bankingindustry
Bank of America Corp (NYSE:BAC)’s Q2 revenue fell short of expectations according to its earnings release, causing its shares to dip 2.1% in Wednesday’s premarket. The banking giant reported revenue of $21.6 billion, just under the $21.8 billion prediction. Q2 2021 hedge fund letters, conferences and more Falling Interest Rate Effect“Excluding that one-time gain, EPS of 80 cents a share edged out the 77 cents estimate of analysts surveyed by Refinitiv,” as reported by CNBC. Further, the company detailed a revenue fall of 4% from a year previous, caused by a 6% decline in net interest income du...
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Deloitte’s 2021 Banking and Capital Markets Outlook — “The banking industry will need to enhance resilience across capital, technology, and talent.” Q3 2020 hedge fund letters, conferences and more The Banking Industry Will Face A Range Of Challenges In 2021According to Deloitte’s 2021 Banking and Capital Markets Outlook, “the banking industry will confront a range of challenges in 2021, many ongoing, but also some new obstacles. Uncertainty about the effects of the pandemic will likely remain for the foreseeable future. But this should not prevent bank leaders from reimagining the future and ...
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BRENTWOOD, TENN., Oct. 6, 2020 – Bank Director, the leading information resource for directors and officers of financial institutions nationwide, today released its 2020 Governance Best Practices Survey, sponsored by Bryan Cave Leighton Paisner. The survey identifies two key challenges facing bank boards today: staying abreast of changes that are occurring throughout the banking industry (69%), and cybersecurity and similar emerging issues (69%).Q2 2020 hedge fund letters, conferences and moreThe Best Practices For Corporate Governance In The Banking Industry“The purpose of the survey is to bu...
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