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View BAC on Yahoo Finance →2025-02-13
Big bank CEOs to meet with lawmakers on solutions to debanking
Feb 13, 2025, 11:48 AM
A group of CEOs from leading U.S. banks are meeting with the Senate Banking Committee to discuss potential solutions to regulatory issues related to debanking decisions.
2025-02-12
Bank of America CEO on inflation impact on U.S. economy: ‘Rates are going to stay where they are’
Feb 12, 2025, 10:50 AM
The Bureau of Labor Statistics reported hotter-than-expected growth in the U.S. consumer price index, forcing markets to recalibrate rate expectations.
2025-02-06
Bank stocks pop after Fed releases 'easier' 2025 stress test, plans to make exam more predictable
Feb 6, 2025, 1:02 PM
The stress test changes bolster the case made by Wall Street analysts that U.S. banks will face a friendlier regulatory regime under the Trump administration.
2025-02-05
Warren says Trump was 'on to a real problem' when he blasted BofA for debanking customers
Feb 5, 2025, 11:23 AM
Donald Trump and the GOP have a surprising new ally in their push to clamp down on 'debanking': Elizabeth Warren.
2025-02-02
Why Banks May Be Hoping You’re Not Paying Attention
Feb 2, 2025, 5:00 AM
They have no fiduciary duty in many cases and can profit from customers’ confusion. But where’s the line between unsavory and illegal?
2025-01-31
Is Chancellor Rachel Reeves abandoning north-east England?
Jan 31, 2025, 6:54 AM
The chancellor announces projects in England's south as infrastructure in the North East crumbles.
2025-01-23
Trump Lashes Out at Bank of America Over Treatment of Conservatives
Jan 23, 2025, 5:25 PM
The president revived Republican criticisms over purportedly politically motivated “debanking,” or closing of customer bank accounts.
Trump just took a shot at Bank of America. Here’s what he's talking about
Jan 23, 2025, 2:08 PM
President Donald Trump on Thursday accused the CEOs of Bank of America and JPMorgan Chase of refusing to serve conservatives.
2025-01-22
Trump effect, crypto vibes, and more from Davos 2025
Jan 22, 2025, 6:00 AM
The bullishness on business is real at this year's World Economic Forum in Davos, Switzerland.
2025-01-21
Bank of America CEO: The Federal Reserve may have to respond to Trump
Jan 21, 2025, 7:01 AM
Bank of America chair and CEO Brian Moynihan says the Fed needs to start asking itself a different question.
2025-01-16
Stock market today: Nasdaq slide leads stocks lower with earnings, Bessent confirmation hearing in focus
Jan 16, 2025, 4:50 PM
Stocks failed to continue Wednesday's rally as retail sales and fresh earnings from big banks took focus.
Stock market today: Nasdaq slide leads stocks lower with earnings, Bessent confirmation hearing in focus
Jan 16, 2025, 4:50 PM
Stocks failed to continue Wednesday's rally as retail sales and fresh earnings from big banks took focus.
Bank of America and Morgan Stanley cement a Wall Street revival
Jan 16, 2025, 7:55 AM
Fourth-quarter profits at Bank of America and Morgan Stanley more than doubled as both benefitted from a Wall Street dealmaking revival that also lifted results at their rivals.
Stock market today: Dow, S&P 500, Nasdaq waver amid earnings rush, Bessent confirmation hearing
Jan 16, 2025, 1:34 PM
Investors are looking to more big bank earnings and fresh retail sales data to help keep the rally going.
Bank of America tops estimates on better-than-expected investment banking, interest income
Jan 16, 2025, 6:15 AM
The company said fourth-quarter profit more than doubled to $6.67 billion, or 82 cents per share, from a year earlier.
2025-01-13
Biggest US banks ready mortgage relief for victims of Los Angeles wildfires
Jan 13, 2025, 2:11 PM
Chase Home Lending is providing disaster forbearance for mortgage customers affected by the wildfires, parent firm JPMorgan said on Monday. BofA also said its program includes the possibility of mortgage forbearance tailored to customer needs.
