Bank of America
Bank of America
Bank of America Corp is one of the largest financial institutions in the United States, with more than $2.5 trillion in assets. It is organized into four major segments: consumer banking, global wealth and investment management, global banking, and global markets.
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The third interest rate increase of the year could have a significant impact on banks' lending, deposit gathering and even M&A decisions. Here's what to expect.
October 10 -
The two megabanks face different problems, as Bank of America customers are frustrated over fees and customer service while Wells customers are alarmed about the bank's recent scandals.
October 10 -
Millennials are targeting homeownership within the next few years, but many are buying into certain house-purchasing myths, according to Bank of America.
October 10 -
Cathy Bessant, Bank of America's chief technology officer and American Banker's No. 1 Most Powerful Woman in Banking, offered thoughts on diversity and inspiration during the gala on Oct. 4, 2018.
October 5 -
BNY Mellon snags tech exec from Bank of America as CTO; dissent spreads at CFPB over top aide's writings; Anne Finucane ready to lead BofA's European operations; and more from this week's most-read stories.
October 5 -
At American Banker's annual Most Powerful Women in Banking gala on Thursday evening in New York, honorees urged the industry to promote more women and people of color.
October 5 -
Cathy Bessant, chief operations and technology officer at Bank of America and American Banker's Most Powerful Woman in Banking, quoted Stevie Nicks in saying women can be both ladies and legends.
October 4 -
Glassbox, a digital customer management company based in London, allows banks like JPMorgan Chase and Bank of America to use data and analytics to study customers' behavior.
October 4 -
The 22-year Bank of America vet loves digging into the company's financials and finding ways to simplify cumbersome processes. “The work is demanding. It can be deeply analytical in that you have to take the complex and make it simple.”
October 3 -
Finucane has tackled some sizable problems at Bank of America in recent years, so it makes perfect sense she's been tasked to manage one of the thorniest issues facing big banks today: leading BofA's European operations in the wake of Brexit.
October 3 -
How do you get someone like Bank of America's Anne Finucane as a mentor? Be impressive enough to get her attention and tough enough to take her constructive criticism.
October 2 -
Sabet Elias has been named the trust bank's chief technology officer and will report to another BofA alum, Bridget Engle.
October 1 -
Major banks including Goldman Sachs, Bank of America, Credit Suisse and JPMorgan Chase must face allegations that they conspired to prevent the "antiquated" stock loan market from evolving into a transparent electronic exchange.
September 28 -
The nation's largest bank overtook PNC Bank to snag the top spot in an annual study that evaluates satisfaction levels at the nation's six largest retail banks.
September 27 -
Bank of America's Anne Walker and Anne Finucane share some advice for aspiring leaders looking to find a mentor.
September 26 -
New data from the FDIC shows that banks with less than $10 billion of assets are ceding deposit share to their larger rivals. What can they do to keep pace?
September 25 -
Anne Clarke Wolff, Bank of America's head of global corporate banking and global leasing, is finding new ways to serve customers, including launching an initiative to provide corporate customers with benefits for their employees.
September 23 -
As head of Bank of America's environmental, social and governance initiatives, Anne Finucane has been on the cutting edge of several hot button topics this year, including whether the bank would continue to bank certain gun manufacturers in the wake of mass shootings.
September 23 -
By embracing big data, the global research division headed by Browning saw, in one year, a 700% increase in the number of research reports it was able to publish.
September 23 -
Cathy Bessant, Bank of America's chief operations and technology officer and American Banker's Most Powerful Woman in Banking for 2018, keeps pushing herself, while testing the limits of what the industry can do.
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