Complaints about unfair and unexplained closures are rising. Banks say they never close accounts for political reasons.
Bank of America Financial Chief Alastair Borthwick said the company’s net-interest income was driven by a rise in deposits, which hit a floor in August of last year and have been increasing ...
CEO Brian Moynihan's compensation at the lender saw a 21% boost, bringing his pay to $35M for 2024 vs. $29M in 2023.
AI will reshape markets and economies in the next five years, according to Bank of America. But today’s tech giants might not ...
Bank of America is an advertising partner of Motley Fool Money. Justin Pope has no position in any of the stocks mentioned.
Several major U.S. banks have announced plans to close more than 100 branches between Thanksgiving and January, according to ...
NEW YORK, Jan 9 (Reuters) - Bank of America's (BAC.N), opens new tab bonus pool for investment bankers will probably rise 10% for last year, a source familiar with the matter told Reuters.
Luxury spending may return to growth in 2025, according to a new report from the Bank of America Institute that credits ...
The stock gains early Thursday came on top of a 4.8% rise in Morgan Stanley and a jump of 2.9% in Bank of America's stock in the previous session. Bank of America sees revenue rise across the ...
Bank of America Corp.’s Chief Executive Brian Moynihan said the bank is seeing “broad momentum” that “sets up 2025 very well” as the financial giant’s outlook for 2025 net interest ...