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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A new U.K. rule requiring firms to disclose their pay practices, combined with the increased attention on women's workplace issues in general, is forcing banks and other companies to be more forthcoming about what they are paying female employees.
December 19 -
The Federal Reserve and Federal Deposit Insurance Corp. identified shortcomings with the living wills of Wells Fargo, Bank of America, Goldman Sachs and Morgan Stanley, even as they gave them and the remainder of the eight biggest banks a pass.
December 19 -
Bank of America Corp. told investment bank employees they'll soon be able to take off up to an additional six weeks in a year — with pay.
December 19 -
Maria Zuber, who oversees research administration and policy at MIT, has been appointed to the board's enterprise risk and corporate governance committees.
December 14 -
It’s only early December, but bank CEOs’ comments this week about tax reform, their thirst for deposits, consumer lending initiatives, and challenges in commercial lending offer a sneak peek at what’s coming when earnings season begins next month.
December 7 -
The incentive marks a new direction for card-linked offers, which have become a staple for many banks that offer the deals through third-party services like Cardlytics.
December 7 -
The Office of Financial Research said the failure of a large financial institution could still ignite a crisis; hotel chain plans to use both issuers for its credit cards.
December 6 -
America’s largest lenders made an epic mistake a decade ago when they cashed out of Visa and Mastercard through initial public offerings, says Chenault, who will step down in February as CEO of American Express.
December 5 -
The business faces a difficult comparison to last year, when activity spiked after Donald Trump’s surprising presidential election win, executives at the companies said.
December 5 -
Virtual assistants at banks in Israel, Canada and Hong Kong are getting smarter thanks to artificial intelligence.
November 29 -
A U.S. alcohol maker's $191 million investment in Canadian cannabis could raise difficult questions for the banks that have lent big sums of money to the company.
November 21 -
A U.S. alcohol maker's $191 million investment in Canadian cannabis could raise difficult questions for the banks that have lent big sums of money to the company.
November 20 -
As the banking industry moves closer to adopting a faster payments system, bank executives have begun to think through the impact it will have on clients and banks themselves.
November 17 -
Banks would be big winners if Congress slashes corporate tax rates and they will have no shortage of options for deploying all that extra cash.
November 15 -
Lisa Cochran and Yasaman Hadjibashi bolster tech leadership in Citigroup's global bank operations.
November 14 -
TruSight will assess, validate and monitor vendors on behalf of the consortium, which is expected to expand.
November 14 -
While the Bank of America chief says he is encouraged by progress on tax reform, he cautioned that it remains politically and fiscally tough to accomplish, and that the wrong moves on immigration could offset some of the gains from tax cuts.
November 13 -
As the banking industry moves closer to adopting a faster payments system, bank executives have begun to think through the impact it will have on clients and banks themselves.
November 12 -
Mobile banking, oddly enough, is redefining the role of call center agents as customers handle routine tasks on their smartphones and reach out for help with bigger-picture questions.
November 8 -
Andreas Bubenzer-Paim previously held a technology role at Bank of America.
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