Bank of America

Bank of America CEO Brian Moynihan said Wednesday that capitalism is “the best way to solve the challenges that are facing society.”

The CEOs of some of the largest banks in the U.S., including Goldman Sachs and JPMorgan Chase, will testify Wednesday on Capitol Hill for Senate's Wall Street oversight hearing.

Bank of America Corp.'s Merrill Lynch Wealth Management unit is banning trainee brokers from making cold calls, a vestige of an era when the industry pushed hot stocks on anyone who would pick up the phone.

Bank of America’s minimum wage will be up to $25 an hour by 2025.

Bank of America chairman and CEO Brian Moynihan, in an exclusive interview with FOX Business' Maria Bartiromo, said "shareholders ought to benefit" from the bank's profitability.

Bank of America Corp reported a jump in first-quarter profit that breezed past estimates on Thursday as it released reserves it had set aside to cover potential coronavirus loan losses.

Delta, JPMorgan and Goldman Sachs lead earnings reports in the week ahead, while investors will get a taste of Coinbase’s IPO, the first crypto company to go public.

A U.S. judge on Wednesday dismissed litigation accusing 10 large banks of conspiring to suppress competition in the now $21.2 trillion market for U.S. Treasury securities.

A former Bank of America employee allegedly "encouraged female victims into letting him assist them with setting up their bank accounts."

Wells Fargo will offer up to eight hours of paid time off beginning March 8 to encourage all eligible global employees to get COVID-19 vaccines 

Wells Fargo announced equity investments in six African American Minority Depository Institutions as part of its $50 million commitment last year to support economic growth in Black communities. 

Americans are upset following Fox News’ report that Bank of America may have handed private customer information over to the U.S. government related to the Capitol Hill riot – but the bank could have been legally required to do so.

Bank of America has committed $15 billion to homeownership efforts through 2025, the bank announced Wednesday.

JPMorgan Chase & Co. and Citigroup Inc. also said Friday they were releasing some of their reserves, reflecting an improving economic outlook.

A growing list of businesses are pausing or reviewing political contributions in response to efforts against the certification of the Electoral College and the Capitol riot by a group of Trump supporters that followed. 

Business leaders from Wall Street to Silicon Valley joined trade groups across the nation in calling for an end to the protests and violence on Capitol Hill.

Like droves of businesses around the nation, some of the country's largest banks are bracing for the possibility of protests or riots that may occur following the presidential election.

The move comes a week after CEO Brian Moynihan stressed that the company's "number one" priority during the pandemic has been to "take care of the employees."

America's biggest financial institutions are backing Democratic nominee Joe Biden, banking on a "blue wave" that will create jobs and boost the economy.

Deutsche Bank set an office return date of July 2021 for its U.S. employees on Wednesday as banks struggle with whether to bring workers back to Manhattan.