Bank of America Corp


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Bank of America Merrill Lynch Animal Health Summit

Latest Developments


Bank Of America Sets Regular Quarterly Cash Dividend Of $0.18/Share

Bank Of America Reports Quarterly EPS OF $0.74

Bank Of America Accelerates Move To $20 Per Hour Minimum Wage In 2020


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.

Contact Info

Bank of America Corporate Center

100 N Tryon St


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 Knox

President - U.S. Trust

Key Stats

2.39 mean rating - 28 analysts
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Latest News

Latest News

Bank of America warns negative U.S. rates could hurt operations

Bank of America Corp <BAC.N> cited the possibility of negative interest rates in the United States as a business risk for the first time in a filing on Wednesday.

Bank of America veteran Renier to chair industrials unit: memo

Veteran banker Jean-Eudes Renier is taking on a new role as chairman of Bank of America's <BAC.N> global industrials investment banking unit as a part of a leadership reshuffle aimed at bolstering the bank's client coverage.

Bank of America CEO Moynihan's 2019 compensation unchanged at $26.5 million

Bank of America Corp <BAC.N> kept Chief Executive Officer Brian Moynihan's 2019 compensation flat at $26.5 million, according a filing on Friday.

Bank of America CEO Moynihan's 2019 compensation remains unchanged at $26.5 mln

Bank of America Corp said on Friday that Chief Executive Officer Brian Moynihan's 2019 compensation remained $26.5 million, the same as a year earlier. Moynihan's compensation package has two parts: a base salary of $1.5 million and equity incentive award of $25 million,...

Exclusive: Bank of America to hire 50 bankers for Asia dealmaking team in 2020 - sources

Bank of America Corp <BAC.N> will recruit about 50 bankers for its investment banking team in Asia this year, as it pushes to bolster its dealmaking business and shore up revenues from the unit, three people with direct knowledge of the matter said.

EXCLUSIVE-Bank of America to hire 50 bankers for Asia dealmaking team in 2020 - sources

* Headcount expansion plans to focus on HK, Singapore, Australia

CEO says Bank of America aims to 'double' its U.S. consumer market share: FT

Brian Moynihan, the chief executive officer of Bank of America Corp <BAC.N>, has said the bank could double its consumer market share in the United States despite fears about the power of the country's largest banking institutions.

Bank of America adds advisors to cater to the ultra-wealthy

Bank of America Private Bank <BAC.N>, formerly U.S. Trust, is doubling down on efforts to court more business from the country's wealthiest individuals, an executive told Reuters.

Low rates bruise Bank of America profits into 2020

Bank of America Corp got stung by lower interest rates in the fourth quarter, sending its profit down 4%, a trend that management expects to continue this year.

Bank of America quarterly profit falls 4%

Bank of America Corp posted a 4.1% fall in quarterly profit on Wednesday, as lower interest rates crimped the second-biggest U.S. lender's ability to earn more from loans.

U.S. regulator allows Bank of America to fund housing advisers

Bank of America Corp can fund agencies that advise struggling home buyers under a relaxed regulatory program unveiled in September, the U.S. consumer watchdog said on Friday.

Federal Reserve terminates 2015 forex enforcement action against Bank of America

The U.S. Federal Reserve announced Wednesday it had terminated a 2015 enforcement action against Bank of America <BAC.N> over its shortcomings in preventing traders from manipulating foreign exchange rates.

Bank of America, Raymond James to pay $12 million for college fund overcharges

Bank of America Corp <BAC.N> and Raymond James Financial Inc <RJF.N> will pay roughly $12 million in restitution to customers who incurred excessive fees on investments meant to help their children afford college, a U.S. regulator said on Wednesday.

Bank of America, Raymond James to pay $12 mln restitution for fund overcharges

A U.S. regulator said units of Bank of America Corp and Raymond James Financial Inc will pay roughly 12 million in restitution to customers who incurred excess fees on their investments in so-called 529 plans, which are used to encourage saving for educational expenses.

IBM, Bank of America team up to launch financial services-specific cloud

International Business Machines Corp said on Wednesday that it has built financial services-specific cloud technology in collaboration with Bank of America Corp, which will be the first major bank to use the platform.

Bank of America to give employees special bonuses for 2019 performance

Bank of America Corp <BAC.N> will reward employees for the bank's strong performance through special bonuses for the third straight year, according to an internal memo viewed by Reuters.

Bank of America expands zero-commission stock trading

Bank Of America said on Monday it would expand its zero-dollar online trading to all customers of its Preferred Rewards program and cut commissions for others, following similar moves by several online brokers.

Bank of America puts investments over cost cuts as 'operating leverage' fades

For the first time in nearly five years, Bank of America Corp <BAC.N> did not rely on cost cuts to amplify profits – the latest sign of big U.S. banks prioritizing investments in their businesses over short-term gains.

Bank of America beats profit estimates on surge in advisory, lending

Bank of America Corp <BAC.N> beat Wall Street estimates for quarterly profit on Wednesday as it earned more in advisory fees and its loan book expanded, easing concerns that lower interest rates would crimp growth at the second-largest U.S. bank.

Bank of America profit falls on $2 bln impairment charge

Bank of America Corp, the second-largest U.S. bank by assets, reported a 21% fall in quarterly profit on Wednesday, hurt mainly by a $2 billion pretax impairment charge.

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