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Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
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EM Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
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G10 Markets
G10 Markets
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Emerging Markets
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Commodities
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Credit
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Data
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Global Macro
Global Macro
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessHighlights of Bank of America earnings: - The....>
US: Highlights of Bank of America earnings:
- The drop in net interest income was partially offset by loan and deposit
growth
- Sales and trading revenues were up 28%, with FICC up 50% and equities up 7%
- IB fees were up 57% to hit record levels
On the US consumer:
- Processed around 1.8mln payment deferrals for credit cards, auto loans, small
biz loans and mortgages. 92% of the deferral requests they receive are for
credit cards
- In week ending June 28th, deferral requests were down 98% from their early
April peak
- In last three weeks of June, debit spending was up 10% on average and
continued at higher levels into 4th July holidays
- Credit spending has been slower to improve, with BAC highlighting more likely
to be spent on travel and entertainment
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.