Silver Set to Shine: Citigroup Analysts Forecast $30 Value in Next 6-12 Months
Citigroup analysts foresee a major improve in silver’s worth, probably hitting $30 per unit inside the subsequent 6-12 months, in response to the multinational financial...
Investors Seek Refuge in Cash as Recession Fears Mount, BOFA Survey Reveals
Investors, affected by mounting pessimism, have sought refuge in money, based on a current survey performed by Bank of America. The survey highlights a notable...
Bank of America Strategist Predicts Gold Could Reach $2,500 per Ounce in 2023
A Bank of America (BOFA) commodity strategist has postulated that gold, ought to it proceed to flourish in 2023, might pave the best way for...
First Republic Bank’s Shares Downgraded to Junk Status by S&P Global; Stock Slides More Than 25% Lower
After UBS acquired Credit Suisse and near a dozen monetary establishments injected $30 billion into First Republic Bank 4 days in the past, S&P Global...
US Bank Outflows and Concerns Mount: 11 Banks Bail Out First Republic Bank From Collapse
After the autumn of Silvergate Bank, Silicon Valley Bank (SVB), and Signature Bank (SNBY), First Republic Bank, a industrial financial institution and wealth administration providers...
Bank of America Expects the Fed to Keep Hiking Rates Until ‘Point of Pain’ for Consumer Demand
Bank of America has warned that the Federal Reserve must hold elevating rates of interest till it finds “the point of pain for consumer demand.”...
Bank of America, Goldman Sachs, JPMorgan, UBS Share Predictions About Further Fed Rate Hikes
Bank of America, Goldman Sachs, JPMorgan, and UBS have shared their predictions in regards to the Federal Reserve elevating rates of interest additional. Bank of...
Bank of America Is Preparing for Possible US Debt Default, Says CEO Brian Moynihan
Bank of America is getting ready for a attainable U.S. debt default, says CEO Brian Moynihan. He isn’t a fan of eliminating the debt ceiling...
JPMorgan CEO Says BTC Is Fraudulent, a ‘Pet Rock;’ Bank of America Says CBDCs Are ‘Natural Evolution’ — Bitcoin.com News Week in Review
JPMorgan CEO Jamie Dimon has reiterated his supposed skepticism of bitcoin, lately calling it a “hyped-up fraud,” and a “pet rock.” For it’s half, Bank...
Bank of America: ‘Digital Currencies Appear Inevitable’
Bank of America says “digital currencies appear inevitable,” including that central financial institution digital currencies (CBDCs) and stablecoins are “a natural evolution of today’s monetary...