Bank of America, the second-largest commercial bank in the U.S., no longer offers student loans, according to the Federal Reserve. It left the student loan industry over a decade ago and hasn’t looked ...

Bank of America is closing out the year by diving deep into the multifamily sector. The bank is acquiring $990 million in multifamily commercial real estate loans from Seattle-based HomeStreet, ...

Editor’s Note: Irvine-based TGR Foundation, which was established in 1996 by Tiger Woods and his father, Earl Woods, encourages students to pursue STEAM careers. TGR Foundation ranked No. 40 on the ...

If you’re looking to borrow a small business loan from a bank, Bank of America and U.S. Bank are two good choices that offer a wide range of products. Both banks offer term loans, SBA loans and ...

Bank of America’s Q1 core EPS and NII came in higher than Street expectations, one analyst said. NII continues to be a concern, but management is trying to turn things around, another analyst added.

Bank of America has made 1,000 loans totaling $394.2 million through the Small Business Administration 7(a) program so far in fiscal 2023. It is aiming to increase that to $1 billion of 7(a) loan ...

Bank of America will continue to expand into the auto loan sector despite the fact that regulators show the industry could decline. The company is also moving ahead at a time when their competitors ...

NEW YORK - Bank of America said Thursday that it set aside less money to cover bad loans in the first three months of the year than it has since before the 2008 financial crisis. Because Bank of ...

Bank of America Corp., the largest consumer bank in the country, announced yesterday that it will exit the subprime lending market, a business that focuses on high-risk borrowers who often find it ...

The megabank has lowered interest payments through refinancings and has increased productivity by investing heavily in AI technology.