China's central bank governor Pan Gongsheng met Bank of America's president of international business Bernard Mensah earlier this week to discuss economic and financial matters, the People's Bank of China said in a statement on Friday.

Residents are being warned to stay alert after a “bank jugging” suspect was seen stealing thousands of dollars from a car in L.A.’s Pico-Robertson neighborhood. The theft occurred on July 7 as the

The company deployed automated coding tools to its 17,000 software developers, CEO Brian Moynihan said Wednesday.

Bank of America is working on launching a stablecoin, and investors can expect the lender to move forward with the cryptocurrency, CEO Brian Moynihan said on Wednesday, without giving a timeline. Stablecoins,

Q2 2025 Management View CEO Brian Thomas Moynihan highlighted solid consumer spending, improving credit quality, and robust commercial loan growth as key drivers for the quarter. He noted, “We produced another solid quarter of revenue growth,

Cash levels dropped to 3.9% from 4.2%, triggering a sell signal on BofA’s proprietary trading model. This is the second sell signal prompted in the last week by BofA trading rules, after inflows to global equity and high-yield bonds exceeded 1% of assets under management over a four-week period.