Bank Of America’s Corporate Banking Lead To Depart
A top corporate banking executive at Bank of America (BoA) is slated to depart the institution, according to The Wall Street Journal (WSJ) reports Thursday (Sept. 20). The head of BoA’s corporate and...
View ArticleBlockchain Patent Filings Spike
At one time, blockchain meant bitcoin and bitcoin meant blockchain — no longer. Well-documented here and elsewhere, blockchain has become the rail across which innovators hope to innovate — to bring...
View ArticleApple’s Latest iPhones To Boost Momentum, Produce Upside
Bank of America Merrill Lynch was pounding the table on Apple Tuesday (Oct. 9), predicting the iPhone maker will see increased momentum thanks to the launch of its latest round of mobile devices....
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NEW DATA: The 10 Key Innovations Driving QSR
Consumers expect to be met with technology wherever they go, and quick-service restaurants (QSRs) are no exception. When it comes to ordering meals, they want to be able to do so with as little fuss...
View ArticleBig Lenders Make Push To Liquidate Sears
Sears Holdings may be liquidated in the wake of a meeting Wednesday with several of the struggling retailer’s biggest lenders that did not result in concrete plans to ensure the firm continues...
View ArticleBank Of America’s Zelle Boosts P2P Transactions 138 Pct In Q3
It’s the start of the new earnings season, and Bank of America, among the first companies out of the gate, set a positive tone Monday (October 15) when it released its third-quarter financials — a...
View ArticleBitcoin Daily: Dormant Bitcoin Wallets Reach 15.8M; Bank Of America Awarded...
BitInfoCharts data has found that almost one in 10 bitcoin wallets have sat dormant for a year, MarketWatch reported. As of August, the number of dormant wallets reached 15.8 million. At the same time,...
View ArticleBanks Paint Different Portraits On Debt, Economic Boom’s Longevity
Call it a tale of two consumers — or perhaps a bifurcation of credit outlooks. News came this week that at least two credit card firms are tightening standards that are tied to their cards — and doing...
View ArticleDanske Investigators Contact BoA, JPM
Investigators have reportedly contacted Bank of America Corp. and Deutsche Bank AG regarding transactions involving a Danske Bank branch in Estonia at the heart of a money laundering investigation....
View ArticleTalent Crunch Intensifies For Small Businesses, Bank Of America Finds
The year 2018 was a record year for small business (SMB) optimism in the U.S., driven by economic strength, government policy and continued efforts among the financial technology (FinTech) and...
View ArticleSmall Firms Find Tight Labor Market A Costly Challenge
The big news in jobs this past week came from payroll firm ADP, which found the U.S. private sector added 179,000 jobs in November. ADP described the figure as “strong” and in line with analyst...
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Digital Divide: QSR Managers And Consumers Face Nearly 30-Point Gap On...
While quick-service restaurant (QSR) managers and customers might view the same menu, they might not always be on the same page when it comes to technology and innovation. When today’s connected...
View ArticleBitcoin Daily: Bank Of America Mulls Blockchain ATMs; India Eyes...
The government of India is reportedly considering the legalization of digital currencies, with some restrictions, per CoinDesk. According to reports, an unnamed senior official, who was reportedly...
View ArticleBank Of America’s Zelle P2P Transactions Increased 97 Pct In Q4
Zelle P2P payments increased 97 percent in the fourth quarter of 2018, Bank of America said Wednesday (Jan. 16), signaling the latest burst of growth for that payment method. During that quarter,...
View ArticleQ4 Earnings: Bank CEOs On Cards, Credit And The Consumer
Bank earnings — taken together, let’s call them a mixed bag. Or maybe liken them to an onion, with layers of meaning and hints of things to come — some savory, some likely to induce tears. The spate of...
View ArticleBanker’s ‘Half Dozen’ To Testify Before Congress This Spring
Call it a reunion of sorts, a gathering of banking execs not seen since the less-than-heady days of the financial crisis a decade ago. The Wall Street Journal reported that six CEOs from the largest...
View ArticleBoA Loyalty Program Members Can Trade Stocks For Free
Bank of America is giving free trades to its most loyal members, according to a report by Bloomberg. The bank will expand the eligibility for free trades on stocks and exchange-traded funds to the...
View ArticleBank Of America Rolls Out Digital Tool For Entrepreneurs
Bank of America announced on Wednesday (Feb. 6) the launch of Business Advantage 360, a digital dashboard aimed at helping entrepreneurs manage their business finances. In a press release, Bank of...
View ArticleCarvana, BoA Team Up For Online Car Sales
In an effort to bring customers an easier and more streamlined online car buying experience, Carvana, an online-only used car dealer, has teamed up with Bank of America, according to a release from the...
View ArticleBank Of America Rebrands, Loses Merrill Lynch Name
Bank of America will drop the Merrill Lynch name from its trading and investment banking outfits, according to reports. The banking giant, which bought the longstanding Wall Street firm during the...
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