Bank of America has agreed to pay $72.5 million to settle a class action lawsuit alleging the bank facilitated Jeffrey Epstein's sex trafficking operation. The bank did not admit wrongdoing but aims to close the case, which is the fourth major bank settlement related to Epstein's trafficking. Previous settlements include JPMorgan Chase's $290 million and Deutsche Bank's $75 million payments. The settlement covers victims abused between 2008 and 2019 and awaits court approval.
Jim Cramer stated that today's stock market is far from the dot-com bubble era, highlighting lower valuations, cooler inflation, and strong corporate earnings as key differences. Despite some speculative stocks like SpaceX, these are outliers and do ...
Bank of America announced it will redeem all $400 million of its Floating Rate Senior Notes and $5.75 billion of its Fixed/Floating Rate Senior Notes on July 22, 2026. The redemption price will be 100% of the principal plus accrued interest up to the...
Bank of America Corporation reported strong Q2 2026 results, surpassing expectations with a net interest income of $16.2 billion, up $300 million sequentially. The growth was driven by favorable changes in deposit and loan mix and a shift toward high...
The 94th Emerging Growth Conference will take place virtually on July 15-16, 2026, showcasing presentations from various small cap companies across sectors like technology, mining, and energy. The event highlights companies with strong management and...
Bank of America reported second-quarter 2026 earnings that surpassed Wall Street expectations, driven by broad revenue growth across net interest income, investment banking, trading, and wealth management. Earnings per share rose to $1.21, beating th...
