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Bank of America second quarter profits fall 19%

2016-07-18 17:03:02| BBC News | Business | UK Edition

Bank of America reports a steep drop in profit for the second quarter, as persistently low interest rates hurt the firm's loan business.

Tags: america fall bank quarter

 

US bank buys new office block in London

2016-07-18 15:21:56| BBC News | Business | UK Edition

Wells Fargo, one of the biggest banks in the US, agrees to buy an office block in the City of London.

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Bank of England economist says sledgehammer needed for economy

2016-07-15 13:26:54| BBC News | Business | UK Edition

The Bank of England's chief economist says the economy needs a sledgehammer and supports easing monetary policy as soon as August following the decision to leave the EU

Tags: needed bank england economy

 

FTSE 100 higher ahead of Bank decision

2016-07-14 10:36:29| BBC News | Business | UK Edition

UK shares and the pound rise ahead of the latest announcement from the Bank of England, which is widely expected to cut interest rates.

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One Big Small Bank Reason to Worry About U.S. Commercial Real Estate

2016-07-11 17:03:00| National Real Estate Investor

Tracy Alloway Now the concern is that banks won't be able to fund the $400 billion worth of CRE loans that need to be refinanced in 2017 alone as financial regulators step up their scrutiny of the sector. read more

Tags: real small big estate

 

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