Bank of America registers rise in Global Markets income in Q2 2022
Bank of America reported net income from its Global Markets segment of $1.0 billion, up
$110 million from the year-ago period.
Bank of America
FINRA fines BofA Securities for reporting deficiencies
From January 2014 through February 2022, BofA Securities published inaccurate data in 107 monthly reports.
Bank of America expands its Global FX and Emerging Markets Macro Trading team
Bank of America announces a set of appointments to its Global FX and Emerging Markets Macro Trading team.
Major banks seek summary judgment in FX benchmark rate fixing lawsuit
HSBC, Barclays, JPMorgan Chase, NatWest Markets, UBS, BofA, and Citi push for summary judgment in their favor.
Merrill Lynch to pay $15.2 million for price discrepancy on funds
Merrill Lynch maintained a system designed to restrict a customer’s purchase of Class C shares when lower cost Class A shares were available.
Bank of America registers drop in Global Markets net income in Q1 2022
Bank of America reported net income decrease of $459 million to $1.6 billion for the first quarter of 2022.
BofA adds ACH Positive Pay on CashPro App
Bank of America (BofA) announced the launch of ACH Positive Pay on its award-winning CashPro App.
Bank of America partners with UK Fintech Banked Ltd on “Pay by Bank” payment solution
Launched in conjunction with Banked Ltd., this new feature allows customers of e-commerce companies to pay directly from their bank account.
Bank of America registers drop in Global Markets net income in Q4 2021
The Global Markets business segment of Bank of America saw net income decrease $122 million to $669 million in Q4 2021.
Bank of America launches CashPro Forecasting
Bank of America launches CashPro Forecasting, a solution leveraging artificial intelligence (AI) and machine learning.
