Just as it does for stock and bond prices, Goldman recently began posting digital asset prices on its Marquee platform for big clients like hedge funds, preparing for a time […]
Bank of America Corporation
Trending topics and news from the Bank of America Corporation category
Back to news homeTwo of Bank of America’s Post-Crisis Leaders Will Retire
Two towering figures who helped steer Bank of America out of the financial crisis a decade ago will retire at the end of the year, the bank said Thursday.The departures […]
Banks Are Bingeing on Bonds, but Not Because They Want To
The economy is growing. Businesses are hiring. Stocks are soaring. And banks are sitting on big piles of cash.If only they had a better place to put it.Lingering supply chain […]
Banks Slowly Offer Alternatives to Overdraft Fees, a Bane of Struggling Spenders
“The most egregious practices are largely the same as they have been for nearly 20 years,” said Rebecca Borné, a senior policy counsel at the Center for Responsible Lending, an […]
Companies Are Still Grappling With Their Vaccination Policies
The message from many companies to their office workers is clear. It will soon be time to shed the slippers for hard shoes and return to your desk. But many […]
How a Bank of America Executive Created a Tense Work Culture
Last spring, as the pandemic raged through New York, Alexandria Taylor, who runs human resources for the banking and markets divisions, held a call with some trading floor managers and […]
Lenders Struggle to Implement Biden’s Changes to P.P.P. Loan Rules
Under the new formula, sole proprietors can get loans based instead on their income before expenses. That opens the program to unprofitable businesses and allows those that did report a […]
Companies Put Return-to-Work Plans in Motion
A year and a pandemic ago, over 100,000 people filled the central business district in Charlotte, N.C., pouring out of offices, including several recently built skyscrapers, and into restaurants, bars […]