The consumer has long been the engine of U.S. economic growth, with consumer spending or spending on behalf of consumers ...

Bank of America's chief technology and information officer, Aditya Bhasin, is retiring from the lender and will be replaced ...

Bosses aren’t just unapologetic about staff cuts. Many are touting shrinking head counts as accomplishments in the AI era.

Ripple stablecoin RLUSD attracts attention from Bank of America amid strong regulatory backing and growing use in ...

Bank of America CEO Brian Moynihan said the bank is exploring stablecoin initiatives, as Congress considers a bill that would ...

Speaking on the second quarter earnings call, Brian Moynihan said the bank plans to act when the time is right.

Some large U.S. lenders, including Bank of America and Citibank , are working on launching stablecoins at a time when the ...

Bank of America CEO Brian Moynihan had his 2021 compensation boosted by $7.5 million, the bank’s board of directors said in a securities filing late Friday.. The Boston-based chief executive was ...

Bank of America CEO Brian Moynihan speaks at the Boston College Chief Executives Club in Boston on Nov. 8, 2018. (Pat Greenhouse/The Boston Globe via Getty Images) ...

Bank of America CEO Brian Moynihan had his 2020 compensation cut by $2 million, the bank’s board of directors said in a securities filing Friday. The Boston-based executive was awarded $24.5 ...

Bank of America's Brian Moynihan warns against 'wealth effect' that could feel like 2007-08 Bank of America’s chairman and CEO discusses the potential for a recession from Davos, Switzerland, on ...