Major U.S. lenders lowered a key interest rate on Wednesday, providing U.S. consumers a reprieve on borrowing costs, after the Federal Reserve cut interest rates for the first time this year. ...

SUBSCRIBE | FastCo Works LOGIN advertisement BY Lance Lambert Listen to this ArticleMore info 0:00 / 0:00 Want more housing market stories from Lance Lambert's ResiClub in your inbox? Subscribe to the ResiClubnewsletter. Last week, the average 30-year fixed mortgage rate tracked by Freddie Mac hit a calendar-year low of 6.35%. It's likely this week's reading could come in even lower given that the daily rate reported by Mortgage News Daily was 6.13% on Tuesday. In recent months, the average 30-year fix ...

在美国银行将一些高管提升至新岗位、以增加其管理经验并引发外界对继任问题的关注之际，首席执行 官Brian Moynihan表示，他本人没有短期内离任的打算。 来源：环球市场播报 上周，美国银行将全球市场主管Jim DeMare和地区银行业务总裁Dean Athanasia晋升为联席总裁，这是 自2021年以来该行最大的一次领导层调整之一。此次人事变动赋予了上述两人更多责任，也缩小了 Moynihan潜在继任者的范围。美国银行还赋予首席财务官Alastair Borthwick更多职责，任命其为执行副 总裁。 Moynihan是美国大型银行中任职时间最长的首席执行官之一，自2010年上任以来，带领美国银行渡过 了2008年金融危机的余波。15年后的今天，他表示打算继续留任，最近在上周五还称希望继续担任这一 职务一直到本十年末。 "从长远来看，我和管理团队对董事会负有的一项职责，就是培养一批有经验、未来能够领导这家公司 的候选人，" Moynihan周三在接受采访时表示。"我在短期或中期内都不会离开，但建立这一体系并让 人们适应公司的规模和体量需要时间。" ...

(Bloomberg) -- Bank of America Corp. will increase its minimum wage to $25 an hour next month, the final step in a long-term goal the company set several years ago. The move bumps pay up from $24, a level put in place last October, the company said Tuesday. It translates to a full-time annualized salary of more than $50,000 and applies to all full-time and part-time hourly positions in the US. The change continues a series of hikes lifting the firm’s base pay from $15 in 2017. “What that gives a teammate ...

Neils ChristensenNeils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada. He has worked exclusively within the financial sector since 2007, when he started with the Canadian Economic Press. Neils can be contacted at: 1 866 925 4826 ext. 1526 nchristensen at kitco.com @Neils_cShareDisclaimer: The views expressed ...

Today, uh, we're announcing $25 an hour, which is $50,000 for a starting salary across the country, um, and higher in some places where the prevailing wages are higher, obviously. But that what that gives the teammate a chance to join our company, spend their whole career here, and support their families. So, not only is it the the $25 an hour minimum starting wage, it's the benefit structure, which is a a full 401k match, a full benefit cost that we for the teammates in the brackets of $25 an hour.We basic ...

WASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent previously agreed to occupy two different houses at the same time as his "principal residence," Bloomberg News reported, an agreement similar to one President Donald Trump has called mortgage fraud in his unprecedented bid to fire Federal Reserve Governor Lisa Cook. The Bloomberg report, published Wednesday, cites Bessent's mortgages with lender Bank of America and his pledge in 2007 to primarily occupy homes in New York and Massachusetts. Mortg ...

本文由 AI算法生成，仅作参考，不涉投资建议，使用风险自担 【9月17日美国银行莫伊尼汉称短期内不卸任，还谈及美联储降息】9月17日，美国银行莫伊尼汉透露短 期内不会卸任。同时，该行提拔高管担任新职，积累更多经验，引发外界对其继任问题猜测。 莫伊尼 汉是美国大型银行任职最长者之一，2010年上任，助力美国银行在2008年金融危机后重建。上周五，他 表示希望在2030年底前继续留任。 莫伊尼汉今日称，美联储须根据通胀形势调整，已降息100个基点， 可能继续降息，但要密切关注通胀风险。 ...

(Bloomberg) -- A resurgence in capital raising is pumping up one of Wall Street’s biggest bulls. Wells Fargo & Co.’s Mike Mayo hiked his price targets for some of the largest US lenders with a prediction that activity would hit record levels this year and next. The analyst raised estimates and price targets on money center banks JPMorgan Chase & Co., Citigroup Inc., Morgan Stanley, Goldman Sachs Group Inc. and Bank of America Corp. by as much as 14%. Big US banks are set to “benefit from scale, deregulati ...

(Bloomberg) -- Bank of America Corp. Chief Executive Officer Brian Moynihan said he isn’t leaving his post anytime soon as the bank elevates executives to new roles that will give them more experience, sparking questions about succession for the long-time leader.  “Long term, one of the duties that I and the management team owe the board of directors is a series of candidates that have the experience to run this company over time,” Moynihan said in a Bloomberg Television interview Wednesday. “I’m not goin ...