#bank-of-america

[ follow ]
#stock-market

Warren Buffett sold-off BofA stock. Will it boom under Trump?

Investors are divided on Bank of America stock despite Warren Buffett's sell-off; some maintain a bullish outlook, particularly regarding financials.

Warren Buffett's BofA stake is shrinking so much, it's near a key threshold for regulators

Berkshire Hathaway can delay stock disclosures as its stake in Bank of America falls below 10%.
Buffett's selling spree has yielded Berkshire $6.2 billion amidst speculation.

Warren Buffett's BofA stock-selling spree surpasses $10 billion

Warren Buffett's Berkshire Hathaway has divested over $10 billion in Bank of America stock amid ongoing selling pressure, reflecting strategic investment adjustments.

Berkshire Hathaway trims Bank of America stake by $863 million

Berkshire Hathaway reduces its stake in Bank of America to 10.5%, nearing a regulatory threshold.

Bank of America (BAC) Price Prediction and Forecast

Bank of America faces significant challenges that could impact its stock performance and operational stability amid regulatory and market pressures.

Warren Buffett has sold about $10 billion of Bank of America stock - after slashing his Apple stake by nearly 60%

Warren Buffett has sold 23% of his Bank of America stake, generating around $10 billion since mid-July.

Warren Buffett sold-off BofA stock. Will it boom under Trump?

Investors are divided on Bank of America stock despite Warren Buffett's sell-off; some maintain a bullish outlook, particularly regarding financials.

Warren Buffett's BofA stake is shrinking so much, it's near a key threshold for regulators

Berkshire Hathaway can delay stock disclosures as its stake in Bank of America falls below 10%.
Buffett's selling spree has yielded Berkshire $6.2 billion amidst speculation.

Warren Buffett's BofA stock-selling spree surpasses $10 billion

Warren Buffett's Berkshire Hathaway has divested over $10 billion in Bank of America stock amid ongoing selling pressure, reflecting strategic investment adjustments.

Berkshire Hathaway trims Bank of America stake by $863 million

Berkshire Hathaway reduces its stake in Bank of America to 10.5%, nearing a regulatory threshold.

Bank of America (BAC) Price Prediction and Forecast

Bank of America faces significant challenges that could impact its stock performance and operational stability amid regulatory and market pressures.

Warren Buffett has sold about $10 billion of Bank of America stock - after slashing his Apple stake by nearly 60%

Warren Buffett has sold 23% of his Bank of America stake, generating around $10 billion since mid-July.
morestock-market

Bank of America's "Museums On Us" Free Museum Weekend (2024)

Bank of America cardholders enjoy free museum access during the first weekend of each month, enhancing cultural participation.

Bank of America's "Museums On Us" Free Museum Weekend (2024)

Bank of America cardholders enjoy free museum access on designated weekends, enhancing cultural engagement.
#investment

Should you buy Nvidia stock now? It may be a once-in-a-generation opportunity

Nvidia's stock growth remains a contentious topic as analysts highlight substantial AI market potential and strong investor interest amidst debates on sustainability.

Bank of America (BAC) Price Prediction and Forecast

Bank of America, despite significant challenges, remains a dominant institution but faces hurdles from regulations and market conditions.

BofA's CEO says commercial real estate will be 'slow burn'

The banking industry is facing challenges with commercial real estate loans
Bank of America's CEO emphasizes the slow nature of working through commercial real estate issues

Should you buy Nvidia stock now? It may be a once-in-a-generation opportunity

Nvidia's stock growth remains a contentious topic as analysts highlight substantial AI market potential and strong investor interest amidst debates on sustainability.

Bank of America (BAC) Price Prediction and Forecast

Bank of America, despite significant challenges, remains a dominant institution but faces hurdles from regulations and market conditions.

BofA's CEO says commercial real estate will be 'slow burn'

The banking industry is facing challenges with commercial real estate loans
Bank of America's CEO emphasizes the slow nature of working through commercial real estate issues
moreinvestment
#interest-rates

Bank of America mortgage origination volume declines 7% in Q3

Bank of America experienced a decline in mortgage production despite falling interest rates, which benefited competitors like Wells Fargo and JPMorgan Chase.

Bank of America (BAC) Price Prediction and Forecast

Bank of America faces significant headwinds due to high interest rates, regulatory challenges, and insider stock sell-offs, affecting investor confidence and future growth.

Bank of America mortgage origination volume declines 7% in Q3

Bank of America experienced a decline in mortgage production despite falling interest rates, which benefited competitors like Wells Fargo and JPMorgan Chase.

