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Bank of America Merrill Lynch to pay $8.9M to regulators in conflict-of-interest allegations

Merrill Lynch, a subsidiary of Charlotte-based Bank of America Corp. (NYSE: BAC), agreed to pay nearly $8.9 million to the Securities and Exchange Commission in connection with conflict-of-interest allegations, according to a Monday filing. New York-ba.....»»

Category: topSource: bizjournalsAug 22nd, 2018

BNY Mellon Says Fund Performance Hurt By Lack Of Exposure To Bitcoin Stocks

Wall Street banking giant Bank of New York Mellon Corp (NYSE: BK) said the performance of one of its exchange-traded funds was considerably impacted by its lack of exposure to crypto stocks. read more.....»»

Category: blogSource: benzingaApr 30th, 2021

Bank of America (BAC) 2021 Q1 Financial Results Preview

Bank of America Corp (NYSE:BAC) traces its roots back to 1904 when an Italian immigrant, named Amadeo Giannini, established the Bank.....»»

Category: topSource: insidermonkeyApr 25th, 2021

: Roblox direct listing gets $45 reference price from NYSE

Roblox Corp. RBLX scored a reference price of $45 a share from the New York Stock Exchange late Tuesday as the tween-centric gaming platform prepares to go public through a direct listing on Wednesday. On the NYSE’s website, the e.....»»

Category: topSource: marketwatchMar 9th, 2021

IPO Report: Roblox direct listing gets $45 reference price from NYSE

Roblox Corp. scored a reference price of $45 a share from the New York Stock Exchange late Tuesday as the tween-centric gaming platform prepares to go public through a direct listing on Wednesday......»»

Category: topSource: marketwatchMar 9th, 2021

"Dangerous optimism" has the stock market on the brink of euphoria, Bank of America warns

Investors might have to "kiss double-digit S&P 500 returns goodbye" if the extreme optimism continues, BofA said. A trader blows bubble gum during the opening bell at the New York Stock Exchange (NYSE) on August 1, 2019, in New York City. JOHAN.....»»

Category: dealsSource: nytFeb 2nd, 2021

CEOs of Bank of America, Truist and Wells Fargo respond to U.S. Capitol breach

Chief executives at Charlotte's largest banks released statements on Wednesday night condemning the actions of those who stormed the U.S. Capitol. Brian Moynihan, CEO of Bank of America Corp. (NYSE: BAC), called the events appalling. He said it .....»»

Category: topSource: bizjournalsJan 7th, 2021

Bank of America profits drop by nearly half in first quarter as industry braces for coronavirus impact

Bank of America Corp. (NYSE: BAC) is the latest bank to take a first-quarter earnings hit as it prepares for the impact of the novel coronavirus. The Charlotte, North Carolina-based bank, the largest in South Florida by deposits, on Wednesday morning.....»»

Category: topSource: bizjournalsApr 16th, 2020

Bank of America profits drop in first quarter as industry braces for COVID-19

Charlotte's Bank of America Corp. (NYSE: BAC) is the latest bank to take a first-quarter earnings hit as it prepares for the impact of the novel coronavirus. The bank on Wednesday morning reported net income of $4 billion, or 40 cents per diluted.....»»

Category: topSource: bizjournalsApr 15th, 2020

Bank of America pledges $250M for small business loan program

Bank of America Corp. (NYSE: BAC) has pledged $250 million in capital to fund loans through the Coronavirus Aid, Relief and Economic Security Act's Paycheck Protection Program. Charlotte-based BofA will funnel the capital to community development fi.....»»

Category: topSource: bizjournalsMar 31st, 2020

Bank of America pledges $250M for CARES Act small business loan program

Bank of America Corp. (NYSE: BAC) has pledged $250 million in capital to fund loans through the Coronavirus Aid, Relief and Economic Security Act's Paycheck Protection Program. Charlotte-based BofA will funnel the capital to community development fi.....»»

Category: topSource: bizjournalsMar 31st, 2020

How Truist, Wells Fargo and Bank of America are responding to the coronavirus outbreak

Financial companies are ramping up travel restrictions to combat the spread of the novel coronavirus. Charlotte-based Bank of America Corp. (NYSE: BAC) previously restricted international travel, especially to hard-hit countries such as China, Sout.....»»

Category: topSource: bizjournalsMar 9th, 2020

How Bank of America, Wells Fargo and Truist are responding to the coronavirus outbreak

Financial companies are ramping up travel restrictions to combat the spread of the novel coronavirus. Charlotte-based Bank of America Corp. (NYSE: BAC) previously restricted international travel, especially to hard-hit countries such as China, Sout.....»»

Category: topSource: bizjournalsMar 6th, 2020

Here"s what Bank of America"s CEO earned in 2019

Bank of America Corp. CEO Brian Moynihan raked in $26.5 million in compensation in 2019, according to a filing with the Securities and Exchange Commission. The amount is the same as his compensation in 2018. It includes $1.5 million in base salar.....»»

Category: topSource: bizjournalsFeb 10th, 2020

8 Stocks To Watch For January 15, 2020

Some of the stocks that may grab investor focus today are: Wall Street expects Bank of America Corp (NYSE: BAC) to report quarterly earnings at $0.68 per share on revenue of $22.35 billion before the opening bell. Bank of America shares .....»»

Category: earningsSource: benzingaJan 15th, 2020

Corporate giants join Charlotte Hornets" business pitch in Paris

The Charlotte Hornets are turning to Bank of America Corp. and Honeywell International Inc. for assists with business recruiting as part of the NBA franchise’s trip to Paris next month. BofA (NYSE: BAC) has signed on as presenting sponsor and Hon.....»»

Category: topSource: bizjournalsDec 23rd, 2019

Charlotte corporate giants join Hornets" business pitch in Paris

The Charlotte Hornets are turning to Bank of America Corp. and Honeywell International Inc. for assists with business recruiting as part of the NBA franchise’s trip to Paris next month. BofA (NYSE: BAC) has signed on as presenting sponsor and Hon.....»»

Category: topSource: bizjournalsDec 23rd, 2019

Wells Fargo just eliminated online commissions. Here"s everything we know about brokerages" latest moves in the race to zero.

Wells Fargo on Tuesday became the latest firm to eliminate online trading commissions for stocks and exchange-traded funds on its self-directed platform. Bank of America did the s.....»»

Category: topSource: businessinsiderDec 10th, 2019

Option Traders Betting Against Bank Of America Following Trump Tariff Comments

Shares of Bank of America Corp (NYSE: BAC) are up 32.3% in 2019 .....»»

Category: blogSource: benzingaDec 3rd, 2019

Pete Najarian Sees Unusual Activity In Bank Of America And Macy"s

On CNBC's "Fast Money Halftime Report," Pete Najarian spoke about unusually high options activity in Bank of America Corp (NYSE: BAC). 0 read more.....»»

Category: blogSource: benzingaDec 2nd, 2019