Bank of America Corp. raised Chief Executive Officer Brian Moynihan’s pay to $41 million for 2025, a year in which the second-largest US bank improved its profit but stock performance fell short of ...

NEW YORK (Reuters) -Bank of America eliminated some investment banking roles on Monday, including in New York, according to three sources familiar with the situation who declined to be identified ...

Bank of America has eliminated 150 junior banker jobs in its investment bank, two sources familiar with the matter told Reuters on Tuesday. The bank’s latest cuts follow similar exercises at rivals ...

A month has gone by since the last earnings report for Bank of America (BAC). Shares have lost about 0.1% in that time frame, outperforming the S&P 500. But investors have to be wondering, will the ...

Aaron McDade is a breaking news reporter for Investopedia. He is an experienced journalist who has covered everything from the latest in business and tech news to sports and international news like ...

Bank of America Corp (NYSE:BAC) reported a fourth-quarter fiscal 2024 net income of $6.7 billion (versus $3.1 billion a year ago) and EPS of $0.82, beating the analyst consensus estimate of $0.77.

Bank of America profit climbed about 3% from a year earlier to $7.12 billion, or 89 cents per share. Revenue climbed about 4% to $26.61 billion, below analysts' expectations. CEO Brian Moynihan ...

Bank of America Corporation (NYSE:BAC) is one of the best affordable long term stocks to buy according to hedge funds. On February 3, Bank of America Corporation’s (NYSE: BAC) Board declared a $0.28 ...

How do you choose between two banking behemoths that offer a similar range of products and services? By drilling down into the details to uncover which one best fits your unique needs. Broadly ...

When it comes to banking giants, JPMorgan JPM and Bank of America BAC are often at the top of mind. As two of the most diversified financial institutions in the United States, they offer a broad ...

Bank of America preferred shares offer diverse opportunities for income investors depending on their interest rate outlook. Click here to know.