Bank of America (BAC) Price Prediction and Forecast

Bank of America faces significant headwinds due to high interest rates, regulatory challenges, and insider stock sell-offs, affecting investor confidence and future growth.
moreinterest-rates
#service-disruption

If your Bank of America balance is suddenly 0, it's a glitch

Bank of America customers experienced significant outages and incorrect account balances on their app and website, causing widespread confusion and complaints.

Bank of America is down - with some people's accounts showing as EMPTY

Bank of America is facing a nationwide outage affecting online and mobile banking, leaving many customers with incorrect account information.

If your Bank of America balance is suddenly 0, it's a glitch

Bank of America customers experienced significant outages and incorrect account balances on their app and website, causing widespread confusion and complaints.

Bank of America is down - with some people's accounts showing as EMPTY

Bank of America is facing a nationwide outage affecting online and mobile banking, leaving many customers with incorrect account information.
moreservice-disruption
#technical-outages

Bank of America outage: Customers report app and website glitches, panic over $0 balances

Bank of America faced significant outages affecting customer account access, with numerous reports of $0 balances and difficulties logging in.

Is Bank of America Still Down? Reports of Mass Outage | Entrepreneur

Bank of America customers faced widespread issues accessing accounts, but the company is addressing and resolving the problems.

Bank of America outage: Customers report app and website glitches, panic over $0 balances

Bank of America faced significant outages affecting customer account access, with numerous reports of $0 balances and difficulties logging in.

Is Bank of America Still Down? Reports of Mass Outage | Entrepreneur

Bank of America customers faced widespread issues accessing accounts, but the company is addressing and resolving the problems.
moretechnical-outages
#online-banking

Bank of America is opening 165 new branches, joins list of financial retail expansions in the age of online banking

Bank of America is expanding its physical branches despite the rise of online banking, indicating a continued demand for in-person financial services.

Thousands of Bank of America customers locked out of accounts

Bank of America experienced a glitch affecting thousands of customers' account access and balance visibility, leading to significant frustration.
Social media served as a platform for customers to express their distress and seek clarification from Bank of America amidst the glitch.

Bank of America is opening 165 new branches, joins list of financial retail expansions in the age of online banking

Bank of America is expanding its physical branches despite the rise of online banking, indicating a continued demand for in-person financial services.

Thousands of Bank of America customers locked out of accounts

Bank of America experienced a glitch affecting thousands of customers' account access and balance visibility, leading to significant frustration.
Social media served as a platform for customers to express their distress and seek clarification from Bank of America amidst the glitch.
moreonline-banking
#stock-performance

Bank of America (BAC) Price Prediction and Forecast

Bank of America, a leading financial institution, faces multiple challenges including internal shakeups and strict regulatory pressures that impact its stock performance.

Bank of America (BAC) Price Prediction and Forecast

Bank of America is a resilient financial institution but is struggling with recent operational and regulatory challenges.

Bank of America (BAC) Price Prediction and Forecast

Bank of America, a leading financial institution, faces multiple challenges including internal shakeups and strict regulatory pressures that impact its stock performance.

Bank of America (BAC) Price Prediction and Forecast

Bank of America is a resilient financial institution but is struggling with recent operational and regulatory challenges.
morestock-performance

Bank of America survey predicts massive AI lift to corporate profits

Generative AI is transitioning in enterprise settings, potentially increasing corporate profit margins significantly over the next five years.
#economic-outlook

Delinquent debt is piling up. Here's why it's not a reason to worry about the US consumer, according to BofA CEO Brian Moynihan.

Consumer delinquency rates are normalizing to pre-pandemic levels, indicating stability in household finances, according to Bank of America CEO Brian Moynihan.

BofA details clients' 5 major economic fears-then knocks them all down

Bank of America economists believe there is no imminent economic recession despite some concerns and a projected 'bumpier landing' for the economy.

Delinquent debt is piling up. Here's why it's not a reason to worry about the US consumer, according to BofA CEO Brian Moynihan.

Consumer delinquency rates are normalizing to pre-pandemic levels, indicating stability in household finances, according to Bank of America CEO Brian Moynihan.

BofA details clients' 5 major economic fears-then knocks them all down

Bank of America economists believe there is no imminent economic recession despite some concerns and a projected 'bumpier landing' for the economy.
moreeconomic-outlook

Palantir is totally misunderstood on Wall Street, and shares will soar, BofA says

Palantir Technologies is gaining recognition but remains misunderstood on Wall Street, especially regarding its unique sales strategy and technology capabilities.
#jpmorgan

'Nothing is going to change.' Why Wall Street insiders are casting doubt on new policies to protect junior investment bankers from burnout.

JPMorgan and Bank of America implement policies to reduce junior banker burnout following the death of Leo Lukenas.

JPMorgan just capped junior bankers' hours-at 80 per week

JPMorgan and Bank of America are acting to reduce the demanding work culture in investment banking following tragic incidents linked to overworking.

