News Topic: Bank of America

The two megabanks face different problems, as Bank of America customers are frustrated over fees and customer service while Wells customers are alarmed about the bank's recent scandals. ... Read full article

Millennials are targeting homeownership within the next few years, but many are buying into certain house-purchasing myths, according to Bank of America. ... Read full article

BNY Mellon snags tech exec from Bank of America as CTO; dissent spreads at CFPB over top aide's writings; Anne Finucane ready to lead BofA's European operations; and more from this week's most-read stories. ... Read full article

At American Banker's annual Most Powerful Women in Banking gala on Thursday evening in New York, honorees urged the industry to promote more women and people of color. ... Read full article

Glassbox, a digital customer management company based in London, allows banks like JPMorgan Chase and Bank of America to use data and analytics to study customers' behavior. ... Read full article

Cathy Bessant, Chief Operations and Technology Officer at Bank of America and American Banker's Most Powerful Woman in Banking, quoted Steve Nicks in saying women can be both ladies and legends. ... Read full article

Glassbox, a digital customer management company based in London, allows banks like JPMorgan Chase and Bank of America to use data and analytics to study customers' behavior. ... Read full article

The 22-year Bank of America vet loves digging into the company's financials and finding ways to simplify cumbersome processes. “The work is demanding. It can be deeply analytical in that you have to take the complex and make it simple.” ... Read full article

How do you get someone like Bank of America's Anne Finucane as a mentor? Be impressive enough to get her attention and tough enough to take her constructive criticism. ... Read full article

Sabet Elias has been named the trust bank's chief technology officer and will report to another BofA alum, Bridget Engle. ... Read full article

Major banks including Goldman Sachs, Bank of America, Credit Suisse and JPMorgan Chase must face allegations that they conspired to prevent the "antiquated" stock loan market from evolving into a transparent electronic exchange. ... Read full article

The nation's largest bank overtook PNC Bank to snag the top spot in an annual study that evaluates satisfaction levels at the nation's six largest retail banks. ... Read full article

Bank of America's Anne Walker and Anne Finucane share some advice for aspiring leaders looking to find a mentor. ... Read full article

New data from the FDIC shows that banks with less than $10 billion of assets are ceding deposit share to their larger rivals. What can they do to keep pace? ... Read full article

Cathy Bessant, Bank of America's chief operations and technology officer and American Banker's Most Powerful Woman in Banking for 2018, keeps testing the limits of what the industry can do, while pushing herself at the same time. ... Read full article

Innovative. Influential. Impactful. The 25 female leaders in this ranking are skillfully navigating industry disruption and — in many ways — driving it as well. ... Read full article

Amazon's voice assistant will soon be in cars and even microwaves, but banks have not yet proven to customers they can serve them with conversational tech. ... Read full article

The bank pared down its application to 50 questions and allows customers to do the easy work before turning it to the loan officer. ... Read full article