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Bank of America tops estimates on better-than-expected net interest income, equities trading
Bank of America, the second-largest U.S. bank by assets, has been a beneficiary of the industry's recent tailwinds.
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Bank of America’s CEO says he’s bullish on the US economy as earnings edge past expectations
Bank of America on Wednesday joined rival JPMorgan Chase in beating earnings estimates after the number-two bank saw broad-based revenue growth in the fourth quarter.
Bank of America chief executive Brian Moynihan has warned bitcoin and crypto legislation could trigger a $6 trillion bank exodus as deposits are
Bank of America (NYSE:BAC) will release earnings for the fourth quarter before the opening bell on Wednesday, Jan. 14. Analysts expect the bank to report fourth-quarter earnings of 96 cents per share.
India's markets regulator has accused a Bank of America (BofA) business of violating insider trading rules and breaking internal "Chinese walls" in a 2024 share sale, a notice from the Securities and Exchange Board of India (SEBI) showed.
Bank of America generated better-than-expected earnings and revenue for its fourth fiscal quarter: the Wall Street bank reported $0.98 per-share in normalized earnings compared to an average expectation of $0.95 per-share. Fourth-quarter revenues came in at $28.4B which resulted in a $624.7M beat of consensus top line expectations.
The CEO said BofA will be “fine,” but warned stablecoin adoption could drain deposits from banks and push up borrowing costs.
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Investors are taking a fresh look at Google, as new partnerships tied to its Gemini models help push the stock higher. On Jan. 11, Google and Walmart (WMT) said they plan to roll out a new shopping experience inside Google’s Gemini chatbot,