'Nothing is going to change.' Why Wall Street insiders are casting doubt on new policies to protect junior investment bankers from burnout.

JPMorgan and Bank of America implement policies to reduce junior banker burnout following the death of Leo Lukenas.

JPMorgan just capped junior bankers' hours-at 80 per week

JPMorgan and Bank of America are acting to reduce the demanding work culture in investment banking following tragic incidents linked to overworking.
morejpmorgan
#wage-increase

Bank of America raises minimum hourly pay to $24, as tellers flee the industry

Bank of America will raise hourly wages to at least $24, aiming to attract and retain talent in competitive labor markets.

Bank of America raises minimum wage eight times in eight years, but axed 4,000 last year

Bank of America raised its minimum wage to $24/hour, increasing annual salary to $50,000, while decreasing overall headcount despite these pay raises.

Bank of America raises minimum hourly pay to $24, as tellers flee the industry

Bank of America will raise hourly wages to at least $24, aiming to attract and retain talent in competitive labor markets.

Bank of America raises minimum wage eight times in eight years, but axed 4,000 last year

Bank of America raised its minimum wage to $24/hour, increasing annual salary to $50,000, while decreasing overall headcount despite these pay raises.
morewage-increase

The Morning Risk Report: Bank of America Shared Nonpublic Information With Investors in India, Whistleblower Says

Bank of America is investigating potential misconduct involving the sharing of nonpublic information related to a stock sale in India.

The DOJ can't break up Nvidia party, the stock's still going to be high, BofA says

Speculation regarding a DOJ investigation into Nvidia does not currently suggest a significant impact on its stock or business fundamentals.
from ESPN.com
3 months ago

FIFA adds Bank of America as World Cup sponsor

FIFA has secured its first global banking sponsor, Bank of America, ahead of the 2026 men's World Cup.

Bank of America tells junior execs to blow the whistle on managers who overwork them

Bank of America is addressing pressure on junior bankers to underreport hours, highlighting concerns for employee well-being and corporate culture.

Warren Buffett's Berkshire has generated $3.8 billion in proceeds after selling BofA stock for 12 straight days

Warren Buffett has been consistently selling Bank of America shares, reducing their stake by 8.8% since mid-July for $3.8 billion in proceeds.

Merrill Lynch settles class action racial discrimination lawsuit for $20 million

Merrill Lynch settles $20 million racial discrimination lawsuit against Black financial advisers.

Supreme Court gives homeowners another chance in escrow dispute with Bank of America

Homeowners may get interest on mortgage escrow accounts as some states have laws requiring banks like Bank of America to pay interest.

Coinbase Upgraded to Neutral From Underperform at Bank of America on Positive Crypto Market Dynamics

Bank of America upgraded Coinbase to neutral and increased price target to $217 from $110.
#data-breach

Bank of America warns customers of data breach after vendor hack

Bank of America warns customers of a data breach after one of its service providers, Infosys McCamish Systems, was hacked.
Approximately 57,028 Bank of America customers were directly impacted by the data breach.

Infosys subsidiary named as source of Bank of America leak

Infosys disclosed a data breach suffered by its US subsidiary, Infosys McCamish Systems, which led to the non-availability of certain applications and systems.
Bank of America was affected by the data breach, with information on 57,028 people being leaked, including personal identifiers like Social Security Numbers.

Bank of America warns customers of data breach after vendor hack

Bank of America warns customers of a data breach after one of its service providers, Infosys McCamish Systems, was hacked.
Approximately 57,028 Bank of America customers were directly impacted by the data breach.

Infosys subsidiary named as source of Bank of America leak

Infosys disclosed a data breach suffered by its US subsidiary, Infosys McCamish Systems, which led to the non-availability of certain applications and systems.
Bank of America was affected by the data breach, with information on 57,028 people being leaked, including personal identifiers like Social Security Numbers.
moredata-breach

Bank of America warns employees over lack of in-office attendance

Bank of America warns employees of disciplinary action for not returning to the workplace
About a quarter of American workers are still remote, according to Goldman Sachs

SF bank burglarized, thieves rammed through wall with car

A business in San Francisco's Outer Richmond neighborhood was burglarized, causing significant damage. The thieves used a vehicle to ram through the building and steal cash, possibly from a Bank of America branch. The burglary is under investigation and no suspects have been arrested.

Bank of America shuttering nearly two dozen Bay Area branches

Bank of America is closing nearly two dozen branches in the Bay Area.
Other banks in the area are also closing multiple branches.

Simply Asset Finance Secures 120m Loan Facility from Bank of America to Boost UK Business Lending

Simply Asset Finance secured a £120 million loan facility from Bank of America, enhancing lending capacity and growth potential.
[ Load more ]