Bank of America

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

09/06/18

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.

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Biggest U.S. banks slash muni-bond holdings after tax cut

08/27/18

JPMorgan Chase, State Street, Wells Fargo, Citigroup and Bank of America decreased their holdings of tax-exempt bonds by nearly $16 billion in the first half of 2018, according to quarterly filings with the U.S. Securities and Exchange Commission.

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Nonprofit for at-risk kids is helping banks solve cyber talent shortage

08/23/18

BNY Mellon, JPMorgan and Bank of America are recruiting interns from Year Up, many of whom lack college degrees but are trained in high-demand fields such as cybersecurity and anti-money-laundering.

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Banks network to flag human traffickers

08/20/18

Bank of America and several other large U.S. financial services companies, as part an effort organized by the Thomson Reuters Foundation and Western Union, have published resources to help smaller banks spot signs of forced labor and kidnapping.

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JPMorgan hires BofA exec to lead midsize business banking in Calif.

08/20/18

In a newly created role, Tony Sciarrino will oversee middle-market bankers in more than a dozen offices across California.

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Feds probe PNC; Credit card problems ahead?

08/20/18

The bank said it has received subpoenas related to low-income housing tax credits; write-offs of bad credit card debt creep up.

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House Democrat calls for hearing on banks' citizenship requirements

08/16/18

Rep. Emanuel Cleaver, D-Mo., says he is concerned that banks are freezing accounts of customers if they aren't providing citizenship information.

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BofA backlash, Facebook’s bad deal and selling a century-old bank: Top stories of the week

08/10/18

The Trump administration's stance on immigration is causing headaches for some banks, how a tiny black-owned bank is turning to fintech to turn itself around; why banks are rejecting Facebook's offer to share data and more from this week's most-read stories.

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BofA faces backlash over questions about customers' citizenship

08/06/18

The bank's predicament suggests that the Trump administration's hard-line stance on immigration can cause headaches for financial institutions.

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More faces of the financial crisis: Where are they now? (Banker edition)

07/31/18

Jamie Dimon and Lloyd Blankfein remain prominent public figures, but many other crisis-era CEOs have kept low profiles over the past decade.

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