Bank of America Merrill Lynch

BofA adds to holiday cheer; AI could be a savings tool


The bank joins rivals in predicting a better than expected Q4; JPM exec says AI could help create products for savings.


Bank of America's Merrill Edge goes to zero-dollar trades amid price war


The move follows similar offers from other major brokerages in the last two weeks, as the wealth management industry races to woo clients with the lowest-priced products possible.


BofA considering subscription model for Merrill Edge


The offering would mirror a similar move by Charles Schwab to offering clients a new pricing plan for its robo service.


Bank of America ditching Merrill Lynch, U.S. Trust brands


BofA is rolling out new names for its investment banking, wealth management and private banking divisions.


Lifetime Achievement: UBS’ Rosemary Berkery


The former banking lawyer, who went on to run major business lines at Merrill Lynch and UBS, will be honored Thursday at American Banker’s Most Powerful Women in Banking gala.


Credit unions go on offense with plan to revive Glass-Steagall


Credit unions historically have focused on laws that directly pertain to them, but in a break with that tradition, NAFCU is calling on Congress to re-introduce efforts to break up big banks.


Wells looking at gender bias claims; TD's U.S. ops drive profit


Women managers in the Well Fargo’s wealth management division say they are being passed up for promotions; TD Bank's U.S. retail division saw profit jump 27% in fiscal Q3.


BofA Merrill Lynch app targets commercial prepaid cards


Bank of America Merrill Lynch has launched a mobile application to support commercial prepaid card programs and their cardholders.


Corporate customers want retail’s bells and whistles, too


"Banks should be investing in innovation in this area or risk getting left behind," a fintech CEO warns.


SIFIs slip; B of A Merrill settles securities charges


Almost half of systemically important financial institutions are trading in bear territory; bank is accused of overcharging customers for mortgage-backed securities.