Saeed Azhar

New York

U.S. Banking Correspondent at Reuters

U.S. banking correspondent for Reuters, covering some of Wall Street's biggest banks.

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Articles

US CFPB ends monitoring of BofA over mortgage reporting case

5 days ago | today.westlaw.com | Niket Nishant |Saeed Azhar |Maju Samuel

(Reuters) -The U.S. Consumer Financial Protection Bureau has closed an oversight agreement with Bank of America tied to allegations that the lender submitted inaccurate mortgage data, according to a filing dated earlier this month.
Investors react to US attack on Iran nuclear sites

6 days ago | usatoday.com | Saeed Azhar |Suzanne McGee

President Donald Trump on Saturday said that a "very successful attack" on three nuclear sites in Iran had been carried out. In a posting on Truth Social, Trump added, "All planes are safely on their way home" and he ended his posting saying, "Now is the time for peace."Following are comments from some financial and corporate analysts:"I think the markets are going to be initially alarmed and I think oil will open higher. We donâ€™t have any damage assessment and that will take some time.
ＢｏｆＡ、第2四半期トレーディング収入は1桁台半ばの伸びに＝ＣＥＯ

2 weeks ago | jp.reuters.com | Saeed Azhar |Arasu Kannagi Basil

６月１１日、米大手銀行バンク・オブ・アメリカ（ＢｏｆＡ）のブライアン・モイニハン最高経営責任者（ＣＥＯ）は投資家向け会議で、第２・四半期のトレーディング収入は１桁台半ばの伸びに達するとの見通しを示した。想定通りなら、１３期連続のプラスとなる。ニューヨークで２０１９年１月撮影（２０２５年ロイター/Carlo Allegri） [ニューヨーク１１日ロイター] - 米大手銀行バンク・オブ・アメリカ（ＢｏｆＡ）(BAC.N), opens new tabのブライアン・モイニハン最高経営責任者（ＣＥＯ）は１１日の投資家向け会議で、第２・四半期のトレーディング収入は１桁台半ばの伸びに達するとの見通しを示した。想定通りなら、１３期連続のプラスとなる。一方モイニハン氏は、投資銀行関連手数料収入は前年同期の１６億ドルから１２億ドル前後に減少する公算が大きいと予想。「われわれが望む水準ではないが、非常に保守的な見積もりだ」と述べた。今年に入って企業合併・買収（Ｍ＆Ａ）活動は鈍化している。トランプ米大統領が打ち出した関税措置が市場に混乱をもたらし、経済成長の減速懸念が生じているためだ。...
BofA CEO Expects Trading Gains For 13th Straight Quarter While Investment Banking Slips

2 weeks ago | thewealthadvisor.com | Saeed Azhar |Arasu Kannagi Basil |Rod Nickel

(Reuters) - Bank of America expects its trading revenue to grow by a mid-single-digit percentage this quarter, the 13th consecutive gain, CEO Brian Moynihan said on Wednesday. By contrast, investment banking fees are likely to fall to about $1.2 billion in the second quarter from $1.6 billion a year earlier, he told investors at a conference. That is "not where we want to be, but great prospects, great conversations," Moynihan said.
BofA CEO expects trading gains for 13th straight quarter while investment banking slips

2 weeks ago | marketscreener.com | Saeed Azhar |Arasu Kannagi Basil

Published on 06/11/2025 at 11:28, updated on 06/11/2025 at 12:58NEW YORK (Reuters) -Bank of America expects its trading revenue to grow by a mid-single-digit percentage this quarter, the 13th consecutive gain, CEO Brian Moynihan said on Wednesday. By contrast, investment banking fees are likely to fall to about $1.2 billion in the second quarter from $1.6 billion a year earlier, he told investors at a conference.
US stocks end up on jobs data and China hopes

2 weeks ago | thewest.com.au | Saeed Azhar |Kanchana Chakravarty |Sukriti Gupta

US stocks closed higher on Friday after a better-than-expected jobs report calmed worries about the economy, while Tesla bounced, clawing back some losses from a sharp plunge the previous session. The S&P 500 closed above 6,000 for the first time since February 21, fuelled by gains in technology shares. Investors cheered news citing President Donald Trump as saying three cabinet officials will meet representatives of China in London on June 9 to discuss a trade deal.
Wall Street stocks rise on jobs data; Tesla bounces

3 weeks ago | ca.marketscreener.com | Saeed Azhar |Kanchana Chakravarty |Sukriti Gupta

Published on 2025-06-06 at 06:27, updated on 2025-06-06 at 14:34NEW YORK (Reuters) -U.S. stocks rose on Friday after a better-than-expected jobs report calmed worries about the economy, while Tesla bounced, clawing back some losses from a sharp plunge the previous session and technology stocks kept rising. Data showed nonfarm payrolls increased by 139,000 jobs last month after rising by a downwardly revised 147,000 in April.
Wall Street: Wall Street supported by US Employment and Hopes on Trade

3 weeks ago | newsbulletin247.com | Saeed Azhar |Kanchana Chakravarty |Sukriti Gupta

by Saeed Azhar, Kanchana Chakravarty and Sukriti GuptaNEW YORK (Reuters) – The New York Stock Exchange ended up on Friday, the monthly employment report in the United States having appeased part of the fears about the evolution of the American economy, while Tesla rebounded after the fall of the day before due to the spectacular divorce between her boss Elon Musk and American President Donald Trump.
Wall Street: Wall Street down, sealed by the Trump-Musk quarrel

3 weeks ago | newsbulletin247.com | Saeed Azhar

by Saeed AzharNEW YORK (Reuters) – The New York Stock Exchange ended up on Thursday, after a hectic session, while public tensions between Donald Trump and Elon Musk have plunged Tesla, whose billionaire is the owner, and erased the successive gains in the discussion between the President and his Chinese counterpart Xi Jinping. The Dow Jones index sold 0.25%, or 108.00 points, to 42,319.74 points. The wider S & P-500 lost 31.51 points, or 0.53%, to 5,939.30 points.
ゴールドマン、関税発表後にリスクポジション縮小不確実性に備え

3 weeks ago | jp.reuters.com | Saeed Azhar

米ゴールドマン・サックスのジョン・ウォルドロン社長は、トランプ大統領が４月に広範な関税措置を発表以降、同社がリスクポジションを控えめにし、さらなる不確実性に備えていると明らかにした。ニューヨーク証券取引所で５月撮影（２０２５年ロイター/Brendan McDermid） [ニューヨーク５日ロイター] - 米ゴールドマン・サックス(GS.N), opens new tabのジョン・ウォルドロン社長は、トランプ大統領が４月に広範な関税措置を発表以降、同社がリスクポジションを控えめにし、さらなる不確実性に備えていると明らかにした。５日に同社が公開したポッドキャストで、「４月２日以降、リスクポジションを控えめにしている。賢明な判断だと思っている」と語った。ゴールドマンは今後数カ月間、不透明な状況が続くことに備えているとし、それは高水準の流動性を維持することを意味する述べた。関税引き上げは「非常に破壊的」だったと指摘。一部の企業は現在、関税が１０─１５％に引き上げられるという想定に基づきビジネス上の決断を下し始めていると語った。...