Funding & Business
Bank of America to Buy Back $40 Billion of Shares in New Program
Bank of America Corp. announced a new $40 billion stock-buyback program, sending shares up.
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For investors, the risk from France’s unstable politics lies beyond Monday’s confidence vote in Parliament, when François Bayrou is likely to lose his premiership.
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Bangladesh’s central bank is working to boost its reserves to about $40 billion by the end of the fiscal year in June in an effort to stabilize its exchange rate, Governor Ahsan H. Mansur said.
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The People’s Bank of China increased its gold holdings in August for a 10th month, in a continued push to diversify its reserves away from US dollars.
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