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Press Releases

GDP... gross domestic problem?

Ethan Harris, BofA Merrill Lynch, weighs in on first quarter GDP data and shares his thoughts on the U.S. economy.


BofA shareholders approve pay for top executives

Bank of America's board had recommended voting against the proposal, as had proxy advisory firms Institutional Shareholder Services and Glass, Lewis& Co.. Among speakers at the meeting was CLSA bank analyst Mike Mayo, a frequent critic of the bank. Mayo said the bank's independent directors were not holding Chief Executive Brian Moynihan and his management...

Source: Reuters

ECB leaves rates unchanged

Gilles Moec, BofA Merrill Lynch, provides his thoughts on ECB monetary policy and Mario Draghi's game plan.


Range of issues ECB must address: Strategist

Barnaby Martin, MD and European credit strategist at BofA Merrill Lynch Global Research, discusses what the ECB has to do to develop its quantitative easing program.


Is the housing recovery on track?

Michelle Meyer, BofA Merrill Lynch provides insight to the housing market as spring buying season appears to get off to a slow start.


Why it’s time to get bullish on emerging markets: BofA

Bank of America Merrill Lynch is ending a five-year-long bearish call on Asia and emerging market equities, turning fully bullish.


Higher $40s ahead for oil: BofA

After the meeting between oil Ministers where no deal was made on a potential crude production freeze, Francisco Blanch, BofA Merrill Lynch, discusses the dynamics of oil supply and demand.


3D Systems rises after BofA upgrade

Shares of 3D Systems popped more than 10 percent after Bank of America Merrill Lynch upgraded the stock from "underperform" to "buy."


UPDATE 3-Bank of America hit by weak trading, provisions for energy loans

*1st qtr EPS 20 cents, matching market estimate. The bank's revenue also fell short of Wall Street's expectations, as adjusted revenue from bond, currency and commodities trading slid 17.5 percent to $2.26 billion. Charlotte, North Carolina- based BofA, one of the biggest U.S. lenders to the oil and gas industry, said total provisions rose 30 percent to $997 million...

Source: Reuters

Citi, BofA shares ‘could double’ in 2 years: Bove

Citigroup and Bank of America offer significant value and could double in value over the next two years, Dick Bove told CNBC on Thursday.