Bank of america investing saw institutional buying swell in the

Bank of America investing saw institutional buying swell in the past two weeks, with 12 hedge funds increasing stakes, reflecting confidence in the bank’s fixed-income trading desk performance. The White House is preparing an executive order that would penalize banks, including Bank of America, if they are found to have dropped customers due to political reasons. Federal regulators are being directed to investigate any potential violations related to this issue. Private investments involve significant risks, including those associated with companies with a limited operating history, securities that do not have a liquid market, and investments that are difficult to value. They are only appropriate for investors with substantial knowledge and prior experience in making private investments, who are capable of independently evaluating the merits and risks of such investments, and who have the wherewithal to bear investment losses. Shares of Bank of America investing gained 2.4% in pre-market trade after Fed minutes signaled a cautious approach to further tightening. This could boost net interest margins through year-end if rate cuts remain gradual.