Bank of America

BofA, Wells can't block shareholder proposals on pay-gap data: SEC

02/26/19

The Securities and Exchange Commission rejected the banks' arguments that the proposals amounted to shareholder micromanagement and that they have made ample disclosures.

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Goldman staffs new venture; Volcker unloads on banks

02/26/19

Bank makes first hires for its corporate cash management business; the former Fed chair says the industry is too focused on profits.

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Ocasio-Cortez questions bank funding of prisons that hold immigrants

02/25/19

The New York congresswoman, who sits on the House Financial Services Committee, said the panel wants to make banks "accountable for investing in and making money off of the detention of immigrants."

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

02/25/19

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

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Banks try new tools to learn what doesn't click in digital

02/20/19

Page views and sales results don't explain which customers do what, and why they do things (or don't do them), in online and mobile banking.

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How will rivals respond to JPM Coin?

02/14/19

Barclays, Bank of America, TD Bank and other banks have filed multiple blockchain patents over the years, but have yet to publicly announce their plans for the technology.

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Thorn in banks’ side pushes for disclosure of raw pay-gap numbers

02/13/19

Arjuna Capital is filing shareholder proposals with 11 financial and tech companies to uncover median gender pay gaps, which it said would determine if more women are concentrated in lower-paying jobs.

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Banks fleeing post-Brexit U.K. face fresh regulatory scrutiny

02/13/19

Global banks moving operations from the U.K. to the European Union because of Brexit are poised to face fresh regulatory scrutiny on the value of their assets and capital as the bloc's top watchdog seeks to curtail risks.

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BofA boosts Moynihan's pay to record $26.5 million

02/08/19

The CEO earned a 15% pay increase after the company posted record profits.

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Chase, Wells, BofA to waive ATM fees for public-benefits recipients

02/08/19

The three large banks banks are joining a number of institutions in agreeing to eliminate fees for Californians who receive benefits via electronic transfer cards. Chase and BofA will also waiving the fees nationwide.

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