Bank of America Corporation (BAC)
3 Stocks Moving to Warren Buffett Buzz
Shares of Bank of America Corp (NYSE:BAC) and Citigroup Inc (NYSE:C) are lower today, after Warren Buffett's Berkshire Hathaway (BRK) lowered its stake in both banks by 15% and 74%, respectively.
Warren Buffett's Berkshire Hathaway slashed its Bank of America stake and dumped bank stocks last quarter
Warren Buffett's Berkshire Hathaway cut its Bank of America stake and other bets last quarter. The investor's company exited two S&P 500 funds and only added one new stock, Constellation Brands.
Billionaire Warren Buffett Sold 34% of Berkshire's Stake in Bank of America and Is Piling Into a Beloved Consumer Brand That's Soared 7,600% Since Its IPO
Though Wall Street is home to more than a dozen prominent billionaire money managers, none captivates the attention of professional and everyday investors quite like Berkshire Hathaway's (BRK.A -0.33%) (BRK.B -0.19%) CEO Warren Buffett.
Bank of America hires former JPMorgan executive to strengthen private bank, memo says
Bank of America has hired JPMorgan Chase veteran Mike Marino as the Georgia market executive of its private bank, according to an internal memo seen by Reuters on Friday.
Big bank CEOs to meet with lawmakers on solutions to debanking
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.
Bank of America Corporation (BAC) Bank of America Securities Financial Services Conference (Transcript)
Bank of America Corporation (NYSE:BAC ) Bank of America Securities Financial Services Conference February 12, 2025 8:50 AM ET Company Participants Brian Moynihan - Chief Executive Officer Conference Call Participants Ebrahim Poonawala - BofA Securities Ebrahim Poonawala We will go ahead and get started. So good morning, everyone.
Bank of America CEO: Rates are going to stay where they are
Bank of America CEO Brian Moynihan said Wednesday that strong consumer spending so far this year means that the Federal Reserve will probably hold off on cutting its benchmark interest rate.
Bank of America CEO on inflation impact on U.S. economy: ‘Rates are going to stay where they are'
Bank of America CEO Brian Moynihan said Wednesday that strong consumer spending so far this year means that the Federal Reserve will probably hold off on cutting its benchmark interest rate. The bank's retail customers are spending about 6% more money in the first 40 days of this year compared to the same period in 2024, Moynihan told CNBC's Leslie Picker.
Bank of America CEO Brian Moynihan: Our research team has taken all rate cuts off the table
CNBC's Leslie Picker sits down with Bank of America chair and CEO Brian Moynihan to discuss expectations for rates, the potential impact to economy and markets, and more.
Should You Buy Bank of America While It's Below $50?
Bank of America (BAC 0.26%) has done a great job at winning over investors in recent times. The second-largest bank in the U.S. by assets has seen its shares soar 88% since late October 2023.
Bank of America Corporation (BAC) UBS Financial Services Conference (Transcript)
Bank of America Corporation (NYSE:BAC ) UBS Financial Services Conference February 11, 2025 1:50 PM ET Company Participants Holly O'Neill - President, Retail Banking Conference Call Participants Erika Najarian - UBS Erika Najarian All right everybody. Good afternoon.
BAC Mulls Over Buying $9B Residential Mortgage Loans From TD
Bank of America intends to acquire residential mortgage loans from TD to expand mortgage lending and strengthen its loan portfolio.
