Tag Archives: Brian Moynihan

Alex Wong / Getty Images Warren Buffett invested બેંક 5 billion in Bank of America in August 2011, providing a crucial vote of confidence and cash to the struggling lender. The famed investor and CEO of Berkshire Hathaway had the idea to invest while taking a bath, and was initially …

Bank of America released second-quarter earnings on Thursday that were bolstered by stronger-than-expected bond trading and investment banking revenues. The bank said it generated earnings of $ 3.5 billion, or 37 cents a share, exceeding the 27 cents a share expected by analysts polled by Refinitiv. However, revenue of $ …