03:31:54
Chief Financial Officer of Bank of America: As of now, investment banking business is expected to grow by 10-15% year-on-year. Trading revenue will be "flat" based on the strong performance of equity markets in the first quarter.
03:31:25
Spot gold fell back below $2,140 per ounce, falling more than $12 from its high point.
03:24:45
Market news: Nine Republican-led states said they would sue the U.S. Securities and Exchange Commission over decisions related to climate risk disclosure rules. The U.S. Securities and Exchange Commission previously approved climate risk disclosure rules in a 3-2 vote.
03:18:53
New York Community Bank (NYCB.N): Investors include hedge fund Citadel.
03:17:03
The Dow turned lower after rising nearly 0.7%.
03:16:09
Bank of America CFO: Loan growth got off to a slow start in the first quarter.
03:15:24
New York Community Bank (NYCB.N): Will sell and issue shares at $2 per share.
03:13:29
New York Community Bank (NYCB.N): Hudson Bay will invest $250 million and Reverence will invest $200 million. The transaction is expected to close around March 11.
03:12:35
New York Community Bank (NYCB.N) announced the appointment of Joseph Otting as chief executive officer.
03:07:09
Market news: Investors in New York community banks include Liberty Strategic, Hudson Bay and Reverence.
03:06:27
Market News: New York community bank raises more than $1 billion in equity financing.
03:04:49
Bank of America CFO: Fed is winning the battle against inflation. Consumer spending is normalizing, consistent with the economic slowdown. Consumer asset quality remains quite good.
03:04:05
Federal Reserve Beige Book: Ongoing shipping disruptions in the Red Sea and Panama Canal had no significant impact on businesses during the reporting period.
02:54:15
Market News: South Africa urges the World Court to immediately order new measures without holding hearings under "extreme emergencies".
02:35:19
Governor of the Central Bank of Egypt: We will leave the exchange rate to the market, but the central bank of any country has the ability to intervene when there are unreasonable fluctuations.
02:33:33
Governor of the Central Bank of Egypt: Egypt is working hard to become self-sufficient in foreign exchange.
02:30:39
Spot gold hit $2,150 per ounce, up 1.05% on the day, continuing to set a new all-time high.
02:29:22
The Federal Reserve accepted a total of $456.847 billion from 68 counterparties in fixed-rate reverse repurchase operations.
02:29:01
USD/CAD fell to 1.35, down 0.67% on the day.
02:13:00
SpaceX: The third Starship flight test will take place as early as March 14.