Bank of America Corp

Bank of America Corp executives said on Tuesday they were optimistic the bank could return to loan growth this year, after the coronavirus pandemic caused its loan book to shrink on an annual basis for the first time since 2014.

Bank of America Corp executives said on Tuesday they were optimistic the bank could return to loan growth this year, after the coronavirus pandemic caused its loan book to shrink on an annual basis for the first time since 2014.

There is growing angst among investors over financial market price bubbles, and top of the list of concerns were the cryptocurrency bitcoin and U.S. tech stocks, two closely followed surveys showed on Tuesday.

Saudi oil giant Aramco will likely need to transfer significant amounts of money to the Saudi government and the sovereign fund, Public Investment Fund (PIF), as Saudi Arabia puts its finances in order after the coronavirus slump, Bank of America said.

Automaker Mahindra & Mahindra's South Korean unit Ssangyong Motor Co has defaulted on loan repayment of about 60 billion won ($55 million), the Indian company said in a statement to the stock exchange on Tuesday.

Bank of America will join the Netherlands as a primary dealer in 2021, the Dutch State Treasury Agency said on Friday in its outlook for next year.

Italy's Treasury has picked Bank of America and Orrick as financial and legal advisers to secure a merger deal for bailed-out bank Monte dei Paschi (MPS) as part of its privatisation plan, four sources close to the matter told Reuters.

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.