Investment / Business Standard
The third-largest US lender's dealmakers joined rivals at JPMorgan Chase and Wells Fargo in benefiting from a rebound in capital markets as corporate clients issued more debt and equity
The Wall Street giant's gains echoed those at rival JPMorgan Chase and Citigroup, which also cashed in on debt and equity offerings as clients' economic confidence improved
BofA's investment banking fees jumped 18 per cent to $1.4 billion, compared with a year earlier, bolstered by a rebound in activity in recent months
Aurionpro Solutions said that it has bagged a multi-million dollar deal in the digital banking transformation space with a leading bank in Saudi Arabia.
Experts say resurgence in China markets could weigh on markets, FPI flows
The banking correspondence authorisation is due to expire on Oct. 31, posing risks to export and import transactions valued at nearly $10 billion, Treasury officials have said