Bank of America

Bank of America wealth arm reports rise in Q2 income

The Global Wealth and Investment Management (GWIM) division of Bank of America (BofA) has reported a net income of $1.07bn…

Bank of America wealth income increases in Q1

The Global Wealth and Investment Management (GWIM) unit of Bank of America (BofA) posted net income of $1.05bn for the…

Bank of America wealth income soars in Q4 but AuM drops

The Global Wealth and Investment Management (GWIM) arm of Bank of America (BofA) reported net income of $1.06bn for the…

Bank of America Q3 wealth income up 31%

The Global Wealth and Investment Management (GWIM) division of Bank of America reported net income of $1.01bn for the third…

Bank of America to sell alternative investment feeder funds operations

Bank of America has agreed to divest businesses, which provide sponsorship, administration and advisory services to alternative investment feeder funds,…

Bank of America wealth unit profit soars 20% in Q2

The Global Wealth and Investment Management (GWIM) arm of Bank of America (BofA) has reported a net income of $968m…

Merrill Lynch upgrades mobile app with new features

Bank of America’s wealth management division Merrill Lynch has upgraded its mobile app to enable its users to manage their…

Bank of America merges investment units

Bank of America has merged its specialty asset management group with its alternative investments business and has appointed Nancy Fahmy…

Bank of America to relocate up to 125 staff to Ireland

Bank of America’s wealth management division Merrill Lynch has decided to relocate up to 125 employees to Ireland as a…

Bank of America wealth unit net income surges 34% in Q1

The Global Wealth and Investment Management (GWIM) arm of Bank of America (BofA) has reported a net income of $1.03bn…