Bank of America will pay more than $250 million in refunds and fines after federal regulators found the company systematically overcharged customers, withheld promised bonuses and opened accounts ...

Bank of America is a case study in how to build distrust, especially when it comes to discriminatory de-banking. Bank of America held its annual shareholder meeting last month.

Last year, the bank promoted 387 employees to managing director roles in 2024, more than half of whom were women and people of color.

Louisiana Treasurer Dr. John Fleming announced his recommendation for not approving Bank of America as an authorized fiscal agent for the State of Louisiana.

"If the arc of corporate practice bends toward profitability, the win-win that skills-based hiring represents is an opportunity firms are remiss to ignore." ...

Bank of America further cracks down on overwork Now, it appears that Bank of America is taking further steps to tackle overwork in its workplace culture.

In an effort to control costs and prepare for a potential recession, Bank of America (BAC) has instructed its managers to stop hiring except for the most crucial roles, Bloomberg ...

Bank of America Corp. started telling executives to pause hiring except for the most vital positions, as it tries to keep a lid on costs and prepare for a possible economic downturn.

Tuesday's orders are far from the first time Bank of America has been penalized for illegal banking practices. Bank of America has paid nearly $1 billion in penalties since 2014 from issues ranging ...

"If the arc of corporate practice bends toward profitability, the win-win that skills-based hiring represents is an opportunity firms are remiss to ignore." ...

Brian Moynihan, the head of Bank of America, said on Sunday that his company plans to slow down its hiring process and predicted that the U.S., would experience a mild recession later this year ...

The CFPB cut short a five-year agreement with Bank of America over the bank’s alleged submissions of false mortgage data.