Bank of America (BAC) Q4 2020 Earnings Call Transcript
BAC earnings call for the period ending December 31, 2020.
‘Bureaucracy’ at the borders is ‘because we chose to leave the single market’ says former prime minister
Angela Merkel dismissed suggestions she should ignore her government's guidelines and take the Oxford-AstraZeneca vaccine. There had been calls for Mrs Merkel to "lead by example" and be vaccinated on camera in order to dispel German public fears over the jab. "I do not belong to the recommended age group for AstraZeneca," Mrs Merkel told Frankfurter Allgemeine Zeitung newspaper. The AstraZeneca vaccine is currently only approved for under-65s in Germany, and Mrs Merkel is 66. Germany is one of a number of European countries where the AstraZeneca vaccine is not currently approved for the over-65s because regulators said there was not enough clinical data on its effectiveness in older people. Emmanuel Macron, who claimed the AstraZeneca vaccine was only "quasi-effectual" in the over-65s, said at a press conference on Thursday night he would take the jab if he was offered it. Germany has a large anti-vaxxer movement and a recent poll found 34 per cent of its citizens do not want to take any vaccine against the Covid.
Mary-Kate entered rehab for eating disorder treatment later in 2004
Nicola Sturgeon was on Thursday struggling to contain a growing SNP rebellion after she was accused of using “weasel words” to question the innocence of Alex Salmond. Jim Sillars, a former deputy leader of the party, lodged a formal complaint that the First Minister had breached the ministerial code with comments she made in a press briefing on Wednesday. Ms Sturgeon launched an outspoken attack on her predecessor, claiming his conduct towards women, rather than the conspiracy he has alleged, were the "root" of claims against him She added that just because he had been cleared of criminality, “that doesn’t mean that the behaviour [women] complained of didn’t happen.”
Employees also claim that Barack Obama and his family craved privacy while in executive mansion
The US military struck facilities in eastern Syria used by Iran-backed armed groups Thursday, saying President Joe Biden's new administration was sending Tehran a message after recent rocket attacks on US troop locations in Iraq.
Revival of classic Nineties sitcom was officially announced this week
The Queen said people should think of others when deciding to get the coronavirus vaccine.
Ursula von der Leyen issues Covid vaccine export warning at EU summitCommission head reassures leaders she will ban vaccines leaving EU if suppliers fail to deliver againCoronavirus – latest updatesSee all our coronavirus coverage Ursula von der Leyen was put under pressure to speed up work on a common vaccination certificate. Photograph: Olivier Hoslet/AFP/Getty Images
Twenty of France's 101 departments are placed under "reinforced surveillance" due to the increased circulation of the coronavirus epidemic, and may be subject to local confinement measures from the weekend of 6 March if the situation continues to deteriorate, announces Prime Minister Jean Castex.
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More than five million applications in total have been made since the scheme opened.
Cases are down 25% in a week but public health chiefs want Londoners to drive rates down further
While the left wing of the party is asking who he thinks made him president and vowing revenge, veterans of the upper chamber aren’t so surprised by the Democratic Senator’s announcement that he won’t vote to confirm Neera Tanden
Speaking after leaders of the 27 EU countries met online, Angela Merkel said that digital vaccination certificates enabling people to travel will probably be available before the summer. It came as the Queen encouraged Brits to get a Covid vaccine as she told health leaders that she had felt “protected” since getting her first dose in January.
Florida Governor DeSantis will be loyal to the president — but that doesn’t necessarily leave Trump in a good position
Nicola Sturgeon has denied that the identity of a woman who accused Alex Salmond of sexual assault was leaked to him, but refused to say whether she ordered an investigation into the "astonishing" claim. The First Minister came under intense pressure at Holyrood on Thursday over the allegation that an official in her government had committed an "extraordinary breach of confidentiality" by passing the name of a civil servant to Geoff Aberdein, Mr Salmond's former chief of staff. The incident is claimed to have happened before the First Minister spectacularly fell out with her ex-mentor. Mr Salmond, who is to give evidence to a Scottish Parliament committee investigating the affair on Friday, has put forward the allegation in written testimony.
Restrictions are set to be tightened to prevent a 'catastrophe' in hospitals, PM Andrej Babis said.
Refusing to repatriate Shamima Begum and other British Isil brides and families will further the terrorist threat against the UK, senior Tories have warned. In a letter to Foreign Secretary Dominic Raab and Home Secretary Priti Patel, the four MPs – including three former ministers – said Britain should not “wash its hands” of the 40 Britons detained in camps for Isil fighters, jihadi brides and their children in northern Syria. The four – Andrew Mitchell, David Davis, Tom Tugendhat and Tobias Ellwood – warned that failure to take responsibility for them like other nations including the US under President Joe Biden would “necessarily create even more security risks for the UK in the future”. Their warning comes on the eve of tomorrow's Supreme Court judgement on whether Begum, who left London as a schoolgirl to join Isil in 2015, should be allowed back into the UK to challenge the removal of her British citizenship. Writing exclusively online for The Telegraph, Mr Mitchell, former international development secretary, said that irrespective of the judgement, leaving Begum, pictured below, and other Britons “swilling around in ungoverned space” had the potential to backfire not only in the region but on the streets of Britain.
British minds are understandably already straying to the possibility of a sun-kissed summer holiday in Europe. Unfortunately, European Union leaders won’t be in a position to guarantee British holidaymakers will be able to travel to the bloc in the near future. The 27 prime ministers and presidents are holding a video summit on coronavirus this evening, Thursday. With the bloc still lagging far behind Britain, the US, Israel and even Serbia and Turkey, there is no prospect of them lifting the ban on non-essential travel into the region. Instead, leaders will reiterate the need for restrictions to stay in place and for vaccinations to rapidly increase. There is a desire on behalf of the EU institutions to do whatever is possible to save the coming tourist season, which is vital for the economies of southern member states such as Greece and Spain. That desire extends to allowing travel from non-EU countries such as Britain, but member states are at odds, to the extent that tonight’s summit will dodge tackling the issue of coronavirus passports head on. Britain is still not on the EU’s list of non-EU countries that are exempt from the non-essential travel restrictions, which is updated every fortnight. The chances of it being taken off in the near future are slim. Greek and Spanish ministers have been vocal in their demands for accelerated work towards the passports, which would smooth the influx of tourists. But tourism-dependent countries face opposition from, among others, France and Germany, which are the two most influential EU member states. Berlin and Paris don’t believe now, with so few EU citizens vaccinated, is the time to talk about coronavirus passports. There are anxieties about the threat of new variants and concerns over the lack of data on whether vaccinated people can transmit Covid-19 or not. One senior EU official said the leaders wanted to do all they could to avoid a new “death season”. France, which has a significant anti-vax movement, is concerned about the risk of discrimination between vaccinated and unvaccinated tourists