Bank of America Stock News

Bank of America on Wednesday announced a reshuffle in its global corporate and investment banking (GCIB) business, naming Faiz Ahmad and Mike Joo as new co-heads of global investment banking, according to an internal memo seen by Reuters.

CHARLOTTE, N.C. , Aug. 20, 2025 /PRNewswire/ -- Erica, the most widely adopted AI-driven virtual financial assistant, is a central gateway to serving clients – assisting nearly 50 million users since launch, surpassing 3 billion client interactions, and now averaging more than 58 million interactions per month.

CHARLOTTE, N.C. , Aug. 18, 2025 /PRNewswire/ -- Bank of America today announced plans to host an Investor Day on Wednesday, November 5, 2025, in Boston, with presentations by the company's Management Team.

Each quarter, investors anxiously await Warren Buffett's company B erkshire Hathaway filing its 13F filing with the Securities and Exchange Commission, divulging what stocks Berkshire held at the end of the quarter, and, therefore, what stocks the company bought and sold in any given quarter. Investors are always looking for a glimpse into the genius of Buffett and his team of investors, especi...

Berkshire Hathaway bought beaten-down UnitedHealth Group, pared back on Apple and was a net seller of stocks in Q2.

Target Corp (NYSE:TGT) shares fell around 1.6% Friday after Bank of America downgraded the retailer to “Underperform” from “Neutral,” citing what it described as deteriorating long-term prospects. BofA lowered its price target to $93 from $105, noting that Target is lagging behind competitors on sales, digital growth, and strategic investments.

Throughout this country, Bank of America (BAC 0.93%) branches are as common a sight as outlets of your favorite coffee chain or supermarket. The lender is one of the "Big Four" U.S. banks, alongside JPMorgan Chase, Wells Fargo, and Citigroup.

New York Attorney General Letitia James sued the parent company of payment network Zelle for allegedly enabling fraud. James alleged that the company knew about ongoing fraud between 2017 and 2023 and did not take actionable steps to resolve it.