Bank of America Corp

For the first time in nearly five years, Bank of America Corp <BAC.N> did not rely on cost cuts to amplify profits – the latest sign of big U.S. banks prioritizing investments in their businesses over short-term gains.

Bank of America Corp <BAC.N> beat Wall Street estimates for quarterly profit on Wednesday as it earned more in advisory fees and its loan book expanded, easing concerns that lower interest rates would crimp growth at the second-largest U.S. bank.

Bank of America Corp, the second-largest U.S. bank by assets, reported a 21% fall in quarterly profit on Wednesday, hurt mainly by a $2 billion pretax impairment charge.

Morgan Stanley <MS.N> and Bank of America Corp <BAC.N> are expanding the employee-benefits services they offer, hoping to gain market share in the dull-but-reliable business of managing wealth for companies and employees.

Bank of America Corp <BAC.N> said on Monday its deal-making unit is gaining momentum with midsized companies as it focuses on the sector to regain market share.

Bank of America Corp said on Monday the bank expects third quarter investment banking fees to be up in the low single digits compared with last year.

(Reporting by Abhishek Manikandan in Bengaluru; Editing by Maju Samuel)

Bank of America Corp Chief Executive Officer Brian Moynihan on Wednesday played down fears of a potential U.S. recession, saying strong consumer spending could keep the economy growing.

A federal judge in San Jose has dismissed most of a proposed nationwide class action accusing Bank of America of wrongly charging fees to stop electronic payments, ruling that federal law does not restrict the stop-payment fees banks can charge.

Bank of America Corp has hired former Evercore Inc banker Amy Lissauer to become its global head of activism and raid defense, a spokesman for the bank confirmed on Friday.

Bank of America Corp has hired former Evercore Inc banker Amy Lissauer to work on defending companies against activist investors, three sources said on Friday.

Bank of America Corp <BAC.N> said on Monday it would end its electronic payment services joint venture with First Data Corp next June, hours after Fiserv Inc <FISV.O> completed its acquisition of the payment processor.

Bank of America Corp said on Monday it would end its joint venture with First Data Corp next June, hours after Fiserv Inc completed its acquisition of the payment processor.

Rhode Island jewelry company Alex and Ani has filed a $1.1 billion gender bias lawsuit against Bank of America, accusing it of cutting off a line of credit after a female took over for the jeweler as chief financial officer.

Warren Buffett's Berkshire Hathaway <BRKa.N> has raised its stake in Bank of America Corp <BAC.N>, the company said in a regulatory filing on Thursday.

The National Fair Housing Alliance and other groups and homeowners can pursue a proposed class action accusing Bank of America of neglecting maintenance on foreclosed homes in predominantly black and Hispanic neighborhoods, a federal judge in Maryland ruled.

Bank of America Corp has appointed Janis Vitols to be its new head of global asset management investment banking, according to an internal memo seen by Reuters on Thursday.

Bank of America Corp lowered its annual net interest income guidance on Wednesday to reflect a weakened interest rate environment as the second-largest U.S. lender reported higher-than expected earnings fueled by strong consumer trends.

Bank of America Corp reported a 10% increase in quarterly profit on Wednesday as a healthy U.S. economy boosted demand for loans.