Bank of America Stock News

Bank of America's latest cull has eliminated 150 jobs of junior bankers at its investment bank, two sources familiar with the matter told Reuters on Tuesday.

Bank of America eliminated some investment banking roles on Monday, including in New York, according to three sources familiar with the situation who declined to be identified discussing personnel matters.

CHARLOTTE, N.C. , March 7, 2025 /PRNewswire/ -- Bank of America Corporation announced today that it will redeem on March 16, 2025 all CAD400,000,000 principal amount outstanding of its Floating Rate Senior Notes, due March 2026 (CUSIP No.

The last seven days marked the third “brutal” week in a row for bank stocks.

While the recent volatility breakouts in the S&P 500 have scared some investors out of the consumer discretionary space, as cyclical stocks tend to underperform during times of uncertainty, a few positive developments have emerged. Today, macroeconomic data in the United States economy will pay dividends for investors who are willing to look where most won't.

Panama's government has closed a 1.2 billion euros ($1.29 billion) loan with a two-year maturity with a subsidiary of Bank of America, the Economy Ministry said a statement on Thursday.

Not surprisingly, the stock market was having a rather weak day on Tuesday, after President Trump's tariffs went into effect on Canada, Mexico, and China. As of 12:15 p.m.

Since Acting Director Russell Vought has taken over the CFPB, the agency has dropped at least a half dozen cases brought by his predecessor, Rohit Chopra. In December, the CFPB sued Early Warning Services, which runs the peer-to-peer payments network, as well as JPMorgan Chase, Bank of America and Wells Fargo, alleging that the firms failed to properly investigate fraud complaints or give victi...