Additionally, banks are underwriting much better loans than before the Great Recession and generally require much more equity from borrowers. Wealth management loans have more than doubled, while ...

Edward Jones meanwhile reshuffles its leadership ranks amid its push to become a full-service financial planning firm, and ...

The days of high US stock valuations are over, says Bank of America's Chief Investment Strategist Michael Hartnett.

Bank of America shareholders voted on Tuesday to approve pay packages for CEO Brian Moynihan and the lender's top executives, ...

The company's board credited CEO Brian Moynihan with growing its net income 2.3% last year and boosting revenue 3.4%.

Bank of America's Q1 2025 profits beat estimates, driven by strong equities trading and net interest income. Read why BAC ...

That's already begun to happen this year, but it's clear that Bank of America (NYSE: BAC) and its other large bank peers are in a much better position than they were heading into the Great Recession.