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Company: Bank of America

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Wall Street Bull bronze sculpture in the Financial District in Manhattan

Hedge fund-linked losses point to "lurking" risks, Moody's cautions

Wall street sign in New York with American flags and New York Stock Exchange background.

Competition ramps up between big banks, retail brokers

man doing bicep curls

Stable income, rising wealth a bright spot for big global investment firms

Illustration and Painting

Surge in trading, underwriting has helped big U.S. banks combat weaknesses — for now

Wall street sign in New York with American flags and New York Stock Exchange background.

Credit loss provisions rise, but firms shore up capital

The bank and QED Investors are launching a VC fund that will seek out companies in Latin America focused on fintech disruptors

  • By: IE Staff
  • December 8, 2016 December 8, 2016
  • 15:50

Banks reaches mortgage settlement

Bank plans to submit new capital plan

Bank agrees to refund roughly US$738 million to affected clients

Bank of America agrees to pay US$1.7 billion