Last year, the bank promoted 387 employees to managing director roles in 2024, more than half of whom were women and people of color.
Bank of America BAC.N expects the Federal Reserve to hold interest rates steady this year and into next year, CEO Brian Moynihan said on Tuesday. "It takes multiple years to squeeze inflation out," and the Fed's efforts to tame inflation will most likely last until 2026, Moynihan told a conference in Washington.
Brian Moynihan argued Tuesday that the president's allegations of politically motivated debanking stem from the problem of overregulation.
Did Warren Buffett snub Bank of America? The Berkshire Hathaway CEO extolled several of the company’s largest equity holdings in his annual shareholder letter released Saturday and omitted a mention of Bank of America,
It’s easy to think about corporate politicization as something that happens in the abstract, in numbers and industries and returns (all of which profoundly
Bank of America ( BAC -1.24%) has done a great job at winning over investors in recent times. The second-largest bank in the U.S. by assets has seen its shares soar 88% since late October 2023. But they're still trading about 14% off their all-time peak, which might prompt some investors to take a closer look.
These five large-cap dividend stocks can be bomb shelters for nervous investors concerned about a big market-cleaning sell-off.
Digital interactions by Bank of America clients grew 12% last year, reaching all-time record 26 billion interactions via a combination of digital logins
As investment bank BNY plans to upgrade its AI tool Eliza, it's looking forward to creating smart recommendation AI agents.