Bank of America is one of the largest fully integrated financial services companies in the world.

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FCA fines Merrill Lynch for incorrect reporting

Pound Coin

Merrill Lynch International (MLI) has been fined £13,285,900 ($19.98m) by the Financial Conduct Authority (FCA) for incorrectly reporting 35,034,810 transactions and failing to report another 121,387 transactions between November 2007 and November 2014.


Brian Fonzie Moynihan

Hold Bank of America accountable: Analyst

Shareholders should throw out Bank of America's corporate governance board following its decision to promote CEO Brian Moynihan to chairman of the board in October, CLSA bank analyst Mike Mayo said Friday.

Bank Of America Building

People News: Bank of America, Citi

Bank of America Merrill Lynch has hired Marcus Hiseman from Morgan Stanley as head of corporate debt capital markets for Europe, Middle East and Africa (EMEA), according to an internal memo seen by Reuters on Monday.


Bank Of America Corner Signs

Thomas May re-elected to Bank of America board

Thomas May, a Bank of America board member who helped combine the firm’s chief executive officer and chairman roles, was re-elected with 66% of the vote, the least of any director, and down from 98 percent last year.