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Bank of America CEO sees investment banking and trading staying flat in Q2

Bank of America Corp expects investment banking fees and trading revenues to be broadly flat this quarter, its CEO, Brian Moynihan, told investors at a conference on Thursday.. | June 1, 2023 ....

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BofA's Merrill names new leaders to head divisions

Bank of America Corp s investment and wealth management arm Merrill named insider Greg McGauley as the head of private wealth management, international and institutional, Merrill said on Friday.. | May 19, 2023 ....

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Utilities Slide as Treasury Yields Rise -- Utilities Roundup

Shares of power producers fell sharply as Treasury yields rallied on debt-default fears.

Fixed-income investors often toggle back and forth between utility stocks and Treasurys based on yield. | May 16, 2023 ....

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Bank of America opens Luxembourg branch in Europe funds push

Bank of America has hired former BNP Paribas banker Benoit Nevouet to be the manager of a newly created Luxembourg branch as the U.S. lender seeks to grow its business in Europe, a senior. | May 10, 2023 ....

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