Bank Of America
Merrill Lynch Playing Ball as Bank of America Rewrites Wealth Playbook
- Merrill is chasing margins, not moonshots in support of BoA goals.
- Bank of America wants every customer to feel just wealthy enough.
- The future of wealth management: scale with a smile?
Friday, 07/11/2025 | 08:04 GMT by
Louis Parks
JPMorgan, Bank of America Lead Early Talks on Joint Stablecoin Project as Adoption Grows
- The US Senate recently advanced the GENIUS Act to regulate stablecoins, with bipartisan support expected.
- Critics warn President Trump could benefit from stablecoin regulations due to his family’s USD1 coin.
Friday, 23/05/2025 | 10:47 GMT by
Tareq Sikder
Bank of America's Former Energy Banking Chief Faces DOJ $8 Billion Trading Probe
- A former BofA senior dealmaker is under DOJ investigation for allegedly tipping someone off about an $8 billion energy company acquisition in 2022.
- Jason Satsky was placed on leave last year when the bank learned of the probe and was later dismissed during broader job cuts.
Thursday, 22/05/2025 | 07:09 GMT by
Damian Chmiel
Bank of America Avoids $2 Billion Hit, Pays Four Times Less in Regulatory Clash from 2017
- Bank of America must pay the FDIC $540 million for underreporting its risk exposure and underpaying deposit insurance from 2013 to 2014.
- The judge ruled the bank should have understood the post-financial crisis rules requiring consolidated reporting of counterparty risks.
Tuesday, 15/04/2025 | 06:48 GMT by
Damian Chmiel
BofA Unveils Intelligent Transaction Search on CashPro
- The new search tool is part of the broader CashPro Data Intelligence suite.
- Clients can now initiate transaction inquiries directly from the CashPro platform to validate payment statuses or details.
Monday, 15/07/2024 | 15:59 GMT by
Pedro Ferreira
Bitstamp Wants to Subpoena Citibank, Bank of America
- The dispute between the exchange and its payment processor is affecting client withdrawals.
Wednesday, 18/11/2020 | 07:03 GMT by
Arnab Shome
Millennium Hires Greg Kaldor as Strategist
- The industry veteran joins the firm in early April
Tuesday, 14/04/2020 | 13:18 GMT by
Finance Magnates Staff
Isabelle Krusen Leaves Bank of America
- She worked in prime brokerage sales at the firm's New York office
Friday, 13/03/2020 | 09:58 GMT by
Finance Magnates Staff
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