Bank of America Corp

Bank of America Corp said on Friday that nearly $10 billion of its consumer loan portfolio was in a deferral program due to the COVID-19 pandemic.

Banks that facilitated the U.S. government's Paycheck Protection Program at first saw the effort as a small revenue booster with a patriotic bonus, shepherding $525 billion in loans to businesses slammed by the fallout of the COVID-19 pandemic.

Bank of America <BAC.N> has named Fernando Vicario as chief executive of its EU bank, based in Dublin, following Bruce Thompson's decision to relocate to the United States.

Bank of America Corp executives on Wednesday joined the chorus of U.S. bank officials predicting an economic recovery would improve business in the quarters ahead, after lower interest rates fueled a miss on third-quarter revenue.

Bank of America Corp reported a 15.8% drop in quarterly profit on Wednesday, hit by higher provisions for credit losses due to the COVID-19 pandemic.

Credit Suisse <CSGN.S> is hiring former head of investment banking at Bank of America Corp <BAC.N> Christian Meissner, the company said on Tuesday.

Former head of investment banking at Bank of America Corp Christian Meissner is joining Credit Suisse in a senior role, according to two sources familiar with the matter.

Nearly three quarters of investors surveyed by Bank of America (BofA) expect a surge in financial market volatility in the fourth quarter, given the likelihood of contested U.S. election results, bringing the bear-to-bull summer rally to a halt.

Bank of America Corp said on Monday it is rolling out a digital financial planning tool, wading into a space that has so far been dominated by fintech companies.

Bank of America Corp said on Monday it is rolling out a digital budgeting tool, wading into a space that has so far been dominated by fintech companies.

The U.S. Federal Reserve will curb big bank capital distributions through the end of the year, meaning the likes of JPMorgan Chase & Co<JPN.>, Citigroup Inc.<C.N>, Wells Fargo & Co<WFC.N> and Bank of America Corp.<BAC.N>will be barred from share buy backs and will have to...

The U.S. Federal Reserve will curb big bank capital distributions through the end of the year, meaning the likes of JPMorgan, Citi, Wells Fargo and Bank of America will be barred from share buybacks and will have to cap dividends into the new year.

Bank of America Corp said on Friday it was issuing a $2-billion bond, where a portion of the proceeds will be used for the financial empowerment of Black and Hispanic-Latino communities.

Executives at the top U.S. banks warned investors this week that 2020 revenue will be lower than expected due to weak loan demand and an uptick in repayments during the coronavirus pandemic.

Bank of America Corp <BAC.N> Chief Executive Officer Brian Moynihan told investors on Tuesday that the worst pandemic-related revenue declines could soon be in the rear-view mirror.

Bank of America Corp Chief Executive Officer Brian Moynihan told investors on Tuesday that the worst pandemic-related revenue declines could soon be in the rear-view mirror.

Walt Disney Co expects to have reopened "a little over 50%" of its hotels and resorts by the end of the fiscal year, according to Chief Financial Officer Christine McCarthy, who spoke via online video to the Bank of America Virtual 2020 Media, Communications & Entertainment...

Warren Buffett's Berkshire Hathaway Inc <BRKa.N> said on Thursday it has bought another $522 million of stock in Bank of America Corp <BAC.N>, boosting its already large stake in the second-largest U.S. bank by assets.

Economists at Bank of America have revised up their outlook for Brazil's economy, which is now on track to shrink by 5.7% this year instead of 7.7% as previously forecast, they said in a note published on Wednesday.