Bank of America

Bank of America CEO Brian Moynihan argued geopolitical events and supply chain issues are creating "additional uncertainty," but notes that overall the U.S. economy is strong based on consumer spending, low unemployment and wage growth.

Bank of America economists expect the Federal Reserve to hike interest rates at every meeting for the remainder of the year as central bank policymakers look to tackle inflation.

Bank of America CEO Brian Moynihan predicted the economy could grow by 4% in 2022 and said that it's the Fed's "job" to bring it back to pre-pandemic levels.

Amid increased scrutiny from the CFPB towards banks' overdraft fees, Bank of America announced it is reducing these consumer charges.

Bank of America is joining JPMorgan and Capital One in cutting overdraft fees.

New York City Mayor Eric Adams scolded big banks for sending their Big Apple-based employees back to remote work amid the spread of the highly contagious omicron variant, asserting that the financial powerhouses "can't run New York City from home."

Major corporations found themselves in hot water during 2021 as whistleblowers revealed what they claimed were employee training sessions steeped in critical race theory.

Portland City Commissioner Jo Ann Hardesty defended herself as an "excellent steward of public dollars" amid concerns over her personal credit card debt after Bank of America sued her last month.

Bank of America CEO Brian Moynihan noted that his customers currently have more money in the bank and are spending more, but warned that supply chain issues, labor shortages and inflation could have an impact on economic growth.

Four of the largest U.S. banks said their profits grew by double-digits last quarter, as a healthier U.S. economy has allowed banks to have fewer bad loans and charge-offs.

Bank of America has raised its hourly minimum wage once more.

Bank of America's online banking site is experiencing outages.

Bank of America chairman and CEO Brian Moynihan said the changes "position the company with highly energized leaders who are committed to driving Responsible Growth through its second decade – delivering for our clients, communities and shareholders, and addressing major societal issues."

President Biden on Wednesday called on the private tech sector to “raise the bar on cybersecurity” in the United States.

Bank of America, Lowe's, Truist Financial, and more sponsored a United Way critical race theory challenge claiming that America is institutionally racist and urging people to get "woke at work" and "cede power to people of color."

A California man said a scammer posing as a Bank of America employee duped him by playing on his fear of being scammed.

Los Angeles prosecutors say the son of a Bank of America executive discovered his mom’s body inside her home after she had been beaten to death by her ex-boyfriend.

Two former Bank of America Corp. traders were convicted Wednesday of rigging precious-metals prices by using an aggressive tactic known as spoofing, the latest win for prosecutors in a yearslong effort to crack down on the practice.

Bank of America Corp's second-quarter earnings nearly tripled as it released loss reserves it had set aside last year, but its mainstay lending business took a hit from low interest rates put in place to revive a pandemic-hit economy.

Several major American banks announced dividend boosts on Monday, days after the Federal Reserve said all big lenders passed their stress test and lifted the heightened restrictions imposed due to COVID-19.