Bank of America sent CNBC the following statement regarding its decision to combine the role of CEO and chairman.» Read More
Brian Moynihan will address investors at the bank's annual meeting, reports CNBC's Kayla Tausche.
A look at financials pushing markets higher, with Jim Paulsen, Wells Capital Management.
Bank of America CEO Brian Moynihan got a 73% pay increase in 2012, when the bank resolved crisis-era lawsuits and its stock was one of the sector's top performers.
Bank of America's CEO Brian Moynihan is expecting to see companies and investors become more aggressive with their cash as uncertainty fades.
CNBC's Maria Bartiromo sits down with Brian Moynihan, President & CEO, Bank of America, at the World Economic Forum in Davos, Switzerland, to discuss how the company managed to rise among its financial peers and post a twenty percent gain in the past three months.
"We changed our position to be direct to consumers," said Brian Moynihan, Bank of America president & CEO, discussing changes in his company's mortgage business, with CNBC's Diana Olick.
Nov 2- Bank of America Corp could already be above capital requirements issued on Thursday by global regulators, the bank's chief financial officer said. If the bank's models were approved, Bank of America would be in ``excess'' of the FSB's guidelines, CFO Bruce Thompson said Friday at an investor conference.
NEW YORK, Oct 29- Wall Street firms were set to open with limited staffing in New York City on Tuesday as stock markets remained closed due to Hurricane Sandy's approach and many New York- based bank employees worked from home.
*US says bank sold toxic loans to Fannie Mae, Freddie Mac. NEW YORK, Oct 24- The United States filed a fraud lawsuit against Bank of America Corp, accusing it of causing taxpayers more than $1 billion of losses by selling thousands of toxic mortgage loans to Fannie Mae and Freddie Mac.
CNBC's Kayla Tausche reports Bank of America saw its third quarter profit plunge from being hit by charges tied to litigation over its Merrill Lynch acquisition, U.K. taxes, and accounting adjustments.
NEW YORK-- Bank of America said Wednesday that it narrowly turned a profit from July through September, good enough to beat Wall Street expectations. Profits were hurt largely because of a settlement with shareholders who accused the bank of misleading them when it decided in 2008 to purchase Merrill Lynch.
Bank of America bulls are feeling brilliant, as their bank is up 47 percent. They should be congratulated, assuming they didn't buy the shares on Sept. 8, 2008, when Charlie Peabody, analyst at Portales Partners, told them to buy.
Bank of America CEO Brian Moynihan sounded optimistic Wednesday about a US economic recovery and discussed his plan to improve the company’s stock price.
For the first time in our survey, not one newsmaker emerged a winner. See how President Obama, Bernanke, Brian Moynihan and others fared.
As we seek your votes on this year's candidates, you’ll note that we have few repeats from 2010 and only one person who also made our inaugural list of 2009.
Chief Executive Brian Moynihan's job is safe, Bank of America Chairman Charles Holliday told CNBC Thursday.
The news the Federal Reserve will be publishing the results of its latest stress test next year has sent a ripple of fear through the investing community.
CNBC's Joe Kernen and Andrew Ross Sorkin breakdown Bank of America's Q3 results.
In September 2011, Bank of America announced that it would charge customers a monthly fee of $5 for debit card use. Consumers may be unhappy with the decision, but they’re already paying fees on their credit and debit cards all the time. Here are some things to watch out for to avoid paying extra fees on credit and debit cards.
Is Bank of America losing billions from the Dodd-Frank bill? The Fast Money traders weigh in on the legislation's impact on banks, and Brian Stutland, Stutland Equities, offers a risk-reversal play on Akamai takeover speculation.