Bank of America Corporation (NYSE:BAC) ranks among the hot stocks to invest in right now. On September 9, TD Cowen confirmed its Buy rating on Bank of America Corporation (NYSE:BAC) and set a price target of $54, citing the bank’s positive earnings forecast. The firm emphasized Bank of America’s advantageous position, which it says is based on the strength of net interest income (NII) and potential fee growth. Pixabay/Public Domain TD Cowen reported that BofA CFO Alastair Borthwick gave a “consistent to ...

Westpac, an Australian multinational banking and financial services company, plans to axe 200 teller jobs across its branch network and redeploy those resources into home and business lending roles, The Australian Financial Review (AFR) has reported. The bank attributed the change to growing customer use of its mobile app, online banking and ATMs. "This year we've invested in our digital-first strategy to support our customers' changing needs and our digital citizens focus," Westpac ail banking general m ...

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