The Federal Reserve's proposed modifications to the SCB calculation could further enhance Bank of America's position. If ...

In a Bank of America Global Research Report, economist Shruti Mishra outlines where the payroll, unemployment and wage ...

As corporations increase their interest in real-time payments, FedNow has boosted its transaction limit from $500,000 to $1 ...

Bank of America, very popular in the United States, has taken another step to offer its customers much more convenient options when making a transfer ...

If Congress goes all in on crypto, some of America's top banks are ready to follow. At an industry conference in New York this week, top executives at Bank of America, Fifth Third Bancorp and U.S.

Bank of America has announced a new wave of branch closures across the United States. So far in 2025, the financial institution has shut down locations in more than 10 states, including California ...

Bank of America saw more than 14 billion log-ins in 2024, while interaction with its virtual financial assistant Erica surpassed 2.7 billion, Moynihan said. The bank launched Erica in 2018.

Bank of America makes it straightforward to send and receive wire transfers, whether domestically or internationally. Always ...

The number of job cuts has not been previously reported. Reuters reported on Monday that the bank had eliminated some investment banking roles. The reduction, an annual exercise, comes weeks after ...

Bank of America warned that anyone contacted about this breach may have had their name, account numbers, addresses, contact information, date of birth, social security number, and other government ...

What Happened: The Bank of America has alerted a small group of its customers about a data breach that may have exposed confidential information. The breach, which took place on December 30, was a ...

NEW YORK, March 10 (Reuters) - Bank of America (BAC.N), opens new tab eliminated some investment banking roles on Monday, including in New York, according to three sources familiar with the ...