|Bid||19.45 x 800|
|Ask||19.57 x 1000|
|Day's Range||19.38 - 19.59|
|52 Week Range||17.96 - 22.80|
|Beta (3Y Monthly)||0.38|
|PE Ratio (TTM)||7.25|
|Forward Dividend & Yield||0.81 (4.54%)|
|1y Target Est||N/A|
Bank of America has disclosed the closure of another eight branch locations this week – including four in rural North Carolina.
The brokerage pioneer recounts the company's 1983 "game-changing sale to Bank of America — and how, in the end, the merger almost doomed his organization,” according to a description of the book.
Pioneer investor Charles Merrill's secret to success was that he knew doing the right thing by his clients was also a profitable business model.
According to a recent study, more than half of older millennials are still banking on Mom and Dad for up to a third of their monthly expenses.
New York, NY, based Investment company Aquamarine Capital Management, LLC buys Bank of America Corporation, sells TerraForm Power Inc during the 3-months ended 2019Q1, according to the most recent filings ...
Discover four financial institutions will pay you a cash bonus or match when you roll over assets from an old 401(k) or qualified retirement plan.
While two locally based companies continue to lead the Charlotte region on the Fortune 500 list, there were other shake-ups on this year's ranking.
The gradual increases will impact roughly 7,500 employees in southeastern Pennsylvania and Delaware alone.
The bank said Wednesday in a release that it hiked its minimum wage to $17 an hour starting May 1. Workers' minimum hourly rate will continue to rise until it hits $20 over the next two years, the bank added. Bank of America BAC 's lowest-paid employees are getting their first raises promised by CEO Brian Moynihan last month.
Banking and Financial Stocks Tumble as Trade War EscalatesFinancial sector stocksTop banking stocks, including Citigroup (C) and Bank of America (BAC), were hit hard on May 13 amid heightened fears of a full-blown trade war between the United States
"More people need to look at these kinds of programs as investments and not philanthropy. I think philanthropy is certainly a part of it, but it's in people's economic self-interest to have a strong pool of talented, skilled employees."
The service is aimed at high net worth clients — which, in this case, means clients with $3 million or more in investable assets.
Four UBS Group AG private bankers overseeing $530 million in client assets are the latest to strike out on their own, creating a Portland, Maine-based firm called Great Diamond Partners, according to a statement Monday. Last week, five Bank of America Corp. advisers in Atlanta overseeing $450 million in client assets departed, while a $6 billion Texas team split from Morgan Stanley in April. Smoothing the way are technology ventures such as Dynasty Financial Partners, created by former Citigroup Inc. executives, which provide record-keeping, trading platforms and product offerings once available only at the largest firms.
Bank of America Private Bank has created a new Upstate New York market that will be overseen by Shaun Stimpson, who will manage offices in Buffalo, Rochester and Albany.
Executives at the lender have only weeks left to tell First Data Corp. whether they want to wind down a decade-old joint venture scheduled to renew automatically in mid-2020, according to an April regulatory filing. The U.S. payments business is at a crossroads, with a new generation of ventures from Silicon Valley and China looking to muscle into an industry that collects $90 billion every year from merchants. “If I’m a large bank, I’m trying to figure out how can I strategically use my relationships with merchants to cross-sell them other services and also strengthen the stickiness of my relationship,” Harshita Rawat, an analyst at Sanford C. Bernstein, said in a telephone interview.
After six years of scrutiny, billions of dollars in fines and a flurry of criminal lawsuits, the world’s biggest currency-dealing banks are finally close to drawing a line under global regulatory investigations into the behaviour of their traders, as the EU prepares to announce the results of its probes. Brussels’ findings, and potential fines, are due to land this month, several people familiar with the matter said. UBS, Royal Bank of Scotland, JPMorgan Chase, Citigroup, Barclays and HSBC, each of which began negotiating a settlement with the EU in 2017, are in the spotlight.
Professional services firms in Boston that have made the most progress advancing under-represented minorities, including those in the LGBT community, share at least one aspect, according to local executives : Compassionate and open-minded leadership.
The decision would give Bank of America more control of its business that focuses on moving money for merchants, the Journal reported. First Data has a majority ownership stake in the joint venture, Bank of America Merchant Services, which Bank of America agreed to when it was still vulnerable following the financial crisis a decade ago.
In June 2018, Bank of America ranked third on the Business Journal's list of banks with branches in San Antonio, ranked by the number of local deposits.
Bank of America Corp. (NYSE: BAC) is expanding its already sizable branch network in Greater Washington with 16 new locations. The expansion, which includes the renovation of 44 existing branches (called financial centers), as well as possible branch relocations, is part of a larger rebranding effort by the Charlotte, North Carolina-based bank, according to Barry James, consumer bank executive for the D.C. region. "Those renovations are fast and furious right now," James said, adding that new branches will begin opening by the end of the year and will continue, along with the renovations, through 2021.
President Donald Trump’s latest threat to impose tariffs on Chinese imports was followed by market volatility on Monday. But for most small business owners, it may just be business as usual.