bank-of-america - Latest News on bank-of-america | Read Breaking News on Zee News
Consensus bullishness risk to Dalal Street: BofA-ML

Consensus bullishness risk to Dalal Street: BofA-ML

Last Updated: Tuesday, July 22, 2014, 22:32

The brokerage said it met nearly 60 global investors over the past two weeks, and all are overweight on the country.

BRICS bank opens cooperation opportunities with S America: PM

Last Updated: Thursday, July 17, 2014, 09:13

Prime Minister Narendra Modi has said the establishment of the BRICS development bank opens up newer opportunities of cooperation with nations of South America.

Bank of America offers $13 bn in mortgage-securities settlement

Last Updated: Thursday, July 17, 2014, 08:34

The Department of Justice, however, has demanded $17 billion from the bank, US media reported.

Infosys seeks revival with more tech investments, staff

Last Updated: Friday, July 11, 2014, 18:30

India`s second largest IT services provider Infosys Ltd said on Friday it would boost investment in cloud computing, smartphone apps and other new technologies to win more high-margin outsourcing contracts.

Half of Americans can't go a day without cell phone: survey

Last Updated: Wednesday, July 02, 2014, 16:51

The Bank of America Trends in Consumer Mobility Report was based on telephone surveys of 1,000 smartphone users.

Reforms to drive Sensex to 27,000 at year end: BofAML

Last Updated: Tuesday, July 01, 2014, 22:32

Reforms by the Modi government are expected to drive the benchmark stock market index to a year-end target of 27,000 points, a US brokerage said.

Govt may cut 2% import duty on gold in budget: BoAML

Last Updated: Sunday, June 29, 2014, 18:58

The union government is expected to cut two percent import duty in gold in the forthcoming budget, as local jewellers run out of inventory, a leading US brokerage said.

Global investors pull $600 million from stock funds: BofA

Last Updated: Saturday, June 28, 2014, 00:17

Fund investors worldwide pulled USD 600 million out of stock funds in the week ended June 25 on concerns surrounding European growth, data from a Bank of America Merrill Lynch Global Research report showed on Friday.

BofA could pay at least $12 bn to settle US probes: Report

Last Updated: Friday, June 06, 2014, 08:10

Bank of America Corp could pay more than USD 12 billion to settle probes by the US Justice Department and a number of states into the bank`s alleged handling of shoddy mortgages, the Wall Street Journal said,.

RBI needs to buy $80 bn by Mar `16 to keep 8 months import cover

Last Updated: Thursday, May 01, 2014, 21:06

The Reserve Bank will have to buy forex reserves to the tune of USD 80 billion by March 2016 if it were to at least maintain the current eight months' import cover, says the US brokerage Bank of America-Merrill Lynch.

Rural demand to remain tepid this fiscal: Report

Last Updated: Sunday, April 27, 2014, 13:48

Rural demand will continue to remain subdued for some time due to the deceleration in farm income, says a report.

Poor rains may wash out 50-75 bps from GDP growth: BofA-ML

Last Updated: Friday, April 25, 2014, 20:09

A below-normal monsoon can bring down India's GDP growth by 0.50-0.75 percent this financial year, forcing the Reserve Bank to delay rate cuts to 2015, Bank of America-Merrill Lynch (BofA-ML) said Friday.