US regulators warn bankers about intensified focus on financial crime
U.S. regulators warned bankers on Wednesday that the government will continue to beef up efforts to fight money laundering and enforce know-your-customer rules.
Bank CEOs express confidence in deals, consumer finances
U.S. bank CEOs expressed confidence in the dealmaking outlook and the health of U.S. consumers at an industry conference in ...
Yahoo16h
Former BofA Broker Pleads Guilty to Laundering His Father’s Bribe Money
A former Bank of America broker has pleaded guilty to laundering bribes that went to his father, a former Ecuadorean ...
Global Pharma carries the most overweight allocations in Nov – according to BofA’s Global FMS
Investors increased their allocations to pharmaceuticals, banks, and industrials in November, according to the latest BofA ...
Seeking Alpha17h
Investors believe global profits will improve in the next 12 months – BofA’s Global FMS
Less fund managers expect global profits to deteriorate in the next year, the BofA Global Fund Manager Survey post-election showed. A net 2% of Fund Manager Survey investors said this month they ...
Yahoo Finance21h
Market has 'room to run' but that doesn’t mean buy more stocks: Bridgewater co-CIO
Investors reacted by raising their exposure to US stocks to an 11-year high, according to Bank of America, as they bet on optimism about economic growth under President-elect Donald Trump. “What you ...
KVIA22h
Inflation hit a bump in October after slowing for six straight months
Inflation moved in the wrong direction last month. Consumer prices rose 0.2% last month and were up 2.6% from the year before, according to the latest Consumer Price Index data released Wednesday by ...