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Hugh Son

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BANK OF America Corp., which has said it will stop offering commission-based retirement accounts as it prepares for new regulations, also plans to more clearly disclose fees that clients pay to the firm’s 14,000 financial advisers. / BLOOMBERG NEWS PHOTO

BofA’s Merrill to tell clients how they’re paying their brokers

NEW YORK - Bank of America Corp., which has said it will stop offering commission-based retirement accounts as it prepares for new regulations, also...

JPMorgan, BofA would see pay rules hardened under U.S. proposal

NEW YORK - JPMorgan Chase & Co., Bank of America Corp. and the other four largest U.S. banks, which already restrict terms of senior...
BANK OF AMERICA Corp. posted a first-quarter profit that missed analysts’ estimates.

BofA misses estimates on slump in deals, energy loan losses

NEW YORK - Bank of America Corp. posted a first-quarter profit that missed analysts’ estimates as trading and underwriting revenue dropped and energy loans...
BANK OF AMERICA's first-quarter profit rose 40 percent on a year-over-year basis, beating estimates, thanks to improved trading revenue.

BofA profit jumps 9.4% on fixed-income gain, beats estimates

NEW YORK - Bank of America Corp., the second-biggest U.S. lender, said profit rose 9.4 percent on gains in fixed-income trading revenue and declines...

Goldman, JPMorgan seen as fintech winners while AmEx suffers

NEW YORK - The two firms have the best track record of implementing technology and will be able to successfully learn from new entrants...

BofA trading revenue up ‘mid-single digits,’ Moynihan says

NEW YORK - Fourth-quarter trading revenue at Bank of America Corp. is on pace to increase from a year earlier, CEO Brian Moynihan said.“Sales...
BANK OF AMERICA CORP. CEO BRIAN T. MOYNIHAN said big U.S. banks are scrambling to offer more technologies and services demanded by consumers in order to maintain business. / BLOOMBERG FILE PHOTO/ANDREW HARRER

Moynihan says banks reinventing checking to fend off competitors

NEW YORK - Big U.S. banks are scrambling to offer more technologies and services demanded by consumers, including peer- to-peer payments, so startups don’t...
BANK OF AMERICA CEO BRIAN T. MOYNIHAN said in a television interview that he would leave intact many provisions of the Dodd-Frank Act that reduce risk at the bank even if the law were scaled back. / BLOOMBERG FILE PHOTO/ANDREW HARRER

BofA’s Moynihan says ‘stay the course’ with new financial rules

NEW YORK - Bank of America Corp. CEO Brian T. Moynihan said that even if Wall Street reforms were scaled back by politicians, he...
BANK OF AMERICA met analysts' expectations for cost cuts and was rewarded as being the only major bank stock on Wednesday that showed an increase in its share price.

Worst major U.S. bank stock of 2015 is today’s only gainer

NEW YORK - Bank of America Corp. showed it could follow through on its plans to cut costs.While investors punished JPMorgan Chase & Co....
BANK OF AMERICA posted profit of $4.51 billion in the third quarter as litigation expenses declined and revenue beat expectations.

BofA profit rebounds to $4.51B as revenue beats estimates

NEW YORK - Bank of America Corp., the second-biggest U.S. lender, posted third-quarter profit of $4.51 billion as litigation expenses tumbled and revenue exceeded...
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