U.S economy is not heading for a recession, says Bank of America CEOBank of America CEO Brian Moynihan has said that his team is a great team at Bank of America Research, and it did not find any recession pr...
13 Aug, 2024, 02.50 AM IST
Bank of America Q4 Results: Profit falls on $3.7 billion in chargesIts net interest income (NII) - the difference between what banks earn from loans and pay to depositors - fell 5% to $13.9 billion as the c...
12 Jan, 2024, 08.10 PM IST
Bank of America records better-than-expected fourth-quarter earnings; higher interest rates drive revenue upBank of America reported $14.7 billion of net interest income which is a hike of 29% year over year.
13 Jan, 2023, 07.14 PM IST
Prince Harry and Meghan Markle speak about their 'courage over fear' and 'a ripple of hope', read hereHarry and Meghan won an award for their mental health and racial justice work. The Duke and Duchess of Sussex said a ripple of hope can tur...
07 Dec, 2022, 06.23 PM IST
Brian Moynihan denies Jamie Dimon's economic predictionJamie Dimon, the CEO of JP Morgan, issued a warning to everyone about the current state of the economy. Dimon's warning was disregarded by ...
02 Jun, 2022, 06.12 PM IST
Bank of America gives special pandemic bonus to 97% of its 1.7 lakh staffIn an internal memo sent to the employees worldwide, which has been accessed by, Bank of America chief executive Brian Moynihan said in app...
25 Jan, 2021, 08.03 PM IST
India should focus on infrastructure, easing of tax rules: Brian Moynihan, CEO, Bank of AmericaGovernments across the world should prioritise handling the humanitarian crisis sparked by the pandemic through stimulus for the most-affec...
29 Oct, 2020, 09.36 AM IST
When Warren Buffett's investment was blocked by BofA’s call centreBofA's CEO Moynihan recalled how Buffett initially tried to reach his company with a proposal eight years ago.
09 Oct, 2019, 09.34 PM IST
BofA CEO warns of leveraged-loan ‘carnage’ if US economy slumpsPowell on Tuesday suggested he was open to cutting interest rates.
06 Jun, 2019, 08.43 AM IST
Globalisation will continue to play out in the long term: Brian T Moynihan, Bank of America"We don't expect the Fed chairman to be different from his predecessor in terms of discharging the mandate."
28 Feb, 2018, 08.20 AM IST
Fears of crash in bond market exaggerated: Brian Moynihan, BofA bossBenchmark US interest rate at 1.5 per cent is the highest since the 2008 global financial crisis.
28 Feb, 2018, 07.52 AM IST
India most attractive destination to invest after Narendra Modi's ascension: BofA chief Brian MoynihanMoynihan joins a list of global CEOs encouraged by the new government that came to power in May with the strongest mandate in three decades.
08 Dec, 2014, 04.32 PM IST
BofA chief meets PM Narendra Modi; promises to expand operations in IndiaEncouraged by the prospect of higher growth, BofA said it plans to expand its banking operations in India with particular focus on infra & ...
03 Dec, 2014, 10.00 PM IST
- BofA CEO Moynihan: Don't be quick to ditch Fannie, Freddie
Brian Moynihan said the taxpayer-supported mortgage giants, Fannie Mae and Freddie Mac, should not be eliminated as policymakers calibrate ...
14 Dec, 2012, 10.14 PM IST
- BofA loses No. 1 assets ranking to JPMorgan
Bank of America became biggest by assets under former CEO Kenneth D. Lewis through acquisitions.
19 Oct, 2011, 06.14 AM IST
- Bank of America may cut 10% jobs
Job cuts may total about 10% of the firm's 288k employees in the next 2-3 yrs, said a person with direct knowledge of the discussions.
10 Sep, 2011, 05.03 AM IST
- BofA sees its biggest loss in lender's history
Bank of America posted the biggest quarterly loss in the lender's history after chief executive Brian T Moynihan booked more costs.
20 Jul, 2011, 03.21 AM IST