(Reuters) - Australian lender ANZ Group ( ANZGF ) reported lower-than-expected annual earnings on Friday as intense deposit and lending competition and rising costs impacted its margins. Australian banks have been struggling to grow profit recently because of stubbornly high expenses and a fierce price war between lenders as borrowers look for a better deal on loans and their deposits....

Bank of America Corp ( BAC ) shares are trading higher by 6% to $44.85 this week following news of Donald Trump's victory in the 2024 U.S. presidential election. The stock has otherwise pulled back roughly 1.2% Thursday afternoon following the The Federal Reserve’s decision to lower interest rates by 0.25 percentage points. Trump's win, coupled with a Republican-controlled Senate,...

03:32 PM EST, 11/07/2024 (MT Newswires) -- Jack Engelkes, Director, on November 06, 2024, sold 25,000 shares in Home Bancshares ( HOMB ) for $753,000. Following the Form 4 filing with the SEC, Engelkes has control over a total of 411,101 shares of the company, with 205,195 shares held directly and 205,906 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1331520/000133152024000180/xslF345X05/wk-form4_1731011251.xml Price: 29.56, Change:...

03:52 PM EST, 11/07/2024 (MT Newswires) -- Mark J. Bolus, Director, on November 06, 2024, sold 4,092 shares in Community Financial System ( CBU ) for $286,686. Following the Form 4 filing with the SEC, Bolus has control over a total of 98,928 shares of the company, with 98,928 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/723188/000112760224026696/xslF345X05/form4.xml Price: 67.58, Change: -3.21, Percent...