bank of america corp.

A new Bank of America Institute report found that taxpayers' refund checks will on average be about 5% larger compared to a year ago, with most planning to pay debt or save the refund.

New findings published by the New York Federal Reserve show that a growing number of Americans are struggling to make their monthly credit card payments.

Bank of America appears to be walking back a pledge the company made in 2021 to not finance new coal mines, coal-powered plants or Arctic drilling.

The U.S. lender posted net income of $3.1 billion, or 35 cents a share, for the three months ended Dec. 31. That compares with $7.1 billion, or 85 cents a share, a year earlier.

The CEOs of the eight largest U.S. banks planned to push back on pending banking regulations as burdensome at Tuesday's hearing before the Senate Banking Committee.

Bank of America and Deutsch Bank both released outlooks predicting the Federal Reserve will cut interest rates next year. The latter says the U.S. will enter a "mild recession."

Deposits at some of the nation's largest banks including Bank of America, Wells Fargo and Chase were delayed on Friday due to a system-wide processing issue.

JPMorgan Chase CEO Jamie Dimon warned Texas it risks damaging its business-friendly image with laws aimed at punishing major Wall Street firms.

With lending conditions "tight" and consumer temperature on inflation concerns still hot, Bank of America Chairman and CEO Brian Moynihan reveals timing of an economic slowdown.

Bank of America's minimum hourly pay will become $23 once the company's planned increase happens. That $1 bump is slated for U.S. employees in October.