In the third quarter, America's second-largest bank surpassed Wall Street's forecasts for net income, revenue and earnings per share.

Bank of America's O'Neill talks about innovation in banking and what's next for retail customers.

In a career spanning three decades at Bank of America, O'Neill has risen from trainee to the head of all consumer banking. In the near term, she plans to open more branches and make better use of AI.

Under Stewart's leadership, the bank's commercial banking services gained 8% year-over-year growth in middle-market loans.

Knox, who has led the private bank for the past 7 years, is building out a multigenerational team to support the needs of current and future clients.

Hans, who has been in wealth management for more than 20 years, said that her biggest challenge last year was dealing with market volatility.

Miller, who has been at BofA for nearly three decades, said that banking "is a trust business."

Signs of elevated stress are emerging within the $1.7 trillion private credit market as default rates are rising and more borrowers are choosing to defer cash interest payments, according to a Bank of America Corp. report.

The U.S. Department of Justice declined prosecution after BofA Securities self-reported the violations and fixed major compliance gaps.

Each year, American Banker chooses five teams that embody the spirit of collaboration and illustrate how teamwork can have a substantial impact on a bank's top and bottom lines.

The goal of the regional banking team members is to partner across their respective business lines or service areas to bring in more clients to BofA and to better serve existing clients.

The Charlotte-based megabank announced that it had appointed two business leaders to be co-presidents of the bank, and elevated its chief financial officer to serve as executive vice president.

New client acquisition was standout in 2024. Scarry's "intensity" is unwavering as she looks to grow the EMEA equity long-short client base in the year ahead.

President Trump in an interview Tuesday morning railed against big banks for allegedly discriminating against conservatives, a notable shift in tone that puts more responsibility for the debanking debacle on banks rather than regulators.

President Donald Trump accused two of the nations' largest banks of rejecting his business, following a report his administration was preparing an executive order threatening financial institutions who refused to do business on ideological grounds.

With the GENIUS Act near the finish line, top execs are revealing their plans for the digital asset during calls with analysts.

CEO Brian Moynihan plans to keep directing some of the bank's excess capital into new market expansions, he said Wednesday. "Organic growth is the reality," given the bank's already dominant U.S. market share, he said.

After passing the Federal Reserve's stress tests with high marks, large banks announced dividend increases. In some cases, they also said the Fed had conceded that certain prior calculations needed to be revised.

It's early, but financial institutions are getting ready to issue the digital asset.

The Texas attorney general has accused WEX Bank of "debanking" a firearm supplier, but the Maine-based bank said it does not discriminate against any industry.