The nation's second-largest bank issued guidance that net interest income will reach up to $15.7 billion by next year's fourth quarter, a 7% increase.

Brian Moynihan, who turned 65 this week, has shown no indication that he will be slowing down in the near future. The Bank of America veteran has been at the helm of the company for nearly 14 ...

Bank of America CEO Brian Moynihan said that while Wall Street may welcome less regulation, the financial sector always ends up paying through the teeth for its oversights. Speaking to the ...

Bank of America stock is trading lower Wednesday after the financial firm reported earnings but Wall Street isn't worried. Here's why.

Investors will be keen to hear about the company's target for 2025, especially as expectations for rate cuts have been reined in. Bank of America is scheduled to report fourth-quarter earnings before the opening bell Thursday. How will shifting expectations on interest rates impact Bank of America?

Bank of America is set to award stock to most of its global employees for the eighth time since 2017, following a robust performance by the second-largest U.S. lender in 2024, according to an internal memo seen by Reuters on Friday.

Bank of America reported a significant increase in profits due to strong investment banking activity and improved equity markets. CEO Brian Moynihan expressed optimism for 2025, citing growth in deposits and loans.

Bank of America on Thursday announced profits more than doubled in the fourth quarter, surging to $6.7 billion from $3.1 billion in the same period last year - another in a wave of favorable reports from the nation's biggest banks. The 111% increase in earnings buoyed its full-year profits to $27.1 billion.

Goldman Sachs raises CEO David Solomon’s pay and awards $80M retention bonuses to ensure leadership stability and long-term growth.

Goldman's president and chief operating officer was also awarded a retention bonus of $80 million in restricted stock, the bank said on Friday.