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Bank Of America Sacked On Sale Of Carolina Panthers

35 minutes agoSports : SportsMoney

Despite being based in Charlotte and having the team's stadium naming rights, BOA won't be handling the sale of the Panthers.

Bank of America Executive Departs After Misconduct Claim

14 hours agoNews : NYTimes: News

The executive, Omeed Malik, was accused of inappropriate sexual conduct with a young woman, according to people briefed on the bank’s investigation.

BofA: "This Is The Magic Number That Will Burst The Stock Bubble"

As we noted this morning, the one dominant sentiment in the market right now is irrational euphoria, also known as "buying panic", as demonstrated in the following Bank of America chart, which shows that in the past 4 weeks, a record...Show More Summary

BANK OF AMERICA: Tax cuts could lead to record mega-mergers

Bank of America breaks down what could be the most effective use of the additional capital that corporations get from the GOP tax plan. The firm says that mergers and acquisitions is an ideal use, and could hit a record in 2018, while...Show More Summary

Burrito-Seeking Drunk Driver Busted, Cops Say

Bank of America drive-thru lane was mistaken for a Taco Bell Motorist Douglas Francisco, 28, was so impaired that he tried to place an order for a burrito with a Bank of America manager, according to Florida police. Bank Burrito read more

Burrito-Seeking Drunk Driver Busted, Cops Say

Bank drive-thru lane was mistaken for a Taco Bell JANUARY 18--A Florida motorist was so impaired that he mistook a Bank of America drive-up lane for a Taco Bell and sought to order a burrito from a teller, according Bank Burrito read more

Moneymaking Offer from Bank of America & Others is Back [Targeted]

Bank of America often has some good offers through BankAmeriDeals and this offer for AT&T that comes around a few times a year is one of the best, but targeted. The same offer is available on some banks such as PNC, Suntrust, Region and more.

Robert Reich: Trump's Tax Cuts Benefit One Group and One Group Only

Shareholders are making out like bandits. The rest of us won't see a dime. The evidence is in: The biggest beneficiaries of the Trump-Republican tax plan are shareholders. Yesterday, Bank of America Brian Moynihan said that “most of the benefits” from the tax cuts “will flow to the bottom-line through dividends and share buybacks over time.” Exactly. Show More Summary

The 7 Best National Banks In America for 2018

Everyone needs a safe place to stash their money, instead of burying it in the backyard (or worse, under your mattress). If you're looking for a new bank, you have hundreds of options to choose from, but every year, it seems like there are more banks who enter the market. Show More Summary

Goldman Sachs says Walmart is 'in control of its own destiny' despite retail's troubles (WMT)

Walmart's stock jumped after Goldman Sachs upgraded the company to "Buy" from "Neutral." Goldman added Walmart to its "Americas Conviction List," a group of the bank's favorite stocks to buy. Goldman said that Walmart will be a big beneficiary...Show More Summary

Bank of America's digital investments pay off (BAC)

This story was delivered to BI Intelligence "Payments Briefing" subscribers hours before appearing on Business Insider. To be the first to know, please click here. Bank of America’s (BofA) investments in its digital offerings are paying...Show More Summary

A startup that's helping big banks tackle one of the most vexing problems on Wall Street has landed $38 million in backing

Visible Alpha, a technology company that aims to help banks excel in a MiFID world, landed $38 million in a fundraise led by Goldman Sachs. The firm counts a slew of Wall Street banks including Bank of America, Citi, and Morgan Stanley,...Show More Summary

US bank loses R3 billion in Steinhoff Turmoil

CAPE TOWN - Bank of America Corp. just joined a roster of big U.S. lenders suffering multimillion-dollar burns on their dealings linked to Steinhoff International Holdings NV. Fourth-quarter earnings were crimped by a R3.5 billion “single-name non-U.S. Show More Summary

Warning: Opening a Bank of America Checking Account May Break Automatic Credit Card Payments

Buenos dias everyone! A couple of months ago, I logged into my Bank of America account and was surprised to see that my Merrill+ Visa Signature Card had a past due balance. Since I have a lot of credit cards, I always set them up for...Show More Summary

US Banks Lose Over $1 Billion On Steinhoff Collapse

It's not just the ECB that was humiliated  for holding Steinhoff bonds: so were all major US banks. As we have documented this earnings season, one after another major US bank, from JPM, to Citi, to Bank of America and Goldman reported...Show More Summary

Bank of America sees success with Zelle

This story was delivered to BI Intelligence "Payments Briefing" subscribers hours before appearing on Business Insider. To be the first to know, please click here. Zelle, the bank-based peer-to-peer (P2P) offering, is continuing to do...Show More Summary

Bank of America profits drop due to US tax reform hit

2 days agoNews : The Cutline

Bank of America reported better-than-expected fourth-quarter earnings Wednesday on solid loan growth and a lift from higher interest rates, despite a hefty one-time hit associated with US tax reform. Higher interest rates boosted results, enabling the bank to make more money on the loans it grants to banks and customers. Show More Summary

Bank of America CEO: You can buy bitcoin — just not with us

Bank of America CEO Brian Moynihan had harsh words for his clients that want to trade bitcoin Wednesday, saying they could buy it elsewhere, but "not at Merrill Lynch." On Wednesday, the cryptocurrency fell below $10,000 for the first...Show More Summary

Bank of America, boosted by consumer loan business, tops profit forecast

Bank of America's earnings topped forecasts and were helped by its consumer loan business.        

Bank of America Beats Despite $2.9BN Tax Charge, $292MM Steinhoff Loss, 13% FICC Drop

Like JPMorgan, Wells and Citi before it, on Wednesday morning Bank of America reported adjusted EPS for the fourth quarter that beat the average analyst estimate: Adjusted Net Income was $5.3BN, equivalent to adjusted Q4 EPS of $0.47, 2 cents higher than the $0.45 expected. Show More Summary

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