Bank of America Corp

Bank of America Corp reported a 15.8% drop in quarterly profit on Wednesday, hit by higher provisions for credit losses due to the COVID-19 pandemic.

Credit Suisse is hiring former head of investment banking at Bank of America Corp Christian Meissner, the company said on Tuesday.

Former head of investment banking at Bank of America Corp Christian Meissner is joining Credit Suisse in a senior role, according to two sources familiar with the matter.

Nearly three quarters of investors surveyed by Bank of America (BofA) expect a surge in financial market volatility in the fourth quarter, given the likelihood of contested U.S. election results, bringing the bear-to-bull summer rally to a halt.

Bank of America Corp said on Monday it is rolling out a digital financial planning tool, wading into a space that has so far been dominated by fintech companies.

Bank of America Corp said on Monday it is rolling out a digital budgeting tool, wading into a space that has so far been dominated by fintech companies.

The U.S. Federal Reserve will curb big bank capital distributions through the end of the year, meaning the likes of JPMorgan Chase & Co, Citigroup Inc., Wells Fargo & Co and Bank of America Corp. will be barred from share buy backs and will have to cap dividends.

The U.S. Federal Reserve will curb big bank capital distributions through the end of the year, meaning the likes of JPMorgan, Citi, Wells Fargo and Bank of America will be barred from share buybacks and will have to cap dividends into the new year.

Bank of America Corp said on Friday it was issuing a $2-billion bond, where a portion of the proceeds will be used for the financial empowerment of Black and Hispanic-Latino communities.

Bank of America Corp Chief Executive Officer Brian Moynihan told investors on Tuesday that the worst pandemic-related revenue declines could soon be in the rear-view mirror.

Bank of America Corp Chief Executive Officer Brian Moynihan told investors on Tuesday that the worst pandemic-related revenue declines could soon be in the rear-view mirror.

Walt Disney Co expects to have reopened "a little over 50%" of its hotels and resorts by the end of the fiscal year, according to Chief Financial Officer Christine McCarthy, who spoke via online video to the Bank of America Virtual 2020 Media, Communications & Entertainment...

Bank of America Corp said on Monday it has promoted Raul Anaya to head of business banking. In his new role, the 30-year firm veteran will oversee the business line that serves mid-sized U.S.-based companies with annual revenues between $5 million and $50 million. Anaya,...

Bank of America Corp saw its profit more than halve in the second quarter as it set aside $5 billion to cover potential loan losses, while warning that it would struggle as long as interest rates stayed low.

Bank of America Corp reported a drop of more than 50% in second-quarter profit on Thursday as it set aside $4 billion for potential loan losses tied to the coronavirus pandemic.

Bank of America Corp has appointed Brad Kleinsteuber as its head of insurance investment banking in the Americas, according to an internal memo seen by Reuters on Monday, the contents of which were confirmed by a bank spokesman.

Bank of America Corp agreed to pay $7.23 million in restitution and interest to settle a U.S. regulator's accusations that it overcharged customers on mutual funds.

Bank of America Corp agreed to pay $7.23 million in restitution and interest to settle a U.S. regulator's accusations that it overcharged customers on mutual funds.

Bank of America Corp said on Tuesday it is making a $1 billion, four-year commitment to help communities address economic and racial inequality exacerbated by the COVID-19 global pandemic.