#Bank of America

Reports: Bank of America online problems clearing, Zelle, FAFSA getting worse

BALTIMORE (WBFF) — Reports indicate that Bank of America, Zelle, and FAFSA online banking and application systems are having trouble according to In the case of Bank of America, thousand of customers were locked out of their accounts. Bank of America is responding to a lot of complaints on...
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Bank of America hires Citi executive to lead consumer products

Bank of America has hired a Citigroup executive to serve as its new head of consumer and small-business products. Mary Hines Droesch will oversee the strategy, design, development and management of lending and deposit products in BofA’s retail, preferred and small-business client segments, the company said in a press release.
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Online Bank Of America Outage Affects Thousands

Thousands of customers were locked out of their accounts when Bank of America’s online banking system temporarily went down. Early on Friday, Oct. 1, the company’s system experienced the issues, according to Bank of America, leading to more than 12,000 customers making complaints to Down Detector, which found that they were unable to access balances or transfer money as many were looking to pay rent on the first of the month.

Bank of America shakes up senior leadership — with two big changes for Charlotte

Bank of America shook up its senior leadership recently, adding five new members, naming a new CFO and announcing shifts in the role of two prominent local figures at the Charlotte-based bank. The changes bring a new crop of potential leaders at the bank to the forefront, and raises questions...

Bank Of America Appoints D. Steve Boland As Chief Administrative Officer

D. Steve Boland is chief administrative officer for Bank of America, and is a member of the company’s executive management team. In this role, Boland oversees the delivery of the company’s full range of capabilities for clients through its local markets organization including more than 90 market presidents and teams; Public Policy; Environmental, Social & Governance; Corporate & Internal Communications, External Communications, Global Sports Sponsorships, Corporate Security and other related functions.

Bank of America's bankers & traders want bigger 2021 bonuses

It could be a good year for bonuses at Bank of America. At least this is what BofA's bankers and traders will hope after comments today from chief executive, Brian Moynihan. Speaking at BofA's 26th Annual Financials CEO Conference, Moynihan reportedly said that the bank aspires to "win the war for talent" and is in a good position to do so by virtue of its ability to generate capital.

Oil prices may hit $100 this winter, spurring economic crisis, warns Bank of America

SINGAPORE (Bloomberg) --The global energy crunch could help propel oil prices above $100 a barrel for the first time since 2014 and spur a global economic crisis, according to Bank of America. Natural gas prices have already surged to almost double that level in oil equivalent terms, and BofA says...

Why Bank of America and Citigroup Are Trading Higher Today

Shares of Bank of America (NYSE:BAC) and Citigroup (NYSE:C) were trading nearly 4% higher in the final hour of trading Thursday as the broader market rallied from what has been a difficult few weeks. So what. Like a lot of the market, bank stocks got hit hard on the news...