Bank of America
Bank of America
Bank of America Corp is one of the largest financial institutions in the United States, with more than $2.5 trillion in assets. It is organized into four major segments: consumer banking, global wealth and investment management, global banking, and global markets.
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The firm’s asset management arm, along with Franklin Templeton, supplied Remington with a $100 million loan to carry it out of the Chapter 11 process.
May 25 -
Buffett can put cash to better use than paying dividends. But the majority of CEOs lack his skill so investors and their advisors should be happy when corporate boards pay shareholder dividends.
May 16 -
A company’s refusal to hire a candidate because their work authorization papers will ultimately expire “may constitute illegal discrimination,” according to the Department of Homeland Security.
May 4 -
CFO Paul Donofrio said advisors are embracing the firm's growth initiatives and incentives laid out in the 2018 compensation plan.
April 16 -
At some point, stock price gyrations became synonymous with bad performance. Actually, it’s "only a reflection of volatile movements in the market.”
April 16 -
The bank aims to have a total of 4,000 representatives by year-end in Merrill Edge, which now has 2.4 million accounts and $184.5 billion in assets.
March 29 -
The e-commerce giant is muscling its way into a number of services that banks have long dominated.
March 26 -
The organization awarded millions to firm insiders that provided information in a 2016 case against BofA.
March 19 -
The last time the industry’s largest ETF experienced redemptions close to this pace was before the financial crisis.
February 7 -
One provider aims to test whether or not investors are comfortable with algorithms picking stocks.
January 23