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The Latest Breaking News from Bank of America

Tech entrepreneur Dean Forbes named the most influential black person in Britain

The tech executive and philanthropist tops The Powerlist 2025.

Evening Standard

Tech entrepreneur who was homeless as teen named Britain’s most influential Black person

The tech executive and philanthropist tops The Powerlist 2025

The Independent UK

Prolonged Strike Clouds New Boeing CEO's Turnaround

The quest by Boeing's new CEO to revive the aviation giant's fortunes suffered a serious blow when striking machinists voted down the latest contract proposal, prolonging a nearly six-week stoppage.

International Business Times

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The Climate Crisis Is Driving Bankers to Quit Their Jobs in Disillusionment

Wells Fargo and others pledged to achieve net-zero and invest in sustainable financing. Instead, they kept funding fossil fuels.

Capital & Main

Ex-Green Beret Turned US Banker Dies After Working 100-Hours Weekly, Who Is His Boss And Why Isn't He Fired Yet?

BofA's former head of Financial Institutions Group, Gary Howe, is known for enforcing long working hours on junior bankers under him, which potentially played a role in the death of an ex-Green Beret who joined the bank to support his family.

International Business Times UK

What Q3 investment banking trends reveal about the economy

A former bank examiner for the Federal Reserve Bank who is a risk-management practitioner weighs in.

Fortune

BofA Extends Guaranteed FX Rates Up To One Year, Industry's Longest Tenor

In the 8th year since the bank launched guaranteed FX rates with tenors longer than 24 hours, the solution currently supports more than 200 currency pairings across various tenors, with the 1-year tenor now available for 37 currency pairs.

International Business Times

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Should you buy Nvidia stock now? It may be a once-in-a-generation opportunity

Bank of America reiterated a buy rating on Nvidia stock and raised its price target to $190, implying its market cap could explode to $4.7 trillion.

Fortune

BofA CEO says U.S. economy is the envy of the world—but could lose its power due to national debt

Brian Moynihan, CEO of Bank of America, said the U.S. needs to get its “eyes and stomach in line.”

Fortune

Buy This High-Yield Dividend Stock for 19% Payout Growth Until 2026

Citigroup stock has a dividend yield of 3.4%, and Goldman Sachs expects its dividend payout to rise at a CAGR of 19% between 2024 and 2026. Is the stock a buy for its fat dividend?

Barchart

Boeing lines up $35 billion in liquidity amid strike, layoffs

The company could issue $25 billion in shares or debt and also revealed a new $10 billion credit agreement with major lenders.

Fortune

S&P Futures Tread Water Ahead of Fed Speak and More Big Bank Earnings

December S&P 500 E-Mini futures (ESZ24) are trending down -0.03% this morning as investors looked ahead to quarterly reports from more big banks while also awaiting remarks from Federal Reserve officials.

Barchart

Bank of America CEO says endless curiosity is key to leadership success

Bank of America CEO Brian Moynihan says crises provide the best teaching opportunities for leaders.

Fortune

1 Dividend Aristocrat That Just Scored a New Street-High Price Target

The newest entrant to the storied 'Dividend Aristocrat' club just received a bullish rating from Bank of America.

Barchart

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Fortune

Reshoring creating small business boom in South and Midwest

A new report from Bank of America suggests this investment is spilling over to small businesses in the South and Midwest.

Barchart

How to Play the New Bull Market in Chinese Stocks

Thanks to monetary stimulus, the China bull market is back. And now, with Xi Jinping onboard, it looks like massive fiscal stimulus is coming, as well. Economists in China are talking about a possible $1.4 trillion stimulus. Adding to the bullish mood is the fact that mainland Chinese investors are…

Kiplinger

Bank of America Outage Had Customers Seeing Zeros

A widespread outage at Bank of America showed $0 balances for many customers.

Fortune

Here’s what’s impacted as the dockworker strike halts U.S. ports

The strike could affect imports of several commodities like bananas.

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Tom’s Guide

Massive Bank of America outage — live updates on $0 account balances

Bank of America customers across the U.S. are experiencing issues when checking their balances on both the company’s app and website.

International Business Times

Bank Of America Customers Shocked By Zero Balances In Online Account Glitch

Reports of the outage began flowing into Downdetector around noon ET Wednesday.

The Independent UK

Bank of America is down: Users report their accounts showing empty balance during widespread outage

Nearly 20,000 customers reported having trouble accessing their accounts

Barchart

Bank of America Earnings Preview: What to Expect

Bank of America is set to report its third-quarter earnings in mid-October, with analysts anticipating a decline in the bottom line in the lower double digits.

Top News

Bank Of America Predicts Short Port Strike, Biden Intervention Likely

Bank of America predicts a short port strike, likely resolved by invoking the Taft-Hartley Act.

Fortune

Mark Zuckerberg loses spot as world's 3rd richest person to LVMH's Bernard Arnault

"'Quiet luxury' has supported average selling price at the expense of volumes," Bank of America analysts wrote. "The industry needs to pivot back to creativity."

Fortune

CFOs of Goldman Sachs and Bank of America upbeat about the Fed's rate cut

This week, the big bank finance chiefs weighed in on the economy.

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