Bank of America Corporation – Page 10

Richard Rosenberg, Who Rejuvenated Bank of America, Dies at 92

As chief executive and chairman in the 1990s, he helped turn the bank into the nation’s second-largest through a series of acquisitions.

By Ephrat Livni

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Investors Fear a Recession Spurred by the Fed’s Inflation Fight

Investors were alarmed at suggestions by Jerome Powell, the Federal Reserve’s chairman, that interest rates could go even higher in a bid to halt inflation.

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Demystifying the Trillion Dollar Debate Over Share Buybacks

The White House is at odds with business leaders over share repurchase programs. DealBook digs into the numbers to see who’s gaining from the practice.

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Rising Interest Rates Lift Profits at Bank of America and Wells Fargo

Both banks increased their reserves as protection against deteriorating economic conditions, but signaled optimism about consumer resilience.

By Stacy Cowley