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Big US banks explore Fiserv network deal, WSJ reports

U.S. banks including JPMorgan NYSE:JPM and Bank of America NYSE:BAC have in recent months held preliminary discussions about a deal to acquire a network owned by the financial-technology company Fiserv NASDAQ:FISV, the Wall Street Journal reported on Monday, citing sources.The report sent Fiserv's…

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Weekly Recap: BAC Q2 2026 results and Merrill Lynch $7.5M SEC fine

Bank of America Corp (NYSE:BAC) will report Q2 2026 results July 14 with materials and a replay available; the bank faces a recent $7.5M SEC fine over delayed suspicious-activity reporting and appears to show modest projected losses in the Fed’s stress test on ~$3T market assets.Previous Week Recap…

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China's Consumer Inflation Likely Rose Modestly in June — Market Talk

China's consumer price index likely rose modestly in June, according to BofA Securities in a research note. BofA estimates CPI inflation to rise to 1.3% year-over-year in June, from 1.2% in May. This was mainly due to higher vegetable prices offsetting lower pork and fruit prices, the bank says. Wh…

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