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Buy boomers, sell millennials: Bank of America trade recommendation exploits ‘big diversion’ in generational spending amid high interest rates
Finance
Buy boomers, sell millennials: Bank of America trade recommendation exploits ‘big diversion’ in generational spending amid high interest rates
By Alexandra Semenova, Carmen Reinicke and BloombergOctober 27, 2023
Chairman and CEO of Bank of America, Brian Moynihan
Finance
Bank of America warned consumers they would be pushed to the ‘point of pain’—and CEO Brian Moynihan says we’ve now reached that point
By Eleanor PringleOctober 18, 2023
Retail investors aren’t listening to Wall Street doom mongers. They’re bullish on stocks—but they may be getting it all wrong
Finance
Retail investors aren’t listening to Wall Street doom mongers. They’re bullish on stocks—but they may be getting it all wrong
By Chloe TaylorSeptember 28, 2023
Citigroup CEO Jane Fraser
Finance
Wall Street’s most powerful woman shakes up Citibank in bid to narrow gap with rivals: ‘We’ll be saying goodbye to some very talented and hardworking colleagues’
By Christiaan HetznerSeptember 14, 2023
The ‘richcession’ is real—Unemployment is rising for the 6-figure-salary set, BofA data shows
Success
The ‘richcession’ is real—Unemployment is rising for the 6-figure-salary set, BofA data shows
By Irina IvanovaAugust 15, 2023
woman looking at laptop
Personal Finance
Gen Z and millennials are outpacing older generations in 401(k) contributions because they’re so worried they’ll never be able to retire
By Jane ThierAugust 10, 2023
Mother manages family budget on calculator while her daughter plays with a dog in the background.
Personal Finance
Cash-strapped Americans are being forced to dip into their 401(k) retirement plan to make ends meet
By Chloe TaylorAugust 9, 2023
Jerome Powell
Finance
‘Imagine no recession, it’s easy if you try.’ Bank of America flip-flops on its recession call, arguing a ‘soft landing’ is on the way
By Will DanielAugust 2, 2023
The Bank of America app being opened on a smart phone
Newsletters
How ‘Erica’ helped power a 19% spike in earnings at Bank of America
By Sheryl EstradaJuly 19, 2023
Angelo Mozilo’s brilliant promotional skills powered Countrywide stock to soar 23,000% in 20 years—and his hunger for risk led to disaster
Finance
Angelo Mozilo’s brilliant promotional skills powered Countrywide stock to soar 23,000% in 20 years—and his hunger for risk led to disaster
By Shawn TullyJuly 18, 2023
An empty office space overlooking New York City.
Finance
Office real estate values are moving down so fast that banking giants like Wells Fargo are already bracing for losses
By Alena BotrosJuly 18, 2023
Bank of America CEO Brian Moynihan.
Finance
Bank of America caught opening accounts without consent, withholding customer reward bonuses and ‘double-dipping’ on overdraft fees
By Ken Sweet, Michelle Chapman and The Associated PressJuly 12, 2023
woman at desk
Success
A whopping 60% of workers are back in the office 5 days a week—but that doesn’t mean what you think it does
By Jane ThierJune 16, 2023
Morgan Stanley analysts see a fall for commercial real estate ‘worse than in the Great Financial Crisis’—BofA disagrees for 3 key reasons
Finance
Morgan Stanley analysts see a fall for commercial real estate ‘worse than in the Great Financial Crisis’—BofA disagrees for 3 key reasons
By Alena BotrosMay 24, 2023
In this photo illustration, the ChatGPT logo is seen displayed on a smartphone and the OpenAI company logo on background.
Leadership
Apple, Goldman Sachs, and Samsung among growing list of companies banning employees from using ChatGPT at work
By Paige McGlauflinMay 19, 2023
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Success
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