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Bank of America Corporation (BML-PL)

NYSE - Nasdaq Real Time Price. Currency in USD
19.84+0.02 (+0.09%)
At close: 03:51PM EDT
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  • TheStreet.com

    Weekly Roundup

    That quick roller coaster ride for the S&P 500 hit the portfolio with some wide swings this week -- and big gains in Coty and ChargePoint as well as some slips in other stocks.

  • Reuters

    Bank of America to redeploy wealth management, banking employees - source

    Less than 200 employees are being moved to product specialist positions within the company's global operations organization, the source told Reuters. The move highlights the broader weakness in Wall Street banks' mortgage and wealth management businesses in a rising interest rate environment. Interest rate hikes by global central banks to tame elevated levels of inflation have weighed on consumer and corporate spending, affecting the outlook for Wall Street heavyweights such as Goldman Sachs Group Inc and Morgan Stanley.

  • Bloomberg

    Bank of America Trims Banking, Lending Group Amid Industry Slump

    (Bloomberg) -- Bank of America Corp. is trimming its wealth-management, banking and lending group as higher interest rates continue to crimp business on Wall Street, forcing banks to make broader cuts.Most Read from BloombergDeutsche Bank Drops in Selloff Citi Describes as Irrational‘Zoom Towns’ Exploded in the Work-From-Home Era. Now New Residents Are Facing LayoffsRussia Seeks 400,000 More Recruits as Latest Ukraine Push StallsBuy-or-Rent Premium Is Highest Since 2006 Housing BubbleFewer than

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