Bank of America Corp

SEC charges Merrill Lynch, Harvest Volatility Management for ignoring client investment limits

The U.S. Securities and Exchange Commission charged Harvest Volatility Management and Merrill Lynch on Wednesday for exceeding clients’ predesignated investment…

JPMorgan creates new role overseeing junior bankers as Wall Street wrestles with workload concerns

JPMorgan Chase has created a new global role overseeing all junior bankers in an effort to better manage their workload…

Berkshire unloads another chunk of Bank of America as CEO Moynihan lauds Buffett as great shareholder

Warren Buffett’s Berkshire Hathaway offloaded another chunk of Bank of America shares, bringing its total sales to more than $7…

3 ways Wall Street’s largest banks are leveraging AI to increase profitability

Big banks are jumping into the AI arms race.

Buffett’s Berkshire Hathaway hits $1 trillion market value, first U.S. company outside of tech to do so

Warren Buffett’s Berkshire Hathaway reached a $1 trillion market capitalization on Wednesday, the first nontechnology company in the U.S. to…

JPMorgan Chase is opening more small-town branches in middle America

Three years ago, JPMorgan Chase became the first bank with a branch in all 48 contiguous states. Now, the firm…