AI is starting to have a bigger economic impact, BofA CEO says
The boom in AI investment this year likely will have a bigger impact on the U.S. economy, Bank of America CEO Brian Moynihan...
Tag: BAC
Texas Stock Exchange boosts capital raise to $270M as Goldman, BofA lead $20M round
Bank of America (BAC) and Goldman Sachs (GS) are leading a group of investors that is ponying up $20M to TXSE Group's latest...
SA Quant ranks diversified bank stocks as investors focus on FOMC decision
The Federal Reserve will make its last interest rate decision this Wednesday. Many traders awaiting this decision believe...
Wall Street macro traders on track for biggest haul in 16 years – report
Wall Street's macro traders are on pace for their best year since 2009 as their clients stepped up trading to adjust to...
Best AI productivity beneficiary stocks – Goldman
Goldman Sachs has identified a new group of “AI productivity beneficiaries,” highlighting companies best positioned to...
BofA’s Moynihan will ask to meet with NYC mayor-elect Mamdani – report
Bank of America (BAC) Chairman Brian Moynihan said he'll ask to meet with New York City's Mayor-Elect Zohran Mamdani, a...
Bank of America focuses on expansion, expense controls to boost ROTCE: investor day
Bank of America (BAC) Chairman and CEO Brian Moynihan opened the bank's investor day on Wednesday, emphasizing expectations...
Bank of America declares $0.28 dividend
Bank of America (NYSE:BAC) declares $0.28/share quarterly dividend, in line with previous. Forward yield 2.16% Payable Dec....
Fed floats pared-back capital plan for banks – report
The Federal Reserve shared with other U.S. regulators the framework of a revised plan that would significantly relax a...
BofA, BNY sued over alleged Jeffrey Epstein ties – report
New class-action lawsuits were filed Wednesday against Bank of America (NYSE:BAC) and BNY (NYSE:BK), accusing the banks of...