Bank of America Corp

Bank of America Corp said on Tuesday that it will give around 97% of its employees special compensation awards, most of which will be delivered in restricted stock units, according to an internal memo seen by Reuters.

Bank of America Corp is bringing employees back to offices in parts of the United States where new COVID-19 cases have started to decline, a person familiar with the matter told Reuters on Tuesday.

Bank of America Corp will reward employees for the bank's strong performance through special bonuses for the fifth straight year, according to an internal memo seen by Reuters.

Deutsche Bank AG has hired John Arena from Bank of America to help structure art loans for ultra-rich individuals in the Americas, according to an internal memo on Thursday seen by Reuters.

Bank of America Corp reported a jump in fourth-quarter profit on Wednesday, benefiting from loan growth and a frenetic pace of global dealmaking activity that helped drive its investment banking business.

Investors piled into stocks and ditched cash, gold and bonds, especially safe haven ones, in the week to Wednesday, BofA said in its weekly flow tracking note published on Friday.

Soaring electricity prices in Europe have triggered cuts in energy-intensive production of aluminium.

Wells Fargo & Co and Bank of America will no longer charge customers for bouncing checks and are adopting new policies to limit overdraft-related fees, the latest lenders to overhaul such charges amid growing regulatory scrutiny.

Bank of America, the second-largest U.S. bank, is reducing overdraft fees from $35 to $10 starting in May, the bank said in a news release on Tuesday.

Bank of America Corp is planning to increase the bonus pool for its employees, Bloomberg News reported https://www.bloomberg.com/news/articles/2022-01-07/bofa-sweetens-bonuses-to-make-up-for-its-restraint-last-year?sref=vEQJzSks on Friday, citing people briefed on the discussions...

Bank of America Corp is planning to increase the bonus pool for its employees, Bloomberg News reported https://www.bloomberg.com/news/articles/2022-01-07/bofa-sweetens-bonuses-to-make-up-for-its-restraint-last-year?sref=vEQJzSks on Friday, citing people briefed on the discussions...

Bank of America Corp appointed Alice Wong as a managing director in its Americas Financial Institutions Investment Banking unit on Wednesday, according to an internal memo seen by Reuters.

Bank of America Corp told workers on Wednesday it will donate $100 to local food banks for every one of its employees who gets a COVID-19 vaccine booster shot and notifies the bank before Jan. 31, according to a memo seen by Reuters.

Bank of America Corp has hired veteran investment banker Benjamin Saunders as a managing director for its Americas Financial Institutions Investment Banking business, according to a memo seen by Reuters on Tuesday.

Bank of America Corp is encouraging employees to work remotely in the first week of January, according to a person familiar with the matter, as a spike in COVID-19 cases in the United States force Wall Street banks to postpone return-to-office plans.

Russia's Melon Fashion Group has picked Sberbank CIB, VTB Capital, Goldman Sachs and BofA to help organise its initial public offering (IPO), two sources with knowledge of the company's plans told Reuters on Tuesday.

Bank of America Chief Executive Brian Moynihan said on Tuesday that the bank hadn't seen any impact on consumer spending from the spread of the Omicron variant of the coronavirus, and credit quality among borrowers remained strong.

Credit Suisse Group AG has hired Mike Dunne from Bank of America Corp to be the Swiss bank's global head of power and renewables investment banking division, according to an internal memo seen by Reuters.

Gulf exchanges are likely to have another busy year of initial public offerings (IPOs) in 2022, possibly surpassing this year's bumper crop, a Bank of America executive told Reuters.