Bank of America Corporation (BAC)
Fed Unveils a Scaled-Back Capital Requirements Plan for Big Banks
The Fed unveils plans that will tone down proposed capital requirements for big banks like JPM, C, WFC, and BAC.
Berkshire unloads another chunk of Bank of America as CEO Moynihan lauds Buffett as great shareholder
Since mid-July, Berkshire Hathaway has sold more than 174.7 million shares of the Charlotte-based bank for $7.2 billion.
Berkshire Hathaway Continues to Sell Bank of America Stock; Stake Now at 11.1%
Berkshire now has sold Bank of America stock for 12 straight trading sessions.
Bank of America Corporation (BAC) Barclays 22nd Annual Global Financial Services Conference (Transcript)
Bank of America Corporation (NYSE:BAC ) Barclays 22nd Annual Global Financial Services Conference September 10, 2024 1:05 PM ET Company Participants Brian Moynihan - Chairman, CEO & President Conference Call Participants Jason Goldberg - Managing Director, Barclays Jason Goldberg Thanks, everybody. Thanks again for joining us today at this conference.
Bank of America Raises Minimum Wage to $24 an Hour
Bank of America (BAC) has raised its minimum wage to $24 an hour in the U.S., they announced Tuesday.
Bank of America CEO says Buffett has been a great backer, hasn't asked about stock sales
Bank of America CEO Brian Moynihan said on Tuesday Warren Buffett has been a great investor in the company, but he has not asked the legendary investor about recent moves to reduce his stake in the lender.
2 Bank Stocks Lower Amid Revised Basel Plan
Bank stocks are in focus today, after Federal Reserve Vice Chairman for Supervision Michael Barr announced a revised draft of the Basel rule, also known as "Basel Endgame.
Should You Buy Bank of America While It's Below $45?
Warren Buffett's Berkshire Hathaway is a large shareholder, probably because of Bank of America's durability. The stock's valuation does not look compelling right now, based on its price-to-book ratio.
Bank of America (BAC) Beats Stock Market Upswing: What Investors Need to Know
Bank of America (BAC) closed at $39.47 in the latest trading session, marking a +1.83% move from the prior day.
Bank of America hires JPMorgan's Tim Carpenter to co-lead software investment banking, source says
Bank of America has hired technology banking veteran Tim Carpenter from peer JPMorgan Chase to co-lead its software investment banking business, a source familiar with the matter said on Monday.
Warren Buffett's Berkshire Hathaway Further Trims Bank of America Stake
Warren Buffett's Berkshire Hathaway (BRK.A, BRK.B) further trimmed its stake in Bank of America (BAC), selling just over 18.7 million shares over the course of this week, according to a filing by the U.S. Securities and Exchange Commission (SEC).
FDIC-Insured Banks' Q2 Earnings Rise, Asset Quality Concerns Linger
The FDIC-Insured banks' (like JPM, BAC, C & WFC) Q2 earnings gain from higher non-interest income, while poor credit quality poses a headwind.
