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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 ...
Risks are mounting but, overall, the economy is still in a good place, according to Bank of America CEO Brian Moynihan.
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.
When Abel assumes the role, he will not lack resources: The 94-year-old Buffett’s fabled firm is currently sitting on a ...
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 ...
Billionaire investor Mark Cuban called Buffett “a legend and my investing hero” in an emailed statement to Observer.
Warren Buffett was lauded by business leaders like Tim Cook and Mark Cuban on Saturday after the billionaire announced his ...
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.