Warren Buffett’s Berkshire Hathaway (NYSE: BRK.A, BRK.B) attracted significant attention earlier in 2024 for its aggressive stock selling, which included trimming sizable holdings in Bank of America (NYSE: BAC) and Apple (NASDAQ: AAPL).Recently, however, the legendary ‘Oracle of Omaha’ has shifted gears, making notable purchases that have once again captured headlines. Among these is a recent $28 million investment in shares of VeriSign Inc. (NASDAQ: VRSN), as revealed in SEC filings.According to the filing ...

CHARLOTTE, N.C., Dec. 26, 2024 /PRNewswire/ -- Bank of America Corporation announced today that it will redeem all outstanding shares of its Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series MM (CUSIP No. 060505FR0), liquidation preference $25,000 per share (the "Preferred Stock"), and the corresponding depositary shares each representing a 1/25th interest in a share of the Preferred Stock (CUSIP No. 060505FQ2) (the "Depositary Shares"). The Depositary Shares will be redeemed simultaneously with ...

Bank of America (BAC) ended the recent trading session at $44.38, demonstrating a +1.12% swing from the preceding day's closing price. The stock outperformed the S&P 500, which registered a daily gain of 1.1%. On the other hand, the Dow registered a gain of 0.91%, and the technology-centric Nasdaq increased by 1.35%.The nation's second-largest bank's shares have seen a decrease of 7.6% over the last month, not keeping up with the Finance sector's loss of 4.4% and the S&P 500's gain of 0.22%.The upcoming ear ...

During the third quarter (Q3) of 2024, the extensive selling activity – particularly of Bank of America (NYSE: BAC) stock – of Warren Buffett’s Berkshire Hathaway (NYSE: BRK.A, BRK.B) drew much attention.More recently, the trend reversed and numerous massive purchases made by the legendary ‘Oracle of Omaha’ started making headlines once more. A recent – and massive – example came on December 19 when the buying of nearly 9 million Occidental Petroleum (NYSE: OXY) shares was disclosed. Receive Signals on SEC ...

A federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America on Friday, claiming the banks failed to protect hundreds of thousands of consumers from rampant fraud on the popular payments network Zelle, in violation of consumer financial laws.In the federal civil complaint, the Consumer Financial Protection Bureau asserts that the banks rushed to get the peer-to-peer payments platform to market without effective safeguards against fraud and then, after consumers complained about being defrauded o ...

The Consumer Financial Protection Bureau sued Zelle operator Early Warning Services and three of its owner banks — Bank of America, J.P. Morgan Chase and Wells Fargo — alleging that they failed to protect consumers from “widespread fraud” on the peer-to-peer payment network.The agency’s complaint alleged that the defendants violated consumer financial protection laws by failing to implement safeguards on the payment network and denying assistance to consumers who filed fraud complaints, the CFPB said in a F ...

