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Bank Of America Reports Q3-21 Net Income Of $7.7 Bln, EPS Of $0.85
Bank Of America's Long Position In Jinchuan Group Rises To 5.19% - HKEX Filing
Bank Of America Appoints Holly O’Neill President Of Retail Banking
Bank of America Corporation is a bank holding company and a financial holding company. The Company is a financial institution, serving individual consumers, small- and middle-market businesses, institutional investors, corporations and governments with a range of banking, investing, asset management and other financial and risk management products and services. The Company, through its banking and various non-bank subsidiaries, throughout the United States and in international markets, provides a range of banking and non-bank financial services and products through four business segments: Consumer Banking, which comprises Deposits and Consumer Lending; Global Wealth & Investment Management, which consists of two primary businesses: Merrill Lynch Global Wealth Management and Bank of America Private Bank; Global Banking, which provides a range of lending-related products and services; Global Markets, which offers sales and trading services and research services.
Bank of America Corporate Center
100 N Tryon St
Brian T. Moynihan
Chairman of the Board, President, Chief Executive Officer
Paul M. Donofrio
Vice Chairman of the Board
Vice Chairman of the Board
Thong M. Nguyen
Vice Chairman - Bank of America Corporation
Chief Financial Officer
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Bank of America Corp beat estimates for third-quarter profit on Thursday, boosted by strong growth across its businesses which executives said they expected to continue next quarter.
Brian Moynihan is a bank chief who likes to be prepared for the worst of times. That means Bank of America has been missing out on the best of times.
Bank of America Corp reported a jump in third-quarter profit on Thursday as it released some of its reserves for bad loans, while logging growth in its consumer banking division.
Bank of America Corp published its first research coverage focused on cryptocurrencies and other digital assets on Monday, joining other mainstream financial institutions as they strengthen their involvement with the asset class.
Bank of America Corp will pay out $200 awards to its employees at Merrill Lynch Wealth Management who have been fully vaccinated and going to office regularly, according to a memo shared with Reuters on Wednesday.
Bank of America Corp said on Wednesday it had raised its U.S. minimum hourly wage to $21, as it works to keep its promise of increasing the pay to $25 an hour by 2025.
The crisis at indebted developer China Evergrande Group will not curb Standard Chartered's appetite for investing in the country, its Chief Financial officer Andy Halford told a banking conference on Thursday.
HSBC Holdings PLC expects the debt problems involving embattled property developer China Evergrande Group to have an impact on capital markets but does not see any direct impact on the bank, its group CEO said.
Bank of America Corp has named three bankers to head its global financial institutions investment banking business, according to a company memo seen by Reuters on Monday.
Bank of America Corp has appointed a new global general counsel as part of a broader slate of leadership changes announced on Friday.
Bank of America Corp on Friday replaced its finance chief and promoted three women to senior leadership roles in one of its biggest management shake-ups since the financial crisis.
Bank of America Corp on Friday replaced longtime Chief Financial Officer Paul Donofrio with Alastair` Borthwick, while adding five new members including three women to its senior leadership team to boost diversity.
Bank of America Corp has added five new members to its senior leadership team, it said in a statement on Friday. (Reporting by Sohini Podder in Bengaluru; Editing by Aditya Soni)
Bank of America Corp Vice Chairman Anne Finucane and Chief Operating Officer Thomas Montag will retire from their positions, the bank said in a statement on Thursday.
Less than half of respondents in a monthly fund manager survey expect the European economy to further improve over the next twelve months, marking the lowest proportion since last June, BoFA's August survey edition said on Tuesday.
Russian real estate database Cian, one of the country's largest, plans to conduct an initial public offering (IPO) in the United States this autumn, two financial market sources said on Wednesday.
Bank of America's staff in most U.S. states no longer need to fill out health assessments to enter their offices from Monday, regardless of vaccination status, Business Insider reported on Friday, citing a leaked memo.
-Bank of America Corp shares tumbled on Wednesday after the second-largest U.S. lender detailed its sensitivity to low interest rates and the Federal Reserve indicated it has no plans to raise its benchmark rate any time soon.
(The author is a Reuters Breakingviews columnist. The opinions expressed are their own. Refiles to remove extraneous word in third paragraph.)
July 14 - Bank of America Corp reported a jump in second-quarter profit on Wednesday as it released reserves it had set aside last year to cover potential loan losses tied to the pandemic.
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