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Fueled by growing deposits and a boost in sales and trading revenue, Bank of America’s first-quarter profit blows past Wall Street analyst estimates.
Risks are mounting but, overall, the economy is still in a good place, according to Bank of America CEO Brian Moynihan.
Bank of America BAC.N shareholders voted on Tuesday to approve pay packages for CEO Brian Moynihan and the lender's top executives, and also elected its 14 directors on the board.
Bank of America also has had at least two rounds of layoffs this year, The Charlotte Observer previously reported, including 150 investment division workers last month. Bank officials did not discuss ...
A trade deal announcement would accomplish two key objectives for Trump, Bank of America CEO Brian Moynihan told Fox News. "One is it [a trade deal] would give them [Trump administration] a ...
Bank of America's earnings were $7.4 billion, or 90 cents per share, in the quarter ended March 31, the bank, led by Brian Moynihan, said on Tuesday morning.
The famed investor delivered a more than 5,500,000% return on Berkshire's stock as he turned a once-failing textile firm into ...
Bank of America CEO Brian Moynihan acknowledged in a statement Tuesday that "we potentially face a changing economy in the future" — a nod to the uncertainties ahead as some of Trump's more ...
Christina Rexrode is an editor on the economics team at The Wall Street Journal, overseeing coverage of the Federal Reserve, economic data and any number of kitchen-table issues. She previously ran ...
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