Brian Moynihan

Berkshire still holds almost 962 million shares, the filing shows — worth $39.5 billion at Monday's closing price.

“I respect every competitor, I don’t fear any competitor,” CEO Brian Moynihan said.

While Trump’s administration could slow down transition efforts by disputing election results, big U.S. companies are moving on.

“We’ve said no layoffs for this year and we’ll stick by that,” Chief Executive Officer Brian Moynihan said Thursday.

"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.

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.

BofA joins rival banks in setting aside billions for loan losses

While he hasn’t received a cash bonus since 2007, part of his stock award will settle in cash when it vests.

Some of Wall Street's most prominent executives have this in common: a long tenure.

The lender will give $1,000 cash bonuses in December to eligible employees making less than $100,000 annually, CEO Brian Moynihan said.

Still, the bank’s revenue-producing operations are split into four divisions, which are all run by men.

One of the biggest drivers of the better-than-expected earnings was the good economy and prudent lending.

Brian Moynihan said "it’s just our view that customers should be careful here."

The firm also reported that its advisor ranks were up 2% year-over-year, boosted by its training program.

Jamie Dimon isn’t the only one with an opinion on the cryptocurrency.

Rising markets boosted revenues for wealth- and asset-management arms at the largest U.S. banks to $18.4 billion in the second quarter, according to data compiled by Bloomberg.

The new leadership approach differs from almost all of the bank's biggest competitors.

Profits rose 8% year-over-year at the bank's Global Wealth & Investment Management unit, which includes Merrill Lynch and U.S. Trust.