The optimism over US banks is about to be put to the test
Jan 13, 2025, 4:00 AM
Investors ended 2024 brimming with optimism about US banks. What happens during the start of earnings season this week will put that optimism to a new test in 2025.
2024-12-22
The year that Wall Street got its swagger back
Dec 22, 2024, 9:00 AM
Big bank bosses have a lot to cheer about as 2024 comes to an end. Dealmaking is surging, and an era of looser regulations looms with a new administration about to take over the White House.
2024-12-20
CFPB Sues Big Banks Over Rampant Fraud on Zelle
Dec 20, 2024, 12:34 PM
Action against Bank of America, JPMorgan Chase and Wells Fargo may not survive President-elect Donald J. Trump’s return to office.
CFPB sues JPMorgan Chase, Bank of America and Wells Fargo over Zelle payment fraud
Dec 20, 2024, 10:04 AM
2024-12-13
Bank of America Flagged Suspicious Payments to Epstein Only After He Died
Dec 13, 2024, 12:15 PM
Senate staff members are urging that Bank of America be investigated for the way it reported payments to Jeffrey Epstein, the disgraced financier.
2024-12-12
CFPB announces rule limiting bank overdraft fees
Dec 12, 2024, 7:27 AM
The CFPB says the rule will save American consumers $5 billion annually.
New Federal Rule Limits Overdraft Fees at Large Banks
Dec 12, 2024, 5:04 AM
It is unclear whether the rule, which could help save Americans billions in fees each year, will remain in place after President-elect Donald J. Trump returns to office.
2024-11-18
Wall Street is optimistic about Trump 2.0
Nov 18, 2024, 9:00 AM
Wall Street is staying upbeat on Trump 2.0.
2024-11-17
The Trump-Biden stock market rally, decoded
Nov 17, 2024, 8:31 AM
Here's how investors are thinking about stocks post-election.
2024-11-13
Bankers beware: Elizabeth Warren becomes top Democrat on key Senate banking panel
Nov 13, 2024, 10:43 AM
The elevation of Elizabeth Warren as the top Democrat on a key Senate banking panel could mean some headaches for Wall Street financial giants in 2025
2024-11-11
Hiring veterans is good business: USAA CEO
Nov 11, 2024, 7:00 AM
Veterans Day reminds America to honor those serving and those who have served which includes helping the men and women of our military transition to the nation's workforce.
2024-11-06
Wall Street scores political victory with a Trump win: 'This should aid all banks'
Nov 6, 2024, 8:28 AM
US bank stocks rallied following a decisive win by President-elect Donald Trump, in a sign that big Wall Street financial institutions expect to have an easier time in Washington under a new Republican administration.
2024-11-02
Berkshire Continues Retreat From Stocks
Nov 2, 2024, 10:29 AM
The conglomerate reported on Saturday that it had cut its holdings in Apple and Bank of America and increased its cash to a record high in the third quarter.
2024-10-28
More Americans living paycheck to paycheck than 5 years ago, Bank of America data shows
Oct 28, 2024, 6:00 AM
The share of U.S. households living paycheck to paycheck since 2019 is up across all income brackets, according to a new study by the Bank of America Institute.
2024-10-15
'Soft landing' optimism spurs broad Wall Street rebound at big banks
Oct 15, 2024, 11:12 AM
The biggest banks staged a broad Wall Street rebound in the third quarter, as optimism about a possible 'soft landing' and rate cuts from the Fed spurred dealmaking and trading.
Stock market today: S&P 500 holds near record high with big bank earnings in focus
Oct 15, 2024, 11:08 AM
As a fresh wave of earnings rolls in, hopes are for further positive surprises.
Bank of America is set to report third-quarter earnings — here's what the Street expects
Oct 15, 2024, 6:15 AM
How quickly will Bank of America benefit from falling interest rates?
