Financials Brian Moynihan

  •  BofA beats Street on top and bottom line

    CNBC's Kayla Tausche breaks down the big bank's quarterly results.

  • Net income attributable to BofA's common shareholders fell to $3.87 billion, or 36 cents per share, in the second quarter ended June 30, from $4.80 billion, or 43 cents per share, a year earlier. Excluding items, the bank earned 37 cents per share, beating the average analyst estimate of 33 cents, according to Thomson Reuters I/B/E/S. "We continued to invest in core...

  • Net income attributable to the bank's common shareholders fell to $3.87 billion, or 36 cents per share, in the second quarter ended June 30, from $4.80 billion, or 43 cents per share, a year earlier. Provisions for bad loans rose 25 percent to $976 million and net interest income fell 12 percent to $9.2 billion. Bank of America, headed by Chief Executive Brian Moynihan,...

  • Fintech has created a host of start-ups intent on stealing market share from old-school banks, but there are plenty of obstacles ahead.

  • June 2- Bank of America Corp is on track for mid-single digit revenue growth in its trading businesses in the second quarter from a year ago, according to Chief Executive Officer Brian Moynihan. Speaking at an industry conference on Thursday, Moynihan said fixed income revenue, which accounts for about two-thirds of the trading business, was up, while equities,...

  • June 1- Bank of America Corp Chairman and Chief Executive Officer Brian Moynihan on Wednesday played down the impact on the bank if Donald Trump is elected as the next president of the United States. Moynihan was put on the spot by billionaire investor Wilbur Ross at an annual fundraising dinner for the Japan Society in New York when he was asked about a possible...

  • Wall Street money CEOs

    Keeping big banks from being broken up turns out to be great for their CEOs, according to one analyst report.

  • BofA's Moynihan: North Carolina bathroom law should be appealed

    Bank of America CEO Brian Moynihan explains why he thinks the North Carolina bathroom law should be reversed.

  • BofA CEO on banking

    CNBC's Wilfred Frost sits down with Bank of America CEO Brian Moynihan to get his perspective on the banking industry.

  • Moynihan on rates and costs

    Bank of America CEO Brian Moynihan discusses interest rates with CNBC's Wilfred Frost.

  • BofA CEO on politics and regulations

    CNBC's Wilfred Frost sits down with Bank of America CEO Brian Moynihan to ask him what a Trump presidency means for banks.

  • BofA's Moynihan on markets

    CNBC's Wilfred Frost sits down with Bank of America CEO Brian Moynihan to get his perspective on the markets.

  • Pro Uncut: Full interview with Bank of America's CEO

    Bank of America CEO Brian Moynihan joined CNBC for an exclusive interview to discuss his views on the stock market and the economy.

  • Bank of America

    CNBC's Wilfred Frost speaks with Brian Moynihan, Bank of America CEO, about the bank's recent quarterly earnings, the current state of M&A in the U.S., the election and the bank's CCAR resolution plan.

  • NYSE

    With tech talent in vogue on Wall Street, an MBA may not be the best way to get on board at a big bank any longer.

  • Brian Moynihan

    Moynihan touts commitment to LGBT efforts as transgender bathroom legislation has become an election-year issue in North Carolina.

  • Bank of America's board had recommended voting against the proposal, as had proxy advisory firms Institutional Shareholder Services and Glass, Lewis& Co.. Among speakers at the meeting was CLSA bank analyst Mike Mayo, a frequent critic of the bank. Mayo said the bank's independent directors were not holding Chief Executive Brian Moynihan and his management...

  • Wells Fargo and Bank of America, two of the biggest lenders to the U.S. oil and gas sector, each set aside hundreds of millions of dollars in additional provisions to cover souring loans to energy companies. While the price of oil has risen off decade-lows hit in January, it is still trading around $40 a barrel, well below the $100 plus levels seen in 2014 and spelling...

  • *1st qtr EPS 20 cents, matching market estimate. The bank's revenue also fell short of Wall Street's expectations, as adjusted revenue from bond, currency and commodities trading slid 17.5 percent to $2.26 billion. Charlotte, North Carolina- based BofA, one of the biggest U.S. lenders to the oil and gas industry, said total provisions rose 30 percent to $997 million...

  • Net income attributable to common shareholders fell to $2.22 billion, or 21 cents per share, in the three months ended March 31, from $2.72 billion, or 25 cents per share, a year earlier. Market volatility stemming from a slide in commodity and oil prices, worries about China's economy and uncertainty about interest rates hit trading activity globally in the...