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Bank of America's team of economists no longer see the U.S. falling into a recession and now have the opposite view, CEO Brian Moynihan said over the weekend.

IMG Academy and Merrill Private Wealth Management are partnering to provide financial literacy education to IMG's student-athletes, including budgeting, investments and managing credit.

Bank of America earned $6.9 billion, or 83 cents per share, in the quarter ended June 30, compared with $7.4 billion, or 88 cents per share, a year earlier.

A new report by the Bank of America Institute found that the share of bank customers who received income from gig work hit a new high of 3.8% in March after a lull in 2023.

The American Accountability Foundation has released a report on how big banks have refused to lend money to firearm and ammunition manufacturers in an "asymmetrical attack" on the firearms industry.

A new Bank of America Institute report found that taxpayers' refund checks will on average be about 5% larger compared to a year ago, with most planning to pay debt or save the refund.

New findings published by the New York Federal Reserve show that a growing number of Americans are struggling to make their monthly credit card payments.

Bank of America appears to be walking back a pledge the company made in 2021 to not finance new coal mines, coal-powered plants or Arctic drilling.

The U.S. lender posted net income of $3.1 billion, or 35 cents a share, for the three months ended Dec. 31. That compares with $7.1 billion, or 85 cents a share, a year earlier.

The CEOs of the eight largest U.S. banks planned to push back on pending banking regulations as burdensome at Tuesday's hearing before the Senate Banking Committee.

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