2024-10-13
Retail sales, big banks' results, and Netflix earnings: What to know this week
Oct 13, 2024, 7:45 AM
A slew of corporate earnings headline the week ahead as investors continue to debate the Federal Reserve's next move.
2024-10-10
Berkshire slashes Bank of America stake to under 10%, no longer required to disclose frequently
Oct 10, 2024, 6:19 PM
Warren Buffett's Berkshire Hathaway cut its stake in Bank of America below an important level.
2024-10-09
Bank of America President of Small Business & Head of Specialty Banking and Lending Sharon Miller breaks down its Women & Minority Business Owner Spotlight and provides her outlook for small businesses.
2024-10-02
Bank of America is down: Customers report widespread outage
Oct 2, 2024, 4:11 PM
Bank of America customers report having trouble accessing their bank accounts on Wednesday.
2024-09-25
SEC charges Merrill Lynch, Harvest Volatility Management for ignoring client investment limits
Sep 25, 2024, 10:45 AM
They will pay a combined $9.3 million after the Securities and Exchange Commission charged them for exceeding clients' investment limits over a two-year period.
Warren Buffett's Berkshire Hathaway keeps selling more Bank of America stock
Sep 25, 2024, 9:42 AM
Warren Buffett's Berkshire Hathaway sold more of its holdings in the second-largest US bank, raising its total haul to nearly $9 billion over the last several months.
2024-09-19
Bank stocks rise on Fed rate-cut rally
Sep 19, 2024, 11:20 AM
US bank stocks surged Thursday following a jumbo rate cut from the Federal Reserve, a sign of bullishness among investors who now expect an easing of monetary policy will boost Wall Street giants and smaller regional lenders.
2024-09-18
Central Banks Around the World Are Cutting Rates
Sep 18, 2024, 12:00 PM
Inflation has fallen in most developed nations, and central bank officials are now trying to steer their economies toward a so-called soft landing.
2024-09-11
Berkshire unloads another chunk of Bank of America as CEO Moynihan lauds Buffett as great shareholder
Sep 11, 2024, 8:26 AM
Since mid-July, Berkshire Hathaway has sold more than 174.7 million shares of the Charlotte, North Carolina-based bank for $7.2 billion.
2024-09-10
Big bank stocks slide as executives temper earnings and digest less onerous capital increases
Sep 10, 2024, 5:12 PM
Big bank executives delivered mostly tempered and cautionary comments around the uncertainty of earnings going forward at a conference hosted by Barclays Monday and Tuesday.
The Fed scales back proposal for bank capital requirements
Sep 10, 2024, 11:53 AM
The Federal Reserve unveiled that it's planning to scale back a proposal to raise capital requirements for banks after politicians and the banking industry pushed back on the initial plan, warning it could restrict lending and hurt the economy.
The Fed scales back proposal for bank capital requirements
Sep 10, 2024, 10:23 AM
The Federal Reserve unveiled that it's planning to scale back a proposal to raise capital requirements for banks after politicians and the banking industry pushed back on the initial plan, warning it could restrict lending and hurt the economy.
After Fierce Lobbying, Regulators Soften Proposed Rules on Banks
Sep 10, 2024, 11:03 AM
A top Federal Reserve official said blowback to proposed rules on capital requirements had led him to “relearn the lesson of humility.”
Bank of America ups minimum hourly pay to $24
Sep 10, 2024, 6:34 AM
The new rate, announced on Tuesday, represents a $1-per-hour increase for all full- and part-time hourly Bank of America workers in the United States.
2024-09-06
For the Fed, a Sign That the Job Market is Cooling but Not Imploding
Sep 6, 2024, 8:53 AM
Fed officials are hurtling toward a rate cut this month, but Friday’s jobs data left their options open on the size of that reduction.
2024-08-28
Warren Buffett keeps selling more Bank of America stock
Aug 28, 2024, 10:54 AM
Berkshire Hathaway reached an exclusive territory Wednesday that in the US currently includes just six other companies — all from the tech world.