Bank of America CEO has a contrary take on consumer confidence. But they are spending, says Bank of America CEO Brian Moynihan. In an interview about the Consumer Checkpoint data, he reported ...

Bank of America’s chief executive, Brian Moynihan, said consumers are still spending despite polls that show people are worried about the economy. “The economy is still growing and our ...

The Consumer Financial Protection Bureau cut short a five-year agreement with Bank of America Corp. over the bank’s alleged submission of false mortgage data as the significantly curtailed ...

Bank of America has consolidated its consumer units and, following the departure of a top executive, given one of its most senior female leaders a promotion. Holly O'Neill, BofA's president of retail ...

Bank of America Corp.'s stock was rallying 4.8% as one of the biggest gainers in the S&P 500 after the bank downplayed the possibility of a recession and said consumers are still spending in April ...

Bank of America aims to add 5 million customers through market expansion and digital innovation, led by Holly O'Neill's strategy.

With a dovish monetary policy, Bank of America is in an excellent spot to call Q2 of 2024 the net interest income trough and substantially gain from these tailwinds in 2025. Let me explain why.