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Bank Of America

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Payments

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
Trending

Bank of America - Investors See in 2024 with $123 Billion Cash Inflow

  • Bank of America report unveils huge cash inflow.
  • Investors fuel the record $123 billion cash surge.
Monday, 08/01/2024 | 11:42 GMT by Louis Parks
Op-ed
Op-ed
CryptoCurrency
Op-ed
Op-ed

Younger Investors Are Choosing Crypto

  • A Bank of America survey found younger generations more likely to favor crypto investments.
  • As an emerging industry during a period of turbulence, crypto offers unique opportunities.
Tuesday, 18/10/2022 | 15:30 GMT by Sam White
FinTech

Bank of America and BNY Mellon Join AccessFintech’s $60 Million Funding Round

  • The Series C funding round was led by WestCap.
  • To date, AccessFintech has raised a total of $97 million.
Friday, 23/09/2022 | 12:12 GMT by Bilal Jafar
FinTech

Germany’s BaFin Fines BofA $5.3M for Delay in Reporting Voting Rights Notifications

  • Additional details are yet to emerge.
  • Bank of America’s net income dropped 13% to $6.1 billion in Q2 2022.
Thursday, 11/08/2022 | 19:06 GMT by Solomon Oladipupo
FinTech

Bank of America’s Net Income Drops 13% to $6.1bn in Q2 2022

  • EPS dropped 9% from $0.80 to $0.73.
  • However, net interest income rose 22% to $12.4 billion.
Monday, 18/07/2022 | 20:36 GMT by Solomon Oladipupo
Institutional FX

FINRA Imposes $325,000 Fine on BofA Securities

  • BofAS has been a member of FINRA since 2018.
  • According to the regulatory authority, the company violated Regulation NMS Rule 605 and FINRA Rule 2010.
Monday, 18/07/2022 | 08:07 GMT by Bilal Jafar
Institutional FX

Bank of America’s Quarterly Net Income Hits $7.1 Billion

  • Global Markets generated a net income of $1.6 billion.
  • The financial services provider reported EPS of $0.80.
Monday, 18/04/2022 | 13:11 GMT by Bilal Jafar
Executive Moves

Barclays Has Selected Urvashi Batra as Its Head of Equities Electronic Trading Americas

  • Batra, based in New York, will report to both Peter Ward and Peter Ramsey.
  • She brings more than thirteen years of experience from the Fintech industry.
Tuesday, 01/03/2022 | 18:00 GMT by Tom Hazan
Executive Moves

oneZero Adds Indu Maheshwari and Kevin Verardi to Institutional Team

  • They are bringing three decades of industry experience each.
  • Both of them mostly worked in roles involving institutional forex.
Tuesday, 18/01/2022 | 10:59 GMT by Arnab Shome
Regulation

UK FCA Warns on Clone Firm Impersonating Bank of America

  • The British watchdog cautioned about impersonators using Wells Fargo's business details in September.
Tuesday, 23/11/2021 | 18:16 GMT by Felipe Erazo
News

Bank of America Plans to Address Growing Cryptocurrency Interest

  • The North Carolina-based bank has created a dedicated research team to study cryptocurrency assets.
Friday, 09/07/2021 | 05:27 GMT by Bilal Jafar
Executive Moves

Michael Findlay Is Onboarded as FCA's Chair of Markets Practitioner Panel

  • Michael Findlay succeeds interim Chair, Tim Waddell, the Vice-Chair of Global Corp. & Investment Banking for EMEA.
Tuesday, 15/06/2021 | 12:00 GMT by Tom Hazan
News

Bitcoin Is Extremely Sensitive to Increased Dollar Demand, Says BOA

  • The cryptocurrency is currently trading near $58,000 with a market cap of $1.09 trillion.
Friday, 19/03/2021 | 06:36 GMT by Bilal Jafar
News

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
Executive Moves

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
Market News

Goldman Sachs And Other Major Banks Suspend Share Buybacks Due to COVID-19

  • The pandemic presents an “unprecedented” challenge, the Financial Forum states
Monday, 16/03/2020 | 22:11 GMT by Finance Magnates Staff
Executive Moves

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
FinTech

Claim to Fame or Walk of Shame: On Urban Blockchain Legends

  • Who are the biggest fans & bravest adopters of blockchain in banking? Here's the list
Tuesday, 17/12/2019 | 14:53 GMT by Nir Netzer
Executive Moves

David Paster Moves to Mitsubishi UFJ in New York

  • The long-time industry veteran left Bank of America Merrill Lynch after spending over six years at the company
Tuesday, 27/08/2019 | 12:01 GMT by Victor Golovtchenko
Payments

Bank of America Terminates Joint Venture with First Data Corp

  • The US bank revealed the news shortly after First Data Corp was acquired by Fiserv.
Tuesday, 30/07/2019 | 06:27 GMT by Celeste Skinner
Executive Moves

HSBC Secures Sean Statuto as Senior VP of FX Sales

  • Statuto joins HSBC from the Bank of America.
Wednesday, 17/04/2019 | 11:57 GMT by Celeste Skinner
Regulation

Banks are Preparing for the Worst Amidst Brexit Uncertainty

  • Goldman Sachs, Bank of America and more are getting their EU operations ready ahead of the Brexit deadline.
Thursday, 31/01/2019 | 15:03 GMT by Celeste Skinner
Executive Moves

Bank of America's Investment Banking Head Steps Down

  • De Giorgi will step down next month handing over his responsibilities to two co-heads.
Thursday, 17/01/2019 | 07:09 GMT by Arnab Shome
Regulation

US Regulator Hits Bank of America with $30M Fine for Manipulating USD Benchmark

  • Bank of America traders attempted to manipulate the US dollar iteration of ISDAfix.
Wednesday, 19/09/2018 | 20:17 GMT by Aziz Abdel-Qader
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