Want to join the conversation?
$RF 2Q15 Call: Deposits costs remain new historical low levels at 11 bps. Total funding costs were 25 bps. Non-interest income grew $120MM, incl. $90MM related to insurance proceeds. Capital markets grew fees by $7MM QoverQ. Commercial credit fee income grew $5MM vs. 1Q15, due to reclassification from net interest income. Service charges grew 4%.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.
$BMY plunge 7.2%. No credits to the non-acceleration of approval for lung cancer combination treatment.