Foreign banks face new EU set-up to allow more scrutiny [Reuters]
Bank of America Corporation (BAC)
Last bank of america corporation earnings: 4/15 06:45 am
Check Earnings Report
US:NYSE Investor Relations:
investor.bankofamerica.com
Company Research
Source: Reuters
Foreign banks face new EU set-up to allow more scrutiny | Reuters 3 Min Read LONDON, Sept 4 (Reuters) - Nineteen foreign banks in the European Union will need to set up new holding companies so that regulators can scrutinise them more closely, an EU discussion paper says, mirroring steps taken by the United States. The European Commission proposed last November that banks headquartered outside the bloc consolidate their EU activities under an “intermediate parent undertaking” or IPU in response to U.S. moves to require foreign banks to set up such companies. The commission, which is the EU’s executive, has now fleshed out its thinking and has made a preliminary estimate that 19 foreign banks will have to set up an IPU. Between them they operate via 53 subsidiaries and 53 branches, with 35, more than a third of the total, in Britain alone. Britain leaves the bloc in March 2019, which makes having a “proper framework” for supervising non-EU banking operations “even more relevant”, a dis
Show less
Read more
Impact Snapshot
Event Time:
BAC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BAC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BAC alerts
High impacting Bank of America Corporation news events
Weekly update
A roundup of the hottest topics
BAC
News
- Lutnick Lands Wall Street Giants for His Futures Fight With CME [BNN Bloomberg (Canada)]BNN Bloomberg
- Union with little inroads at banks tries to organize Wells Fargo workers in Charlotte [Yahoo! Finance]Yahoo! Finance
- Ex-Banker Fixing Americanas' $5 Billion Fraud Aims For ‘Equally Distributed' Pain [Yahoo! Finance]Yahoo! Finance
- Ex-Banker Fixing Americanas' $5 Billion Fraud Aims For 'Equally Distributed' Pain [Financial Post (Toronto, Ontario, Canada)]Financial Post
- UIICore unveiling / ECCMID announcement Analyst Targets [Yahoo! Finance]Yahoo! Finance
BAC
Earnings
- 4/16/24 - Beat
BAC
Sec Filings
- 4/24/24 - Form 424B2
- 4/24/24 - Form NPORT-P
- 4/24/24 - Form NPORT-P
- BAC's page on the SEC website