Bank of america Stories
JPMorgan Chase, BofA and Wells Fargo Sued For 'Festering' Fraud On Zelle
Federal regulators said the nation's largest banks failed to put safeguards in place for consumers, creating a "gold mine for fraudsters."
Bank Of America Customers Shocked By Zero Balances In Online Account Glitch
Reports of the outage began flowing into Downdetector around noon ET Wednesday.
Bank Of America Raises Minimum Wage To $24 An Hour
Bank Of America raised its minimum hourly wage to $24 an hour.
Warren Buffett Rakes In $7 Billion From Bank Of America Stock Sales
Berkshire Hathaway has sold Bank of America stock in nine consecutive trading sessions, dating back to Aug. 26.
Warren Buffett Sells Another $845M In Bank Of America Stock
The move marked the seventh time the billionaire's Berkshire Hathaway holding company has cut its stake in the lender since July
Bank Of America CEO Warns Of Consumer Discontent If Fed Delays Rate Cuts
Moynihan said a reduction could be necessary as early as September if inflation continues to ease.
Are US Banks Redefining Overdraft Practices? Revenue Declines Hint At Shifting Trends
Major U.S. retail banks experienced a significant decline in overdraft revenue last year, signaling a shift towards more consumer-friendly practices.
Bank of America To Pay $12 Million Fine For Inacurate Mortgage Data
The bank failed to accurately reported answers on demographic data that can be used to identify possible discriminatory practices, CFPB said.
BofA Increases Profits And Warns That Consumer Spending Is Slowing
The second-largest U.S. bank benefited from higher interest rates in the third quarter.
Amazon Prime Day Revenue: E-Commerce Giant's Two-Day Earnings Will Shock You
As consumers continue to embrace the convenience of online shopping, Amazon's staggering Prime Day earnings reveal its immense power in the digital marketplace.
Bank Of America Ordered To Pay $250 Mn For Consumer Violations
US regulators ordered Bank of America to pay $250 million in fines and restitution for unfair fees and other banking violations that harmed consumers, authorities said Tuesday.
Bank Of America Warns Clients Over Devaluation Due To Mass 'Magic: The Gathering' Printing
Hasbro stock slides down as they reprint valuable 'Magic: The Gathering' cards.
Despite Crypto Sell-Off, 90% Of Consumers Plan To Buy Crypto In 2022: Survey
The survey by Bank of America noted that 39 percent of respondents said they used cryptocurrencies as a means of payment for online purchases.
'Black Panther' Director Ryan Coogler Detained By Police, Mistaken For Bank Robber
"This situation should never have happened," Ryan Coogler said of the January incident.
Bank Of America Praises Avalanche's Scaling Capability, AVAX Jumps
Bank of America analysts called Avalanche a credible alternative to Ethereum for DeFi projects, NFTs, gaming and other assets, CoinDesk, a major crypto media outlet, said.
Bank Of America Unveils Program For Customers To Avoid More Overdraft Fees
Bank of America is introducing a new program to move away from overdraft fees.
British Finance Sector's 'EU Passport' Set To Expire
British finance sector's 'EU passport' set to expire
Bitcoin Market Cap Hits $280B; Now Bigger Than Disney, Netflix, Bank Of America
The benchmark cryptocurrency's market cap has recently surpassed the market capitalization of some major publicly-listed companies.
Real Estate Wire Fraud Is A Growing Cybercrime, But There Are Ways To Prevent It
Victims of real estate wire fraud have already lost $220 million this year
JPMorgan Chase Pledges $30 Billion To Ease Racial Inequality, But Can Corporations Become Social Justice Warriors?
JPMorgan joins a long list of companies pledging to fight inequality and undo past wrongs
Gold Hits $2,000, All-Time High As Worries Over Global Economy Swirl
Gold has been one of the best performing asset classes this year
Warren Buffett Keeps Buying Bank Of America Shares Despite Banking Industry Woes
The billionaire has bought so many Bank Of America shares that it’s now Berkshire-Hathaway’s second largest equity holding
How Millennial Finance Will Make The Legacy Banking System Irrelevant
As the first digital-native generation, millennials are driving change with fintech in the form of decentralized finance.
Thursday’s Stock Market Close: US Equities Fall On Another Grim Jobless Claims Report, Yields Drop
US stocks dropped on Thursday as Bank of America saw its profit plunge by 52%
Thursday’s Stock Market Open: US Equities Drop As Another 1.3 Million File Jobless Claims, China Sells Off
US stocks fell on Thursday as Bank of America saw its profit drop 52%
Bank of America Second Quarter Earnings Drop 52%, Sets Aside Another $4 Billion For COVID-19 Losses
Bank of America is particularly vulnerable to low interest rates
Banking Giant Wells Fargo May Be Preparing To Cut Tens Of Thousands Of Jobs
Wells Fargo has been besieged by mounting loan loss provisions
US Racial Inequality: Bank Of America Pledges $1 Billion To Help Communities Hurt By Coronavirus
"We all need to do more,” Bank of America CEO Brian Moynihan said.
Wednesday's Stock Market Close: US Equities Drop On Plunging Bank Earnings, Grim Economic Data
U.S. stocks fell on Wednesday as major U.S. banks reported big declines in first quarter earnings.
Wednesday's Stock Market Open: US Equities Fall As More Big Banks Post Profit Drops, Oil Below $20
U.S. stocks fell on Wednesday as major U.S. banks reported big declines in first quarter earnings.