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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By sending orders to an exchange they own, banks and brokers presumably can save money on trading costs.
January 7 -
Andy Sieg, head of Merrill Lynch Wealth Management, will join the management team of the company, reporting directly to CEO Brian Moynihan.
December 6 -
The lender will give $1,000 cash bonuses in December to eligible employees making less than $100,000 annually, CEO Brian Moynihan said.
October 30 -
Terry Laughlin, who ran the bank’s $2.8 trillion wealth management business, formerly served as its chief risk officer, the bank said in a statement Friday.
October 26 -
Still, the bank’s revenue-producing operations are split into four divisions, which are all run by men.
October 17 -
A bonus introduced earlier this year has helped fuel client acquisition, executives say.
October 15 -
One of the biggest drivers of the better-than-expected earnings was the good economy and prudent lending.
October 15 -
Bank of America customers are frustrated over fees and customer service while Wells Fargo customers are alarmed about the bank's recent scandals.
October 11 -
The company is bridging its bank and wirehouse through training programs, compensation plans and technology investments
September 21 -
The broker, Michael Siva, was one of seven people charged with securities fraud last year.
September 5
