Bank of America (BAC) Master Trust Net charge offs 2.40% (prev. 2.24% M/M), total delinquencies 1.38% (prev. 1.43% M/M)
Bank of America reported an increase in its Master Trust net charge-offs to 2.40%, up from 2.24% month-over-month, suggesting a slight deterioration in credit quality.
EIA Expectations: Crude -0.5M, Distillate -2.78M, Gasoline -2.02M
Pakistan Army Chief is to visit Tehran to narrow the gaps between the US and Iran, Reuters reports citing a senior Iranian source
Bank of America (BAC) Master Trust Net charge offs 2.40% (prev. 2.24% M/M), total delinquencies 1.38% (prev. 1.43% M/M)
Israeli Security Council to discuss possible Lebanon ceasefire at 8pm local (18:00 BST), according to an Israeli official
Newsquawk European Market Wrap - 15th April 2026
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
However, total delinquencies fell to 1.38% from 1.43%, indicating an improvement in customers' overall ability to make payments. The net charge-off increase could raise concerns over potential future losses, while the decline in delinquencies may provide some reassurance about ongoing credit performance.
Related headlines
- Newsquawk Daily European Equity Opening News - 9th September 20262 hours ago
- US Commerce Secretary Lutnick will meet with Mexican President Sheinbaum and Economic Minister Ebrard on Wednesday and will discuss US tariffs on Mexican autos and metals, according to POLITICO10 hours ago
- Newsquawk European Market Wrap - 8th September 202618 hours ago
- Additional European Equity News - 8th September 20261 day ago
- European Equity pre-Market Summary - 8th September 2026: Novartis does not meet Phase 3 primary endpoint; European equity futures indicative of a slightly lower open, as energy picks up1 day ago
- Santander (SAN SM) files to sell USD-denominated 3-parter19 hours ago
- European Movers: Airbus (AIR FP) -0.7%, Schneider Electric (SU FP) -0.9%, Société Générale (GLE FP) -1.6%, Infineon (IFX GY) -1.9%, Novartis (NOVN SW) -9%, 1 day ago
- [MARKET ANALYSIS] European bourses hit amid higher energy prices; NOVN SW on track for its biggest daily loss since Covid 202023 hours ago
- [PREVIEW]: ECB Policy Announcement due on 10th September 202617 hours ago
- BNP Paribas expects the BoE to lift interest rates by 25bps in November 2026 (prev. saw 25bps hike in September)21 hours ago
- US BROKER MOVES: INTC upgraded at Northland; PTON downgraded at MS19 hours ago
- [MARKET UPDATE] Brent front-month crosses back above USD 100/bbl for the first time since July 24th; newsflow light but geopolitical tensions remain high following the recent US-Iran retaliatory strikes49 min ago
- Amazon (AMZN) begins the sale of its four-part Sterling bond56 min ago
- Uber (UBER) begins the sale of a five-part Euro bond offering58 min ago
- FedEx (FDX) is to sell EUR denominated 4- and 8-year notes1 hour ago
- Google (GOOG) is to invest a minimum of EUR 13bln in Finland’s AI infrastructure in 2027-28, according to Finnish broadcaster YLE1 hour ago
- OpenAI's Tibo says "Demand for Astra is really unprecedented." and "Priority will always be to keep excellent service for existing users, but we might have to pause new Pro subscriptions for a bit if this continues."1 hour ago
- PRE-MARKET AUSTRALIAN, JAPANESE AND SOUTH KOREAN STOCKS NEWS: Samsung Electronics (005930 KS)** - Co. opened an AI chip R&D hub in Yokohama to collaborate with Japanese companies on advanced semiconductor packaging8 hours ago
- US senior Trump administration official says President Trump approved series of proclamations on Canada trade measures, with ban on dairy, most alcohol and motorcycle imports from Canada under Section 338 with restrictions effective in about 3 weeks8 hours ago
- US Department of Justice plans closer scrutiny of Fox's (FOXA) USD 22bln Roku (ROKU) deal, according to Semafor9 hours ago
The whole workspace, free to try.
Try it free