美联储利率决策对银行业的影响 - 美联储宣布再次降息25个基点，将联邦基金利率降至4.25-4.5%的范围，与2022年12月的水平相同[1] - 美联储缩减了2025年的降息预期，预计仅降息两次，低于9月FOMC会议预测的四次，2025年底利率将接近3.9%[2] - 美联储主席Jerome Powell表示，降息速度放缓反映了今年较高的通胀读数和预期通胀将更高，导致股市下跌，金融服务业是标普500指数中表现最差的板块之一[3] - 银行股大幅下跌，KBW纳斯达克地区银行指数和标普银行精选行业指数均下跌超过5%，包括摩根大通(JPM)、美国银行(BAC)和花旗集团(C)在内的华尔街巨头股价下跌超过4%，地区银行如Comerica(CMA)和KeyCorp(KEY)股价下跌近5%[4] 美联储对未来经济和就业市场的预测 - 美联储通过点阵图信号，预计2026年和2027年各降息两次，2026年底利率将接近3.4%（高于9月FOMC会议预测的2.9%），2027年底利率将接近3.1%[5] - 美联储最新经济预测摘要(SEP)显示，美国经济今年预计增长2.5%，2025年增长2.1%[6] - 美联储官员指出，劳动力市场条件总体上有所缓解，失业率上升但仍处于低位，2024年失业率预期从9月的4.4%下调至4.2%，2025年失业率预计为4.3%[7] 美联储对通胀的预测 - 美联储将2024年的通胀目标从9月的2.3%上调至2.4%，2025年通胀预计为2.5%，显著高于之前预测的2.1%，表明通胀将比预期更为持久[8] 银行业面临的挑战 - 由于明年可能的降息次数减少，银行将面临更长时间的较高资金成本，自2022年3月美联储开始加息以来，银行包括摩根大通(JPM)、美国银行(BAC)、花旗集团(C)、Comerica(CMA)和KeyCorp(KEY)的净利息收入(NII)和净利息收益率(NIM)显著增长，但高利率导致资金和存款成本上升，今年开始影响银行的NII和NIM增长[9] - 美联储预计从2024年9月开始降息，并预计2025年降息四次，银行对未来季度的NII和NIM持乐观态度，但由于降息次数减少，明年NII和NIM的强劲扩张不太可能发生[10] - 2025年的贷款需求预计不会比2024年有显著改善，因为利率将保持高位更长时间，贷款需求预计将保持温和，资产质量可能在2025年继续成为主要阻力，借款人可能难以偿还贷款，因此银行的运营环境预计不会像之前预测的那样乐观，银行财务表现的复苏预计不会早于2025年年中[11]

The Federal Reserve has started cutting interest rates since September 2024 and has cut interest rates by 75 basis points so far this year. The final rate cut of 25 basis points for 2024 is expected at today’s FOMC meeting.During the first rate cut meeting in September 2024, the Fed signalled four potential rate cuts in 2025. However, recent hotter-than-expected inflation suggests prices are becoming sticky, making it harder for inflation to decrease. This has led to assumption that the Fed may scale back i ...

There are many different types of investors on Wall Street, but the CEO of Berkshire Hathaway (BRK.A -0.31%) (BRK.B -0.59%) is in a class of his own. Since taking the helm at the holding company, he's delivered a 4,615,876% return. That's roughly twice as much as investors would have earned by investing in the benchmark S&P 500 index.You don't need to be a Wall Street insider to know which stocks Buffett and Berkshire Hathaway are investing in. Every three months, the Securities and Exchange Commission make ...

核心观点 - 公司宣布董事会已授权对多种优先股支付定期现金股息 [1] 优先股股息详情 - 7.25%非累积永久可转换优先股系列L，每股或每存托股股息为18.125美元，记录日期为1月1日，支付日期为1月30日 [1] - 5.875%非累积优先股系列HH，每股或每存托股股息为0.3671875美元，记录日期为1月1日，支付日期为1月24日 [1] - 固定到浮动利率非累积优先股系列MM，每股或每存托股股息为21.50美元，记录日期为1月1日，支付日期为1月28日 [1] - 4.375%非累积优先股系列NN，每股或每存托股股息为0.2734375美元，记录日期为1月15日，支付日期为2月3日 [1] - 4.125%非累积优先股系列PP，每股或每存托股股息为0.2578125美元，记录日期为1月15日，支付日期为2月3日 [1] - 4.375%固定利率重置非累积优先股系列RR，每股或每存托股股息为10.9375000美元，记录日期为1月1日，支付日期为1月27日 [1] - 6.125%固定利率重置非累积优先股系列TT，每股或每存托股股息为15.3125000美元，记录日期为1月1日，支付日期为1月27日 [1] 公司概况 - 公司是全球领先的金融机构，为个人消费者、中小企业和大企业提供全方位的银行、投资、资产管理和其他金融及风险管理产品和服务 [2] - 公司在美国提供无与伦比的便利，拥有约3700个零售金融中心，约15000台ATM机，以及拥有约5800万验证数字用户的获奖数字银行 [2] - 公司是全球财富管理、企业和投资银行以及跨资产类别交易的领导者，为全球的公司、政府、机构和个人提供服务 [2] - 公司通过一系列创新、易于使用的在线产品和服务，为约400万小企业家庭提供行业领先的支持 [2] - 公司通过在美国及其领地和超过35个国家的运营为客户提供服务 [2]