investment in TrueLearn
LLR Partners today announced an investment in TrueLearn, a provider of online test preparation and data
Posted on 5/29/20
Bank of America CEO Says Q2 Trading Revenue to Rise by Nearly 10%
Bank of America (NYSE:BAC) should see a revenue improvement this quarter in one crucial area for U.S. banks -- securities trading revenue. In an industry conference . . .
Posted on 5/27/20
SC&H Capital Announces Joint Venture with Healthcare Management Partners and I3 Healthcare Consulting
SC&H Capital, a leading investment banking and advisory firm, announced today it has entered into a joint venture with two healthcare consulting firms, Healthcare Management Partners . . .
Posted on 5/27/20
States Where People Need Loans the Most Due to the Coronavirus Pandemic – WalletHub Study
With nearly 39 million Americans becoming jobless during the coronavirus pandemic and 44 percent of Americans expecting to go into more debt because of the crisis, . . .
Posted on 5/6/20
87 Million Americans Are Worried About Their Credit Scores Due to the Coronavirus – WalletHub
About 87 million Americans are worried about their credit scores due to the COVID-19 pandemic, according to WalletHub’s nationally representative Coronavirus and Credit Score Survey, released . . .
Posted on 4/24/20
Bank Of America: This Time Will Be Different, Seriously
SummaryBank of America's stock has significantly underperformed the broader market so far in 2020.The bank recently reported Q1 2020 results and, as expected, earnings were under . . .
Posted on 4/24/20
Banks Rake In $10B in Fees in Phase 1 of PPP
Banks brought in a whopping $10 billion in fees from the government's $350 billion emergency lending small business Paycheck Protection Program (PPP), according to an analysis . . .
Posted on 4/21/20
SEC Settles With Bank of America Merrill Lynch Over Fund Fee Conflicts of Interest
Bank of America's (NYSE:BAC) investment banking arm, Merrill Lynch, is paying a fine to the Securities and Exchange Commission (SEC) over mutual fund advisory fees. The . . .
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