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In a note to clients on Sunday, Bank of America's US equity and quantitive strategy team led by Savita Subramanian boosted its year-end target for the S&P 500 to 5,400 from 5,000.
NEW YORK (Reuters) -Bank of America's profit shrank in the fourth quarter, hurt by $3.7 billion in one-off charges and a slide in interest income as it paid more to hold on to customer deposits.
Bank of America said its first-quarter profits fell 18%, as the bank dealt with rising expenses due to the impact of higher interest rates. BofA had to make a one-time $700 million payment to the ...
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35 feet (11 m) The Bank of America Center, also known as the Bank of America Financial Center and One Financial Center, is located at 101–177 Southwest Morrison Street in Portland, Oregon, United States. Construction began in 1985 and was completed in 1987. [1] The 18-story building has 350,000 feet of office space. [2]
Bank of America posted a 10% rise in third quarter profits Tuesday, helped by higher interest rates that allowed the bank to charge more for loans at the same time that it kept expenses under control.