The big rise in interest rates this year has drawn renewed attention to the balance sheets of banks in general — and of Bank of America in particular. Why it matters: If you look at the market value ...

Bank of America CEO Brian Moynihan has revealed its investment in digital transformation has assisted in deepening relationships ...

At the banks' annual meetings, shareholders at both companies struck down proposals that would have split the board chair and CEO roles. Two other proposals also failed to win shareholder support, one ...

At a high level, a bank pays interest on its deposits, while at the same time earning a yield on the loans that it makes. The difference, known as net interest income (NII), is a key metric for a bank ...

SOUTH BEND — 1st Source Bank has announce its number 14 ranking on Forbes’ America’s Best Banks list. The list, according to Forbes includes 100 of the nations ...

Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope ...

Bank of America said its first-quarter profits fell 18%, as the bank dealt with rising expenses due to the impact of higher interest rates ...

A Bank of America customer says he lost tens of thousands of dollars after bad actors found a way to hijack his account.

S&T Bancorp Inc. (NASDAQ: STBA), the holding company for S&T Bank, today announced its inclusion in the Forbes list of America's Best Banks. The annual ranking, which was recently published on the ...

Bank of America has been dealing with the effects of higher interest rates on its loan and investment portfolio for the past year. The bank bought a sizable number of bonds during the pandemic when ...

Despite a mixed bag of earnings, what’s becoming increasingly clear at Bank of America is that its digital investments are fuelling increased uptake, and usage, across digital platforms. This is true ...

The world's largest wealth fund has more than half of its equities invested in the U.S. and intends to stay invested. The reason? "Americans just work harder," said Nicolai Tangen, CEO of Norway's ...