Bank of America’s stock (NYSE: BAC) posted a better-than-expected set of Q4 2024 earnings, led by stronger investment banking business and higher net interest

Bank of America CEO sees crypto adoption in banking likely if regulatory clarity emerges, focusing on non-anonymous, verified transactions.

Wall Street’s largest banks are poised to report their highest fourth-quarter trading revenue in five years, as November’s election and global uncertainty sparked market moves that boosted profits. According to a Bloomberg report issued this week,

Bank of America CEO Brian Moynihan says US banks will start providing crypto payment services if federal regulators ever approve it.

Bank of America is set to award stock to most of its global employees for the eighth time since 2017, following a robust performance by the second-largest U.S. lender in 2024, according to an internal memo seen by Reuters on Friday.

Berkshire took a new stake in Citigroup ( C 1.88%) in 2022 and the stock currently makes up 1.5% of Berkshire's portfolio. Citigroup has far and away been the worst-performing large U.S. bank stock since the Great Recession and many investors have ditched the stock out of frustration.

The nation's second-largest bank issued guidance that net interest income will reach up to $15.7 billion by next year's fourth quarter, a 7% increase.

Bank of America reported robust earnings for Q4 2024, outperforming estimates with a huge increase in net income.

The Federal Reserve now needs to be on Trump watch if it wants to engineer the proper dose of monetary policy, according to Bank of America chief Brian Moynihan.

The Rock Hill Police Department is investigating a robbery outside of a Bank of America Thursday evening. It happened just before 4:45 p.m. on Heckle Boulevard. The victim told police that she was leaving the bank, after making a withdrawal, when a male walked up to her.

Brian Moynihan, CEO of Bank of America BAC, on Tuesday indicated a willingness for the U.S. banking sector to fully incorporate cryptocurrencies into payment systems. This comes with a crucial condition: clear regulatory approval.