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Bank Of America Appoints Holly O’Neill President Of Retail Banking
Bank Of America Announces Retirement Of Anne Finucane, Vice Chairman And Thomas Montag, Chief Operating Officer And President Of Global Banking And Markets
Bank Of America Declared Regular Quarterly Cash Dividend Common Stock Of $0.21 Per Share
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
Vice Chairman of the Board
Thong M. Nguyen
Vice Chairman - Bank of America Corporation
Paul M. Donofrio
Chief Financial Officer
Dean C. Athanasia
President - Retail and Preferred & Small Business Banking
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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.
Investors jumped off the reflation trade train, cut inflation expectations and rushed back to technology stocks on signs that global economies were in either mid- or late cycle, BofA's July fund manager survey showed on Tuesday.
Morgan Stanley, JPMorgan Chase & Co, Bank of America Corp. and Goldman Sachs Group said on Monday they were hiking their capital payouts after the U.S. Federal Reserve gave them a clean bill of health following their annual "stress tests" last week.
Bank of America Corp said on Monday it expects to increase quarterly stock dividend by 17% to 21 cents per share, beginning in the third quarter of 2021.
Bank of America Corp's Merrill Lynch unit will pay nearly $11.7 million to resolve claims that it overcharged customers who invested in unit investment trusts, a U.S. regulator said on Friday.
Bank of America Corp's Merrill Lynch unit agreed to pay nearly $11.7 million in fines and restitution related to excessive sales charges and supervisory failures involving unit investment trusts, a U.S. regulator said on Friday.
(In June 10 item, corrects Jim DeMare's title in 10th paragraph to head of global markets, not head of global.)
When Brian Moynihan took the reins at Bank of America Corp in 2010, the U.S. bank was reeling.
Bank of America Corp Chief Executive Brian Moynihan has been at the helm for more than a decade, having guided the bank out of a financial crisis and transformed it into a nimbler operation.
* EU FREEZES 10 BANKS OUT OF BOND SALES OVER ANTITRUST BREACHES - FT
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