Bank of America Corp


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Bank of America Merrill Lynch Taiwan Tech Corporate Day (Virtual)

Latest Developments


Bank Of America Declares Quarterly Stock Dividends

Bank Of America Reports Q2 Earnings Of $3.5 Billion, EPS Of $0.37

Bank Of America Announces Redemption Of Senior Notes


About Bank of America Corp

Bank of America Corporation is a bank holding company and a financial holding company. The Company is a financial institution, serving individual consumers and others with a range of banking, investing, asset management and other financial and risk management products and services. The Company, through its banking and various non-bank subsidiaries, throughout the United States and in international markets, provides a range of banking and non-bank financial services and products through four business segments: Consumer Banking, which comprises Deposits and Consumer Lending; Global Wealth & Investment Management, which consists of two primary businesses: Merrill Lynch Global Wealth Management and U.S. Trust, Bank of America Private Wealth Management; Global Banking, which provides a range of lending-related products and services; Global Markets, which offers sales and trading services, and All Other, which consists of equity investments, residual expense allocations and other.


Regional Banks

Contact Info

Bank of America Corporate Center

100 N Tryon St



United States


Executive Leadership

Brian T. Moynihan

Chairman of the Board, President, Chief Executive Officer

Thong M. Nguyen

Vice Chairman of the Board

Paul M. Donofrio

Chief Financial Officer

Dean C. Athanasia

President - Retail and Preferred & Small Business Banking

Kathleen A. Knox

President - U.S. Trust

Key Stats

2.33 mean rating - 27 analysts
Revenue (MM, USD)
















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Latest News

Latest News

Buffett's Berkshire boosts its stake in Bank of America to 11.8%

Warren Buffett's Berkshire Hathaway Inc <BRKa.N> said on Thursday it has bought another $522 million (397.47 million pounds) of stock in Bank of America Corp <BAC.N>, boosting its already large stake in the second-largest U.S. bank by assets.

Bank of America revises up 2020 Brazil GDP forecast to -5.7% from -7.7%

Economists at Bank of America have revised up their outlook for Brazil's economy, which is now on track to shrink by 5.7% this year instead of 7.7% as previously forecast, they said in a note published on Wednesday.

MOVES-Bank of America names new head of business banking

Bank of America Corp said on Monday it has promoted Raul Anaya to head of business banking. In his new role, the 30-year firm veteran will oversee the business line that serves mid-sized U.S.-based companies with annual revenues between $5 million and $50 million. Anaya,...

Mexico could lose investment grade rating in 2021: Bank of America

Mexico could lose its investment grade credit rating in 2021, with public debt expected to make up 60% of the country's gross domestic product this year as the economy contracts sharply, Bank of America said in a report on Thursday.

Bank of America profit slumps as heavy loan losses loom

Bank of America Corp saw its profit more than halve in the second quarter as it set aside $5 billion to cover potential loan losses, while warning that it would struggle as long as interest rates stayed low.

Bank of America profit more than halves on pandemic woes

Bank of America Corp reported a drop of more than 50% in second-quarter profit on Thursday as it set aside $4 billion for potential loan losses tied to the coronavirus pandemic.

MOVES-Bank of America shuffles Asia capital markets leaders

Bank of America said on Monday it has appointed Matt Basler and Craig Coben to co-head its Asia Pacific capital markets business.

BofA sees oil demand recovering, hikes crude forecasts

Bank of America (BofA) Global Research has lifted its oil price forecast for this year and next as demand recovers from coronavirus-linked shutdowns, the OPEC+ output cut deal curtails supply, and producers slash capital expenditure.

MOVES-Bank of America names Kleinsteuber to run Americas insurance investment banking

Bank of America Corp has appointed Brad Kleinsteuber as its head of insurance investment banking in the Americas, according to an internal memo seen by Reuters on Monday, the contents of which were confirmed by a bank spokesman.

Bank of America to pay $7.23 million for mutual fund overcharges: FINRA

Bank of America Corp <BAC.N> agreed to pay $7.23 million in restitution and interest to settle a U.S. regulator's accusations that it overcharged customers on mutual funds.

Bank of America to pay $7.23 million after overcharging mutual fund customers--FINRA

Bank of America Corp agreed to pay $7.23 million in restitution and interest to settle a U.S. regulator's accusations that it overcharged customers on mutual funds.

Bank of America pledges $1 billion to address racial, economic inequality

Bank of America Corp said on Tuesday it is making a $1 billion, four-year commitment to help communities address economic and racial inequality exacerbated by the COVID-19 global pandemic.

Bank of America insurance investment banking chief exits: sources

Thomas Solomon has decided to step down as head of insurance investment banking in the Americas at Bank of America Corp <BAC.N>, people familiar with the matter said on Wednesday.

Emerging economies burn through $240 billion in reserves, drain seen continuing: Bank of America

Leading emerging countries have burned through $240 billion in foreign exchange reserves over the past two months, Bank of America said on Monday, as central banks look to prop up their currencies and economies in the face of COVID-19.

Bank of America CEO says some consumer spending is beginning to pick up

Bank of America Corp Chief Executive Brian Moynihan said on Friday that the bank is seeing some consumer spending beginning to pick up as some states ease restrictions related to the coronavirus pandemic.

Bank of America has 256,000 loan applications ready for SBA

Bank of America Corp <BAC.N> said on Thursday it has 256,000 loan applications ready to be processed by the Small Business Administration, a U.S. government agency that provides support to entrepreneurs and small businesses, as part of the Paycheck Protection Program.

Goldman poaches Bank of America's Fortunati to boost industrials ranks: sources

Goldman Sachs <GS.N> has snapped up a Bank of America <BAC.N> dealmaker to build up its industrials team as it seeks to win more business in one of the sectors hardest-hit by the coronavirus outbreak, three sources told Reuters.

Bank of America gives dour economic outlook, profit falls

Bank of America Corp <BAC.N> reported a 48.5% drop in first-quarter net income on Wednesday, warning that it anticipated a recession because of the novel coronavirus and setting aside an additional $3.6 billion to cover potential losses.

CORRECTED-Bank of America profit nearly halves as loan loss provisions soar

Bank of America Corp recorded a 48.5% fall in quarterly profit as the bank set aside $3.6 billion for potential loan losses tied to the coronavirus pandemic.

Trading gains for big U.S. banks may not last past first quarter

Big U.S. banks made a pretty penny in trading during the first quarter as the coronavirus pandemic caused wild market swings, analysts said, but those gains will likely be overshadowed by declines in other businesses and a bleak outlook for the rest of the year.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.