When inflation reached its highest levels in decades in 2022, the Federal Reserve began tackling the issue by raising interest rates. At its peak, the federal funds interest rate reached 5.5%, its hig
The bank stands to earn $130 million for work on the railroad megadeal between Union Pacific and Norfolk Southern.
CHARLOTTE, N.C. , Sept. 19, 2025 /PRNewswire/ -- Bank of America Corporation today announced the Board of Directors has authorized regular cash dividends on the outstanding shares or depositary shares
Bank of America expands in Spain with a 100M euro real estate loan buy from Santander, as the Spanish bank pushes balance sheet cleanup.
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JPMorgan, Bank of America and peers hit new highs as Fed rate cuts fuel optimism for stronger NII and asset quality gains in the near term.
Moynihan is known for his wokeness (strict adherence to DEI until recently and "debanking" conservatives over the years including President Trump). He's also known for a plodding and overly cautious m
The U.S. Justice Department said on Thursday that the Bank of America Securities resolved a criminal investigation involving alleged market manipulation schemes by former employees.
C, BAC and CFG hit fresh highs yesterday after the Fed's first rate cut since December 2024 boosted investor optimism.
Bank of America (BAC) closed at $51.4 in the latest trading session, marking a +1.46% move from the prior day.
Major U.S. lenders lowered a key interest rate on Wednesday, providing U.S. consumers a reprieve on borrowing costs, after the Federal Reserve cut interest rates for the first time this year.
Hiring Underscores Bank's Commitment to Skills-Based Hiring, Creating Long-Term Career Options, and Expanding Economic Opportunity Across the Country CHARLOTTE, N.C. , Sept. 17, 2025 /PRNewswire/ -- B
Bank of America Corp. Chief Executive Officer Brian Moynihan says he's not leaving his current post anytime soon as he promotes two executives to the role of co-president. He also talks about raising
Bank of America CEO Brian Moynihan said on Wednesday he is not leaving the bank in the short term, but added the company has to line up candidates with experience to run the company in the future, acc

BofA's Moynihan Says I'm Not Going Anywhere

08:37am, Wednesday, 17'th Sep 2025
Bank of America Chair and CEO Brian Moynihan talks about leadership changes at the bank. "I'm not going anywhere in the short term or medium term" he said on "Bloomberg Surveillance.
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