Bank of America

PayPal Holdings acquires iZettle, one of Europe's most popular financial starters. The value of the deal is $ 2.2 billion, the companies said.

The agreement will allow PayPal to expand its presence in the global payments and represent the largest acquisition in the history of the San Jose-based company in California.

Greek stocks yo-yoed between gains and losses on Wednesday, with the news on US inflation weighing not only on the ATHEX but most European bourses too. The strong finish by Coca-Cola HBC kept the benchmark afloat after a days-long decline, but trading volume was notably reduced.

British brokerage LXM Group has registered for trading with the Athens Stock Exchange, joining a handful of foreign banks in what it described on Thursday as a statement of confidence in the Greek economy.

Trade was subdued in the week's first session at the Athens bourse, given the benchmark's repeated failures last week to clear the 770-point mark and the slashing of bank stocks' target prices by Bank of America on Monday.

American billionaire Warren Buffett's Berkshire Hathaway group has officially become the top shareholder in Bank of America after exercising its right to buy 700 million shares at a discount.

Buffett had received the warrants in 2011 after investing $5 billion in the bank, which was suffering at the time from the fallout from the global financial crisis.

Bank of America investment bank managers are not unanimous about where the trade hub in Europe should be after Britain leaves the EU, according to Bloomberg, citing its anonymous sources.

Delta Air Lines and Bank of America have announced that they are pulling their sponsorship of a Manhattan-based theater company’s portrayal of Julius Caesar as a Donald Trump look-alike in a business suit who gets knifed to death on stage.

Atlanta-based Delta released a statement on Sunday saying it was pulling its sponsorship from The Public Theater “effective immediately.”

A jury trial against Turkish-Iranian businessman Reza Zarrab that was scheduled to begin on Jan. 23, 2017, has been suspended until Oct. 16 after the judge in the fraud case ruled that the defendant's legal team required extra time to prepare for an additional indictment regarding Zarrab's alleged ties to Hezbollah.

The 18th annual Greek Investor Forum takes place on December 12 at the Metropolitan Club of New York, organized by Capital Link in association with the New York Stock Exchange. Guest of honor at the event will be Wilbur Ross, senior financial adviser to the new president and future secretary of commerce.

Deutsche Bank and Bank of America were swindled by Turkish-Iranian businessman Reza Zarrab, the office of Manhattan Attorney Preet Bharara, who is the lead prosecutor against the controversial figure, has alleged.