Connect with us
[ad_1] Mark Kauzlarich/Bloomberg Bank of America reworks leadership in investment banking unit Bank of America announced several leadership changes in its investment banking unit, including shifting...
[ad_1] 6/4: Face The Nation – CBS News Watch CBS News This week on “Face the Nation,” West Virginia’s Democratic Sen. Joe Manchin and Louisiana Republican...
[ad_1] Bank of America expects to increase technology development spend by nearly 12% year over year as the race for generative AI innovations engulfs the financial...
[ad_1] Investors have their sights set on startups presenting offerings in financial conductivity, identity verification, compliance and fraud. “We’re having, even as investors, to find different...
[ad_1] Bank of America this week launched its Breakthrough Lab accelerator program for startups to network and gain access to technology support their companies need to...
[ad_1] The Charlotte FBI suspended an analyst after his actions and comments about the Capitol riot raised questions about his “allegiance” to the country. Meanwhile, Bank...
[ad_1] Bank of America, based in Charlotte, is opening a wholesale investment branch in Luxembourg. Mammoth Charlotte-based Bank of America is expanding in Europe and coming...
[ad_1] Bank of America has deployed its AI assistant Erica internally, freeing up resources by saving employees thousands of hours spent previously on remedial tasks. Erica,...
[ad_1] Bank of America saw noninterest expenses increase year over year as employee and technology costs increased during the first quarter of 2023. WHY IT MATTERS:...
[ad_1] Bank of America is seeking to decrease user clicks in its CashPro banking platform with its launch of a new search function this month. CashPro...
[ad_1] Andy Sieg is leaving Merrill Wealth Management for Citigroup, returning to the Wall Street rival he last worked for 13 years ago. After a required...
[ad_1] Scott Capital Advisors LLC bought a new stake in Bank of America Co. (NYSE:BAC) during the 4th quarter, according to the company in its most...
[ad_1] During the 2008 financial crisis, so-called too-big-to-fail banks were deemed too large and too intertwined with the U.S. economy for the government to allow them...
[ad_1] This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com. https://www.barrons.com/articles/stock-market-movers-96dc510b Updated...
[ad_1] The new CEO of failed Silicon Valley Bank is a familiar name to many in Charlotte’s banking community — Tim Mayopoulos was fired as general...
[ad_1] Bank of America was granted a record 608 patents last year by the U.S. Patent and Trademark Office, a 19% rise year over year. Key...
[ad_1] Bank of America is increasing its technology development spend 9% year over year in 2023 as the bank continues to invest in digitization. The $3.1...
[ad_1] Bank of America CEO Brian Moynihan said Tuesday that the economy hasn’t showed many signs of faltering in 2023, despite recession predictions. Diedra Laird dlaird@charlotteobserver.com...
[ad_1] Technology spend at banks varied during the fourth quarter of 2022 amid talk of a recession. The $3 trillion Bank of America saw 8% growth...
[ad_1] Bank of America, JPMorgan Chase and Wells Fargo are among seven banks teaming to launch a digital wallet in the second half of the year...