Bank of America named Ed Siaje president of Bank of America Detroit. As president and head of the market, he will connect clients, teammates and communities to the franchise and drive integration across the bank’s eight lines of business. He succeeds recently-retired Matt Elliott. read more

NOV 22, 2024 - 5:55 am

Bank of America named David Dowd as president of Bank of America Asheville. Dowd will be head of the market and responsible for connecting clients, teammates and communities to the full power of the franchise, driving integration across the bank’s eight lines of business. read more

SEP 23, 2024 - 6:10 am

Bank of America named Drew Slocum as president of Bank of America Wisconsin. As president, Slocum will lead the Wisconsin market and will be responsible for connecting clients, teammates and communities to the bank’s eight lines of businesses. read more

AUG 2, 2024 - 6:21 am

Bank of America named Jonathan Matessino president of Bank of America in New Orleans and Baton Rouge, LA. Matessino joined Bank of America in 2015, most recently serving as senior relationship manager for global commercial banking. read more

JUL 5, 2023 - 6:55 am

Bank of America named Jim Morehead president of Bank of America Seattle. The company also appointed Alex Yang Seattle market executive, replacing Jeremey Williams, who was recently promoted to community relations manager executive. read more

DEC 12, 2022 - 7:24 am

Bank of America named Rita Sola Cook president of Chicago for the bank. Cook will succeed Paul Lambert, who plans to retire after 30 years with the company. read more

DEC 17, 2021 - 6:03 am

Bank of America named Al McRae president of Bank of America Atlanta. McRae is succeeding Wendy Stewart, who was recently named a member of the company's senior management team and president of global commercial banking for Bank of America. read more

NOV 10, 2021 - 6:31 am

Anne Finucane, vice chairman of Bank of America, and Thomas Montag, chief operating officer and president of global banking and markets at Bank of America, will retire. Finucane and Montag will remain in their roles until the end of 2021. Succession plans will be announced in the coming weeks. read more

AUG 27, 2021 - 6:23 am

Bank of America reported Q1/20 net income of $4.0 billion, down 45% from $7.3 billion in Q1/19. Nonperforming loans increased $504 million from Q4/19, primarily driven by $353 million increase in commercial loans. read more

APR 16, 2020 - 5:55 am

The Bank of America Board of Directors appointed Denise L. Ramos as a director. Ramos retired in 2019 as the CEO, president and a director of ITT, Inc., after serving in those roles since 2011. read more

JUL 26, 2019 - 7:00 am

Bank of America released its financial results for the first quarter of 2019, reporting a net income of $7.3 billion, an increase of 6% year over year. read more

APR 17, 2019 - 6:50 am

Bank of America named Private Bank senior vice president Jason Foster its market president for the North Bay counties of Marin, Napa and Sonoma, CA. read more

MAR 18, 2019 - 6:50 am

Bank of America reported its Q3/18 net income was up 32% to $7.2 billion, driven by strong operating leverage and asset quality, as well as the benefit of tax reform. ESP of $0.66 beat estimates of $0.62 per share. read more

OCT 16, 2018 - 7:00 am

Bank of America reported Q1/18 net income was up 30% from $5.3 billion to a record $6.9 billion. Nonperforming assets of $6.7 billion were down 12.3% from $7.6 billion a year earlier. read more

APR 17, 2018 - 7:24 am

Bank of America reported Q4/17 net income of $2.4 billion, down from $4.5 billion a year earlier. The bank noted it took a Q4 charge of $2.9 billion related to the Tax Cuts and Jobs Act. read more

JAN 18, 2018 - 5:55 am