Berkshire Hathaway's stake in BofA is now 10.5%.

Knox leads more than 4,500 professionals at Bank of America Private Bank, which generates $3.6 billion in annual revenue and has $640 billion in client balances from high-net-worth individuals, families and institutions. 

As president of retail banking, O'Neill said she is focused on putting clients on a path to financial health, delivering "a great experience" and transforming the business while applying technology in support of those objectives. 

Stewart took over as head of commercial banking three years ago as the country was coming out of the pandemic and several of the people on the commercial bank's leadership team were getting ready to retire.

Bank of America is planning to open 165 new branches by the end of 2026. As brick-and-mortar locations remain critical for adding new customer accounts, JPMorgan Chase and Wells Fargo are also making targeted additions to their branch networks.

The suit was filed by three New Jersey residents who alleged that BofA froze their prepaid debit cards during a pandemic-era fraud wave, blocking them from accessing unemployment benefits.

Jim Rourke and Michael Liu will serve as co-heads of private client partnership development, linking Bank of America's investment bank, Merrill and the firm's private bank.

Bank of America, Citigroup, HSBC and others are increasingly using sustainable and recycled materials for manufacturing

Berkshire Hathaway trimmed positions in Capital One and Bank of America in the last several months, public filings show.

Republican State Treasurer John Fleming said he had concerns about big banks limiting business with firearms entities and Christian organizations, but has few options: "Only a small number, relatively speaking, of banks actually qualify to do the level of business that a state treasurer requires."