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Top related persons:
HSBC's Jose Rasco Jose Rasco - 1 Herc - 1 Sherif El - 1 Sabbahy - 1 — CNBC's Michael Bloom - 1 Goldman Sachs - 1 Tom Montag - 1 Montag - 1
Top related locs:
Hollywood Japan
Top related orgs:
Bank America - 2 HSBC Private Bank Americas - 1 Bloomberg - 1 of - 1 Morning - 1 Bank of America's - 1 Goldman - 1 Credit Suisse - 1

Search resuls for: "Bank America"


6 mentions found


☆ There will be a repricing of earnings expectations this year, says HSBC's Jose Rasco
  + stars: | 2024-02-05 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere will be a repricing of earnings expectations this year, says HSBC's Jose RascoJose Rasco, HSBC Private Bank Americas chief investment strategist, joins 'Closing Bell Overtime' to discuss the state of the rally, what to expect from the markets for the rest of the year and more.
Persons: HSBC's Jose Rasco Jose Rasco Organizations: HSBC Private Bank Americas
☆ Bank of America says the Hollywood strikes can hurt this equipment rental stock
  + stars: | 2023-07-21 | by ( Hakyung Kim | Https | Www.Linkedin.Com In Hakyungkim | ) www.cnbc.com   time to read: +2 min
A "Hollywood ending" for Herc has been postponed, according to Bank America. Analyst Sherif El-Sabbahy double-downgraded shares to underperform from buy, citing the near-term impact from the ongoing writers and actors strike in Hollywood. Herc rents out equipment such as forklifts, generators and light towers companies across different industries, including entertainment. We expect the impact in Q2 will be notably higher, given work stoppages driven by the writers' (and now actors) strike." The stock is up 8.1% in 2023 as shares rallied more than 38% over the past 12 months.
Persons: Herc, Sherif El, Sabbahy, — CNBC's Michael Bloom Organizations: Bank America Locations: Hollywood
☆ Ex-BofA No. 2 Tom Montag said to be in line to join Goldman Sachs board
  + stars: | 2023-06-26 | by ( Jeffrey Cane | ) www.businessinsider.com   time to read: +4 min
Goldman Sachs board plans to tap Tom Montag to join, Bloomberg reports. Now, he is said to be in line to join the board of Goldman Sachs as its CEO, David Solomon, faces scrutiny over his leadership. Still, Bloomberg notes, Montag would be the first bank executive named to the board under Solomon, who became CEO of the bank in 2018. Solomon's hobby as a DJ and his use of the firm's private jets have also rubbed some Goldman insiders the wrong way. At Goldman, Montag was big in JapanMontag bleeds Goldman blue.
Persons: Goldman Sachs, Tom Montag, Montag, David Solomon, Solomon, —, Sridhar Natarajan, Katherine Doherty, Goldman, David Viniar, Goldman's, Adebayo, Ogunlesi, Insider's Dakin Campbell, Japan Montag, Merrill Lynch, Insider's Alex Morrell, Charming, Kate Kelly, BofA Organizations: Bloomberg, of, Morning, Bank of America's, Goldman, Credit Suisse, Global Infrastructure Partners, Reuters, Bank of America, Bank America, The New York Times, Times, Private, TPG, Street Journal Locations: Japan
☆ Police arrested senior citizens who blockaded banks in a 'Rocking Chair Rebellion' to end fossil fuel use
  + stars: | 2023-03-24 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com   time to read: +6 min
They say Wells Fargo, Chase, Citibank, and Bank of America should stop lending to fossil-fuel companies. Grey-haired San Francisco protestors donned hats and rain jackets, set up a tent, passed around colorful banners and signs, and sang songs about protecting future generations. Organizers reported that 10 activists who occupied a Chase Bank were arrested on March 22, 2023. There were no arrests in San Francisco, where three young people and three older people chained themselves to the Wells Fargo doors. Morgan McFall-Johnsen"We're hoping to damage the reputation enough that people say: 'Oh no, Wells Fargo is not a good guy.
☆ What’s Your Savings Rate? These Banks Are Paying 10 Times the National Average
  + stars: | 2022-12-28 | by ( ) www.wsj.com   time to read: +9 min
Savings accounts have followed suit, with many top accounts yielding 3%, or even 4%, up from less than 1% earlier this year. The average savings account still earns just 0.3%, according to the Federal Deposit Insurance Corp. Accordingly, the highest APYs you can expect to find on savings accounts today are clustered close to that figure. If your main priority is simply the best rate, some online banks with less name recognition are pushing the envelope even further. Leon says digital institutions tend to be among the most competitive in their rates for CDs as well as savings accounts.
☆ Shinhan Financial’s U.S. Unit Ordered to Beef Up Money Laundering Oversight
  + stars: | 2022-11-25 | by ( Richard Vanderford | ) www.wsj.com   time to read: +3 min
Shinhan Bank America neither admitted nor denied any allegations of unsound banking practices or violations of the law, the order, which was issued with Shinhan Bank America’s consent, said. Newsletter Sign-up WSJ | Risk and Compliance Journal Our Morning Risk Report features insights and news on governance, risk and compliance. PREVIEWShinhan Bank America operates 15 branches in the U.S., mostly in places with relatively large Korean populations, including New York, California, Texas and Georgia. The FDIC also ordered Shinhan Bank America to adopt an effective training program to educate its staff on AML policies and to validate its suspicious-activity monitoring system. Mr. Song in his lawsuit said the then-chief executive of Shinhan Bank America demanded that he alter an internal audit report’s conclusion that Shinhan Bank America had an unsatisfactory AML program.
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