Bank of America Stock News

Bank of America's private banking arm said on Friday industry veterans Phillip Edwards and Lauren Stuhmer would join its Palm Beach office as private client advisers.

The Oracle of Omaha has concentrated Berkshire's investment portfolio in his best ideas.

Bank of America's co-head of investment banking in India and two other bankers have left the company amid an investigation into wrongdoing allegations, the Financial Times reported on Thursday, citing three people familiar with the matter.

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Warren Buffett hat überrascht: Der Star-Investor verkauft große Aktienpositionen, baut Rekordcash auf und investiert in zwei spannende neue Unternehmen.

Private Bank market executive for Michigan and Minnesota, will also oversee the bank's efforts to grow market share DETROIT , Nov. 20, 2024 /PRNewswire/ -- Bank of America has named Ed Siaje president of Bank of America Detroit. As president and head of the market, he will connect clients, teammates and communities to the full power of the franchise and drive integration across the bank's eight...

Investment activity in October focused on Business Development Companies, with $1,300 added to the market. Adjusted dividend income in October of $789, up 25% Y/Y and up 11% sequentially. Main picks included Blackstone Secured Lending, Goldman Sachs BDC, and Midcap Financial Investment Corporation.

The Bank of Canada (BoC) is likely to cut interest rates in December by 25 basis points after headline inflation for October came in at 2%, analysts at the Bank of America Corp (NYSE:BAC) believe. Analysts see just a 25 basis point cut in December instead of another 50 basis point decrease as inflation rose month-over-month from 1.6% in September, driven by higher gas prices.