E-PaperBrian Moynihan News
Warren Buffett converts BofA warrants into $16.5 billion stake in bank
Warren Buffett's Berkshire Hathaway Inc. exercised warrants to buy 700 million shares of Bank of America Corp., locking in an $11.5 billion investment gain
1 min read30 Aug 2017Bank of America to cut Asia investment banking jobs: report
The job cut plan comes after Reuters reported on Friday that Goldman Sachs is planning to cut almost 30% of its 300 investment banking jobs in Asia outside Japan
2 min read26 Sep 2016Bank of America profits fall 20%, hurt by low rates
Bank of America, like Wells Fargo and JPMorgan Chase, continued to struggle in the face of low interest rates
1 min read18 Jul 2016Bank of America CEO says will expand in capital markets in India
Will expand particularly in the infrastructure and energy sectors, said Brian Moynihan
1 min read3 Dec 2014Bank of America says net income rebounds on lower expenses
Third-quarter net income rises to $2.5 bn from $340 mn a year earlier
4 min read16 Oct 2013BofA to pay $3.6 bn to Fannie Mae to settle mortgage claims
The bank has also entered into agreements with two parties to sell its residential mortgage servicing rights
1 min read7 Jan 2013Bank of America to cut 16,000 jobs: report
The cuts will take the bank’s total employment to 260,000, the lowest level since 2008
1 min read20 Sep 2012Warren Buffett to invest $5 bn in Bank of America
Warren Buffett to invest $5 bn in Bank of America
2 min read25 Aug 2011Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared