Bank of America
The Latest
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Bank of America Sees 10% Profit Rise Amid Strong Wall Street Performance
Bank of America has reported a 10% rise in its third-quarter profits. The Charlotte, North Carolina-based banking giant announced earnings of $7.8 billion, with revenue climbing 2.9% to reach $25.32 billion. This performance surpassed analysts' expectations, with the bank's shares rising 1.4% in premarket trading. Bank of America has reported a 10% rise in its third-quarter profits. The Charlotte, North Carolina-based banking giant announced earnings of $7.8 billion, with revenue climbing 2.9% to reach $25.32 billion. This performance surpassed analysts' expectations, with the bank's shares rising 1.4% in premarket trading. -
Bank Of America Anticipates Potential Debt Default As Congress Bickers U.S. Debt Ceiling
“We have to be prepared for that," Bank of America CEO Brian Moynihan said “We have to be prepared for that," Bank of America CEO Brian Moynihan said -
Bank Of America Increasing Hourly Wages To $25 By 2025
It will be the highest minimum wage paid by a large bank and could pressure others to follow. It will be the highest minimum wage paid by a large bank and could pressure others to follow. -
Ka-Ching! Bank of America Customer Discovers $2.45 Billion Windfall
Psychiatrist Blaise Aguirre’s multibillion deposit soon found to be a “display error,” according to his bank. Psychiatrist Blaise Aguirre’s multibillion deposit soon found to be a “display error,” according to his bank. -
Berkshire Hathaway Billionaire Buys 34 Million Bank Of America Shares
The "Oracle of Omaha's" overall interest in BOA is worth nearly $24 billion. The "Oracle of Omaha's" overall interest in BOA is worth nearly $24 billion. -
Bank Of America Sees Dark Outlook, Revenues Drop Nearly Half
BOA expects recession due to virus and sets aside $3.6 billion to cover future losses. BOA expects recession due to virus and sets aside $3.6 billion to cover future losses. -
Global Economy Poised For Worst Year Since 2008 Great Recession
COVID-19 will decelerate world economic growth to 2.8% this year, the lowest since the Great Recession of 2008. COVID-19 will decelerate world economic growth to 2.8% this year, the lowest since the Great Recession of 2008. -
Bank Of America Plans To Double Share of US Consumer Market
Bank of America will rely solely on the U.S. to double its consumer market share. Bank of America will rely solely on the U.S. to double its consumer market share. -
Starting 2020, Bank Of America Will Increase Its Minimum Pay To $20
More than 208,000 US employees of Bank of America will get $20 per hour by end of first quarter next year More than 208,000 US employees of Bank of America will get $20 per hour by end of first quarter next year -
Warren Buffett Raises Stake In Bank Of America To $29 Billion
Warren Buffett's Berkshire Hathaway has increased its stake in the Bank of America to more than 10 percent, or more than $29 billion. Warren Buffett's Berkshire Hathaway has increased its stake in the Bank of America to more than 10 percent, or more than $29 billion.