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Bank of America Corporation belongs to the “Financial” sector

Bank of America Corporation belongs to the “Financial” sector picture-12489-310x165

  Key Statistics: The stock added in the prior trading session by 1.45%, closing at the stock price of $23.07. Currently, the market capitalization of Bank of America Corporation (BAC) is 230.97 Billion. Bank of America Corporation (BAC) belongs to the “Financial” sector with an industry focus on “Money Center …

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Saudi’s National Commercial Bank Q1 net profit of QR91.2 mn

Saudis National Commercial Bank Q1 net profit of QR91.2 mn picture-12444-310x165

[nL8N1HH04P] NCB’s total operating income climbed by 2.9 percent during the quarter as a result of higher trading income, income from investments and gains on non-trading investment. Shutterstock photoUPDATE 1-Saudi’s National Commercial Bank Q1 net profit up 2.7 pct (Adds context, detail) DUBAI, April 18 (Reuters) – Saudi Arabia’s National …

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Fosun International Ltd has 28% rise profit for 2016

Fosun International Ltd has 28% rise profit for 2016 picture-11720-310x165

Fosun International Ltd. (0656.HK) said 2016 net profit rose 28% from a year earlier, thanks in part to lower taxes. The Chinese conglomerate said its net profit for the year ended Dec. 31 rose to 10.27 billion yuan (US$1.49 billion) from CNY8.04 billion a year earlier, while its 2016 revenue …

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cryptocoinsnews : Singapore’s Central Bank Completes Blockchain Payments Pilot, Nods at Digital Currency

cryptocoinsnews : Singapore’s Central Bank Completes Blockchain Payments Pilot, Nods at Digital Currency picture-11246-310x165

referring to The Monetary Authority of Singapore (MAS), the nation’s central bank, has successfully completed its blockchain inter-bank payments proof-of-concept (PoC) project. The blockchain inter-bank platform works is with banks depositing cash as collateral in exchange for central-bank issued digital currency. The second project focuses on new methods to conduct …

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