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BANK OF AMERICA NEWS

After First Brands & Tricolor blow-ups, Jamie Dimon warns of 'more cockroaches': Could these portend worsening credit stress in the US?

October 22, 2025 5:45 am

The First Brands debacle is unlikely to be the only one in the market. Meanwhile, Tricolor was among the fastest-growing auto lenders in the United States over the last five years, till it declared bankruptcy.

Amid banking crisis, nervous investors dump stocks and hold cash, says BofA

May 05, 2023 4:02 pm

Equity funds saw $6.6 billion of outflows in the week, the largest weekly outflow in nine weeks, BofA said, in a Friday note, citing EPFR data.

BofA sees 40% cut to optimistic Nifty earnings estimates

May 05, 2023 10:30 am

BofA strategists added that a delayed recovery in rural India could also hurt earnings as could the potential peaking of demand in urban India.

US inflation slips from 40-year peak but remains high 8.5%

August 11, 2022 7:35 am

Biden has pointed to declining gas prices as a sign that his policies — including large releases of oil from the nation’s strategic reserve — are helping lessen the higher costs that have strained Americans’ finances, particularly for lower-income Americans and Black and Hispanic households.

IIM-Ahmedabad and Bank of America to set-up a centre for digital transformation

August 27, 2021 11:19 am

The centre will focus on activities that enhance an understanding of the digital ecosystem and catalyse leadership, as it leverages its expertise in research and development.

Gujarat: Bank of America opens centre at GIFT City, to employ 1,500 people

December 07, 2019 1:01 pm

Bank of America has taken up space on lease at the newly-constructed 24-storeyed building “Pragya”, in the Special Economic Zone area of GIFT City.

Bank of America takes aim at gun-making clients

February 25, 2018 9:56 am

Bank of America, the second-biggest US bank by assets, said its request to makers of the military-style weapons was in line with those taken by other financial industry companies to help prevent deadly gun rampages.

Regulators fine global banks $4.3 bn in forex probe

November 13, 2014 1:32 am

The US Office of the Comptroller of the Currency, which regulates banks, also fined the US lenders $950 million and was the only authority to penalise Bank of America.

In a cramped space

August 09, 2014 2:06 am

As US brings 2008 chapter to a close, India must open a debate on its own financial and regulatory systems.

Market volatility at 4-month high as Lok Sabha elections approach

April 05, 2014 3:48 pm

The index on market volatility closed at 22.6875, its highest level since December 4, 2013.

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