Brian Moynihan

Breakingviews - Merrill Lynch deal a qualified success for BofA

NEW YORK (Reuters Breakingviews) - Buying Merrill Lynch has been a qualified success for Bank of America. The $310 billion mega-lender bought the Thundering Herd essentially over a weekend in the depths of the 2008 crisis for $50 billion. Merrill’s retail brokerage has worked out well. But the M&A …

Bank of America

Bank of America Corporate, Investment Banking Chief to Depart

Bank of America Corp. corporate and investment banking head Christian Meissner is leaving the bank, according to an internal memo reviewed by The Wall Street Journal.<p>The departure will mark the end of a nearly seven-year run in the role. Mr. Meissner was largely responsible for reshaping the unit …

Bank of America

BofA to Sell Alternative Operations With $20 Billion to ICapital

Bank of America Corp. agreed to sell businesses that administer alternative investment feeder funds to iCapital Network, a financial-technology firm …

Bank of America

If you deposit checks through a mobile app, start adding this phrase

You may have recently gotten a message from your bank that, yes, you should read and act upon.<p>The message being sent by many banks involves a small, but crucial change involving check deposits made using banks' mobile apps on smartphones and other devices.<p>Depositors must now include the phrase “For …

Bank of America

Moynihan Grows Into Role as BofA Chief

CEO sees ‘room to run’ after nearly nine years at the helm<p>A decade after the financial crisis, The Wall Street Journal has checked in on dozens of the bankers, government officials, chief executives, hedge-fund managers and others who left a mark on that period to find out what they are doing now. …

Bank of America

KeyCorp's Beth Mooney is among banking's highest-paid CEOs

KeyCorp chairman and CEO Beth Mooney, who's been repeatedly named the most powerful woman in banking in the past, continues to also be one of the …

Cleveland

KeyCorp's Beth Mooney among highest-paid bank CEOs - Buffalo - Buffalo Business First

By Allissa Kline <br>– Reporter, Buffalo Business First<p>Jul 23, 2018, 2:28pm EDT<b><br>Updated</b> Jul 23, 2018, 4:20pm EDT<p>The chairman and CEO of KeyCorp is one of …

Buffalo

It's Getting Tougher for Big Banks to Add Mobile Users

The biggest banks’ push into mobile is running out of low-hanging fruit.<p>Bank of America Corp. added active mobile customers at a slower pace for at …

Bank of America

Fintech Stocks Want to Put Money in Your Pocket: Chart

Get over your obsession with FANG stocks and try on discounted fintech stocks on for size.<p>Fintech price-to-earnings multiples remain below peaks hit …

Investing

BAC CEO: Mobile banking strength 'goes far beyond the millennials'

Jim Cramer sits down with Bank of America Chairman and CEO Brian Moynihan after earnings to crunch the numbers and hear what’s next for the financial …

Bank of America

GDP could rise to 4% in Q2 thanks to business-friendly policies, Bank of America CEO says

Jim Cramer sits down with Bank of America Chairman and CEO Brian Moynihan after earnings to crunch the numbers and hear what’s next for the financial …

Bank of America

What Bank of America CEO Brian Moynihan says about the company's momentum, strategy - Baltimore Business Journal

By Caroline Hudson <br>– Staff Writer, Charlotte Business Journal<p>Jul 17, 2018, 8:42am EDT<p>The story ofBank of America Corp. is much different than it was …

Baltimore

Jim Cramer: Bank of America Expects 4% Economic Growth in Q2

Bank of America (BAC) CEO Brian Moynihan told TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer that his research team …

Bank of America

GDP could rise to 4 percent in Q2 thanks to business-friendly policies, Bank of America CEO says

• U.S. gross domestic product could climb more than 4 percent in the second quarter, Bank of America Merrill Lynch researchers predict.<br>• Bank of America …

Markets

Bank of America CEO: Our mobile banking strength 'goes far beyond the millennials'

Jim Cramer sits down with Bank of America Chairman and CEO Brian Moynihan after earnings to crunch the numbers and hear what’s next for the financial …

Bank of America

Bank of America CEO Moynihan Is Banking on a Digital Transformation

From digital auto loans to person-to-person payments, mobile and digital transactions have become an increasingly transformative piece of Bank of …

Banking

Bank of America Profit Jumps 33% on Tax Cuts, Boost From Trading

Bank of America Corp. (BAC) said second-quarter profit jumped as President Donald Trump's tax cuts boosted its bottom line, while the trading …

Markets

Bank of America CEO: Our mobile banking strength 'goes fa...

Jim Cramer sits down with Bank of America Chairman and CEO Brian Moynihan after earnings to crunch the numbers and hear what’s next for the financial …

Bank of America

Bank of America shares rise after earnings, revenue top expectations

The Bank of America cost-cutting machine hummed along for another quarter.<p>The second-biggest U.S. lender said that second-quarter profit surged 33 …

Markets

Video: Here's How the Stock Market May Perform During the 2018 Midterm Elections

Tesla's second quarter was far from clean. But, CEO Elon Musk called out several things on the earnings call that played into a bullish thesis on the …

Stock Markets

Bank of America CEO: One big way to help veterans is help them get capital to start a business

Each year, more than 200,000 U.S. military veterans return to civilian life after serving our country in uniform. According to the Small Business …

Bank of America

Bank of America launches $20M veteran loan program in 5 markets, including Colorado

"Helping our veterans translate their skills and become entrepreneurs driving the U.S. economy is one of the ways Bank of America is thanking them …

Bank of America

Bank of America's AI Assistant Avoids Alexa-Like Eavesdropping

Bank of America Corp. says its artificial-intelligence assistant isn’t likely to listen in on private conversations the way Amazon.com Inc.’s Alexa …

Bank of America

Bank of America CEO sees second-quarter markets revenue flat vs year earlier

NEW YORK (Reuters) - Bank of America Corp (BAC.N) Chief Executive Brian Moynihan said second-quarter markets revenue from sales and trading will likely be flat compared with a year earlier, depending on what happens in June.<p>Brian T. Moynihan, Chairman and Chief Executive Officer of the Bank of …

Bank of America

Crapo criticizes Citibank, Bank of America on gun moves

The Senate’s top overseer of banks is criticizing moves by Citigroup Inc. C, -2.39% and Bank of America Corp. BAC, -1.30% to stop doing some business …

Bank of America

3 Charts to Know: Bank of America's Record Profit – Bloomberg

3 Charts to Know: Bank of America's Record Profit<p>3 Charts to Know: Bank of America's Record Profit<p>3 Charts to Know: Bank of America's Record …

Bank of America

Mortgage business now of minor importance at BofA

via Bloomberg<p>The once-mighty mortgage operation at Bank of America (NYSE:BAC) is now so small that results for Q1 (reported this morning) are lumped …

Bank of America

Breakingviews - BofA highlights bank shareholders’ luxury problem

NEW YORK (Reuters Breakingviews) - Shareholders have a new problem with U.S. bank stocks - but at least now it’s a luxury one. Bank of America on Monday revealed that it earned $6.9 billion in the first quarter of the year. That beat estimates, and like rival JPMorgan it was the best showing from …

Bank of America

Bank of America earnings: 62 cents per share, vs 59 cents expected

Bank of America reported Monday better-than-expected results for the first quarter of the year, driven by strong loan growth and lower taxes.<p>Here's …

Markets

Brian Moynihan made 250x median BofA salary last year

Publicly traded firms this year for the first time are required to disclose median employee pay, and the ratio to CEO salary.<p>According to Bank of …

Bank of America