Bank of America

BofA leads effort to draft global ESG standards for public companies


An international coalition led by Bank of America chief Brian Moynihan has proposed a framework for assessing how well big corporations are meeting the environmental, social and governance expectations of investors who value stakeholder capitalism.


Bank of America CEO says more stimulus needed to help last of recovery


Bank of America Chief Executive Brian Moynihan called for another round of federal stimulus to help the U.S. reach a full economic recovery from the coronavirus pandemic.


JPMorgan, BofA cut interest-income outlook amid jump in trading


The two biggest U.S. banks trimmed expectations for net interest income as low rates and tepid loan growth weigh on revenue.


Bank of America's patent machine keeps rolling


BofA, which has applied for or been granted thousands of patents, has been working recently on technologies that analyze spending patterns to give budgeting advice and use augmented reality to provide estate-planning services.


BofA details investments to help Black- and Hispanic-owned businesses


Bank of America announced how it plans to spend a third of its $1 billion commitment to address racial and economic inequities and the effects of the coronavirus pandemic in communities of color.


BofA's digital dominance, Wells' COVID competence, PPP nightmare: Top stories of the week


How Bank of America plans to stay ahead of the pack in digital banking; Wells Fargo gets top marks for COVID-19 safety; PPP lenders nearing $10B asset mark fear regulatory ordeal; and more from this week’s most-read stories.


Banks join push to give workers time off to vote


The move is part of the effort by banks and other companies to promote racial equity and be more sensitive to the stresses on front-line employees. It also coincides with rising concerns about the postal system’s ability to handle the rush of absentee ballots.


Bank of America dominates digital banking. Here’s how it plans to stay ahead.


The bank is making continuous improvements, including integrating Merrill Lynch accounts into its banking app and adding a security feature to Zelle.


Social media ambassadors, online education: How banks are courting Gen Z


Bank of America and Clinton Savings Bank in Massachusetts are targeting consumers at a young age and hoping to keep them for life.


PayPal picks Optus Bank, BofA's alleged sales push, Citi's snafu: Top stories of the week


Why PayPal just deposited $50 million in tiny Optus Bank; ex-Bank of America employees allege 'extreme pressure' to sell credit cards; the Citi snafu may bring fresh scrutiny to custodial banks; and more from this week's most-read stories.