At JPMorgan and Bank of America, staffing increased by 1.7% from three months ago, while at Citi it rose by 0.8%. Wells Fargo, meanwhile, shed jobs.
The U.S. economy is likely headed for a recession in 2023, according to Bank of America CEO Brian Moynihan, who is preparing for a mild downturn this year.
For Bank of America, the great digital shift is very much in evidence. The company's latest quarterly results showed that digital “sales” made through the company's online channels were up 22% yea

Is Berkshire Hathaway a Value Stock?

04:46pm, Friday, 13'th Jan 2023 Zacks Investment Research
Value investors have been piling into BRKB as value investing gains momentum. Should they be?
CFRA Research Director of Equity Research Ken Leon joins Yahoo Finance Live anchor Seana Smith to break down what today's Big Bank earnings reports may indicate for the economic outlook of 2023, inclu

Wall Street Kicks Off Q4 2022 Earnings Season

03:56pm, Friday, 13'th Jan 2023 Zacks Investment Research
Wall Street Kicks Off Q4 2022 Earnings Season.
Bank of America CEO Brian Moynihan joins 'Closing Bell' to discuss the company's earnings and his outlook for 2023, including the possibility of a mild recession this year.

BofA (BAC) Q4 Earnings Beat Estimates on Solid Trading & NII

03:50pm, Friday, 13'th Jan 2023 Zacks Investment Research
Bank of America (BAC) records a rise in revenues in the fourth quarter of 2022. Higher expenses hurt results to some extent.
Macro trading is an investment strategy that takes into account both domestic and global macroeconomic trends. Most global macro trading ideas are in essence so simple that even the most inexperience
That's Savita Subramanian, head of equity and quantitative strategy at Bank of America, in a Thursday interview with the Bloomberg podcast “What Goes Up.”

Welcome to Q4 Earnings Season!

03:30pm, Friday, 13'th Jan 2023 Zacks Investment Research
Four of Wall Street's biggest banks are all out with Q4 earnings results ahead of today's opening bell.

US Stocks Edge Lower; Bank of America Profit Tops Views

03:15pm, Friday, 13'th Jan 2023 Benzinga
U.S. stocks traded lower this morning, with the Dow Jones dropping around 50 points on Friday. Following the market opening Friday, the Dow traded down 0.14% to 34,141.19 while the NASDAQ fell 0.40% t

Bank earnings kick off

02:58pm, Friday, 13'th Jan 2023
CNBC's Hugh Son joins 'Power Lunch' to discuss this morning's bank earnings and what they say about the possibility of a recession.

This Bank Stock Trifecta Led Markets Lower Friday Morning

02:16pm, Friday, 13'th Jan 2023 The Motley Fool
Investors are worried about earnings weakness in the financial sector.

Key Takeaways From Big Bank Earnings

02:12pm, Friday, 13'th Jan 2023
Earnings are out from Wells Fargo, JPMorgan, Citigroup and Bank of America. Sonali Basak tells us what we need to know.
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