BofA Impacted by Charge-Offs for Soured Loans
April 16, 2024
32 min
Full
4,053 of 5,353
April 16, 2024
BofA Impacted by Charge-Offs for Soured Loans
0:00 / 32:48
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Bloomberg Originals Episodes Around April 16, 2024
Episode 4,053 of 5,353 — walk the feed in the order it was published.
32:48This episodeBofA Impacted by Charge-Offs for Soured Loans
Summary
<p>Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>. <br />Bloomberg Intelligence Senior Global Banks Analyst Alison Williams discusses Bank of America reporting elevated expenses and charge-offs for soured loans that were higher than analysts expected, failing to satisfy investors with a gain in its trading business. Cheryl Pate, Senior Portfolio Manager at Angel Oak Capital, shares her thoughts on bank earnings. Bloomberg Businessweek Global Economics Editor Cristina Lindblad provides the details of the Businessweek story A Resilient Global Economy Masks Growing Debt and Inequality. And we Drive to the Close with Jimmy Lee, CEO at Wealth Consulting Group. <br />Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.</p><p>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.</p>
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