Bank of America Corporation (BAC)

traders view logo Charts by TradingView

Pricing is indicative. Past performance is not a reliable indicator of future results. Log in to see latest markets data.

Bank Of America Corp. Profile

Bank Of America Corp. (BAC.xnys) is an American multinational investment bank and financial services holding company headquartered in North Carolina, the United States. Bank of America Corp. was formed following NationsBank's acquisition of BankAmerica in 1998, and it’s currently the eighth-largest bank globally with a market cap of $319.9B (USD). BOA’s primary financial services revolve around commercial banking, wealth management, and investment banking. Bank of America’s large market share, economic impact, and activities have led to several lawsuits and investigations regarding mortgages and financial disclosures dating back to the 2008 financial crisis. A decade later, the bank was awarded as "World's Best Bank" by the Euromoney Institutional Investor in their 2018 Awards for Excellence. Recently, BOA has increased its common stock dividend to $0.21 (USD). China’s moves to rein in the nation’s influential tech firms have sent investors fleeing on concerns over tighter grips on data while relations with the States remain difficult. Bank of America Corp strategists wrote last week that the regulatory overhang is unlikely to loosen anytime soon, instead recommending investors rotate into tech companies outside China. The index plunged as much as 5.4% on Monday as a selloff in Chinese private education companies deepened after Beijing announced a sweeping overhaul that threatens to up-end the $100B (USD) sector and jeopardize billions of dollars in foreign investment. New Oriental Education & Technology Group Inc. had a freefall of 40%, extending Friday’s record 41% fall. The Bank of America Inc. is included in the recent EU ban of ten banks from bond sales.

Holding cost
Long
-5%
Short
-2.5%
Trading hours in US Eastern Time
Fri
09:30-16:00
Mon
09:30-16:00
Tue
09:30-16:00
Wed
09:30-16:00
Thu
09:30-16:00
Sun
Closed
Sat
Closed

Share CFD Trading FAQ

Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange, and indices.

Why Trade Bank of America Corporation (BAC) with FP Markets? An Australian-regulated forex & CFD broker
go long or short
Go Long or Short

Increase your ability to profit in
all market conditions
Leverage options up to 20:1

direct market access
Direct Market Access (DMA) Execution

Real-time, transparent share prices
Control, Functionality and deep liquidity
Full Market depth & see your orders in the queue

advanced platforms
Advanced Platforms
& Technology

MT4, MT5, Webtrader & Iress with
superior client portal

24/5 Multilingual customer support
24/5 Multilingual
Customer Support

Award winning support &
personal account managers

global exposure
Global Exposure

Low margins and competitive commission
+10,000 products on global stocks
across 4 continents

earn dividends
Earn Dividends

On long positions
No ownership of physical
shares necessary

Start Trading
in Minutes

bullet Access 10,000+ financial instruments
bullet Auto open & close positions
bullet News & economic calendar
bullet Technical indicators & charts
bullet Many more tools included

By supplying your email you agree to FP Markets privacy policy and receive future marketing materials from FP Markets. You can unsubscribe at any time.




Source - database | Page ID - 281

Get instant Updates in Telegram