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Bank of America BAC.N shareholders voted on Tuesday to approve pay packages for CEO Brian Moynihan and the lender's top executives, and also elected its 14 directors on the board.
Fueled by growing deposits and a boost in sales and trading revenue, Bank of America’s first-quarter profit blows past Wall Street analyst estimates.
Bank of America BAC.N plans to open more than 150 new branches by the end of 2027, it said on Tuesday, as part of the lender's efforts to expand its physical presence across the United States. The ...
Bank of America’s chief executive, Brian Moynihan, said consumers are still spending despite polls that show people are worried about the economy. “The economy is still growing and our ...
Additionally, banks are underwriting much better loans than before the Great Recession and generally require much more equity from borrowers. Wealth management loans have more than doubled, while ...
Bank of America CEO Brian Moynihan acknowledged in a statement Tuesday that "we potentially face a changing economy in the future" — a nod to the uncertainties ahead as some of Trump's more ...
Shares of Bank of America surged Tuesday morning after the financial giant's first-quarter results came in better than expected.
The FDIC had claimed in its lawsuit over deposit insurance that Bank of America had “unjustly enriched itself at the FDIC’s expense.” ...
Bank of America is not predicting the worst outcome for the U.S. economy, but it is preparing for it. In a conference call detailing BofA's first quarter earnings, CEO Brian Moynihan said that as ...
Bank of America also has had at least two rounds of layoffs this year, The Charlotte Observer previously reported, including 150 investment division workers last month. Bank officials did not discuss ...
Bank of America's earnings were $7.4 billion, or 90 cents per share, in the quarter ended March 31, the bank, led by Brian Moynihan, said on Tuesday morning.
Bank of America (BAC) Chief Executive Brian Moynihan said consumers continue to spend while maintaining healthy credit profiles, but, he warned, "We potentially face a changing economy." ...
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