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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Of the 330,000 new accounts opened this year, about a third were for clients 35 or younger.
August 14 -
The hires might be short-lived as job-cut moratoria end in the third and fourth quarters.
August 13 -
The pandemic and work-from-home arrangements are probably spurring larger budgets.
August 5 -
The company allocated $5.1 billion for loan losses in the second quarter, the most since 2010.
July 16 -
"We have to redouble our efforts to make progress," Brian Moynihan said a day after the bank pledged $1 billion over four years to try to address racial and economic inequality.
June 4 -
The funds will be used to support housing, job training and aid for small businesses in communities that have been disproportionately affected by the pandemic.
June 2 -
AUM is down 7% for the wirehouse, which now has 20,000 financial advisors and associated staff working remotely.
April 15 -
BofA joins rival banks in setting aside billions for loan losses
April 15 -
Bank tellers, call-center employees and support staff are part of the roughly 70% of American workers who don’t have the ability to work from home.
March 23 -
Wall Street’s nonstop aggressiveness is clashing with the demands of a deadly pandemic.
March 19
