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Bank of America’s head reiterated China’s economic competitiveness, noting that’s why "the level-playing-field question becomes important." "We have a great company. We'll beat anybody.
Barclays and UBS both cut their 2022 GDP growth forecasts for China this week to 8% and 7.6%, respectively, but no Wall Street firm is more pessimistic on China than Bank of America.
Bank of America cut its China growth forecast on Tuesday in response to intensifying troubles at property giant Evergrande, a fresh COVID outbreak and a widespread regulatory squeeze, going beyond ...
The CEOs of JPMorgan and Bank of America are resisting a demand by US lawmakers to withdraw from underwriting this week’s $4 billion IPO for a China-based Hong Kong electric car battery company ...
China's iPhone ban could disrupt millions of units, analyst says. Bank of America's analysis sheds light on the potential consequences of China's decision for Apple. Get the Strategy to Trade Pre ...
Bank of America Corp.'s decision to spend roughly $1.87 billion to boost its stake in China Construction Bank may be an indication that the company's capital level is holding up and that it may not ...
Bank of America has sold its remaining stake in China Construction Bank for US$1.47 billion, marking the end of an era for Wall Street banks that invested in top Chinese banks in the last decade ...
Bank of America's payments business has been a key focus over the last few years as more and more financial institutions make payments a central part of their business strategy.. The Charlotte-based ...
HONG KONG (Reuters) – Bank of America China has hired Wenjie Zhang as managing director and president, according to a memo seen by Reuters. Zhang will be based in Shanghai and will be appointed ...