New York Attorney General Letitia James sued the parent company of payment network Zelle for allegedly enabling fraud. James alleged that the company knew about ongoing fraud between 2017 and 2023 and
Zelle was sued on Wednesday by New York Attorney General Letitia James, who said the electronic payment platform's refusal to adopt critical safety features enabled fraudsters to steal more than $1 bi
Bank of America's NII is climbing on asset repricing and loan growth, but looming Fed rate cuts may slow the pace.
July saw strong market gains, especially in tech, but finding bargains is tough as indices approach all-time highs. I focused July investments on high-yield BDCs like OBDC, MFIC, and BXSL, maintaining
KEY POINTS To remain competitive, small banks and lesser-known financial institutions will often offer higher CD rates to draw in depositors.If you're unsure about opening an account with a small bank
When you think about megacap stocks, the financial sector might not be the first thing that comes to mind. And that certainly makes sense.
Bank of America is undervalued despite strong fundamentals, offering a rare opportunity as management launches a historic $40 billion buyback and 8% dividend increase. The bank's diversified, digitall
BAC's slow 2025 start contrasts with peers. Will branch expansion, tech upgrades and a $40B buyback boost long-term appeal?
There are typically two ways for investors to see the benefits of stock investing. One of them (and the most common) is buying low and selling high for a profit.
Recently, Zacks.com users have been paying close attention to Bank of America (BAC). This makes it worthwhile to examine what the stock has in store.
Bank of America CEO Brian Moynihan responds to President Donald Trump's accusation that the financial giant rejected Trump as a customer.
Andrew Ross Sorkin sits down with Brian Moynihan, Bank of America CEO, to discuss outlooks on the economy, consumer behavior, and much more.
CNBC's Andrew Ross Sorkin sits down with Brian Moynihan, Bank of America CEO, to discuss his reaction to President Trump's comments on 'Squawk Box' alleging that BofA rejected him as a customer, wheth
JPMorgan and Bank of America “debanked” President Trump for his role in the January 6 riot following pressure from the Biden administration and the Federal Reserve, sources tell The Post.
Big banks said they agree with President Donald Trump that financial regulations need an overhaul, even as their stock prices dropped Tuesday after the president confirmed plans to issue an executive
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