Bank of America ( BAC) just sent a clear message to Washington following renewed talk of capping credit-card interest rates ...
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Bank of America fires off blunt warning on interest-rate cap push
President Donald Trump's push to cap credit card interest rates at 10% for one year has collided head‑on with Wall Street's ...
Bank of America beat Q4 estimates, but BAC stock fell pre-market as Fed, IB weakness and card-rate cap risks grow.
A September 20205 analysis by Vanderbilt University found that a 10% cap “would produce over $100 billion in annual savings.” ...
Bank of America (BAC) is well-positioned for a declining interest rate environment, with strong net interest income growth and healthy loan expansion. BAC's net interest margin surpassed 2% for the ...
Wall Street is seeing positive results as big banks report increased profits. Bank of America, Citigroup, and Wells Fargo ...
Bank of America generated better-than-expected earnings and revenue for its fourth fiscal quarter: the Wall Street bank ...
President Donald Trump has called on the credit card industry to cap interest rates at 10% and gave companies until today to ...
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