Banks (Finance)
The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe, has called on the Bank of America to prioritize investment in Nigeria's upstream sector. Komolafe said that funding remains a challenge for companies seeking to scale up oil production in Nigeria, despite the country'
Banks (Finance)
Oracle Corp (NYSE:ORCL, ETR:ORC) has strengthened its position as a major player in the artificial intelligence (AI) infrastructure market, following its significant investment in OpenAI, according to Bank of America analysts. This strategic move is expected to propel Oracle alongside established hyperscalers in the AI compute space. As
Banks (Finance)
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has called on Bank of America and other key financial institutions to prioritize funding for Nigeria's oil sector, emphasizing the need for sustained production growth and energy security. The NUPRC's chief executive, Engr. Gbenga Komolafe, made this appeal during
Banks (Finance)
Bank of America Corporation has declared a quarterly cash dividend on its common and preferred stock, marking the latest move in the company's ongoing commitment to shareholder value. The dividend declaration comes as the bank continues to expand its global operations and services, serving individual consumers, businesses, and
Banks (Finance)
Uber Technologies Inc's (NYSE:UBER, ETR:UT8) third-quarter results are poised to modestly outperform Wall Street expectations, driven by robust mobility trends and continued progress in autonomous vehicle (AV) development. Bank of America analysts have maintained their "Buy" rating on the ride-hailing and delivery app with
Bank of America Corp.
Bank of America Corporation has announced the appointment of three key executives, effective immediately. Dean C. Athanasia, President, Regional Banking, and James P. DeMare, President, Global Markets, have been named Co-Presidents of the Corporation. Additionally, Alastair M. Borthwick, who has been serving as Chief Financial Officer since November 2021, has
Bank of America Corp.
Bank of America today announced key senior leadership appointments to drive its capabilities around the globe for clients, shareholders, and local communities. Chair and CEO Brian Moynihan has named Dean Athanasia and Jim DeMare to serve as Co-Presidents of Bank of America, and appointed Alastair Borthwick to serve as Executive
Bank of America Corp.
Bank of America Corporation announced on July 23, 2025, that its Board of Directors authorized a new $40 billion common stock repurchase program, effective August 1, 2025. This program will replace the current program, which will expire on August 1, 2025, and had approximately $9.1 billion in common stock
Bank of America Corp.
Despite beating estimates and raising its full-year outlook, Netflix's shares fell almost 5% as analysts attributed the market's tepid reaction to the company's elevated valuation. Analysts at Bank of America and UBS agree that Netflix's fundamentals are strong, but investors' expectations
Bank of America Corp.
American Rebel Holdings, Inc.'s wholly-owned subsidiary, Champion Safe Company, Inc. (the "Borrower"), has been actively pursuing a refinancing of its debt with Bank of America. As a result of the Borrower's failure to make payment on the outstanding principal amount of the Term Loan,
Banking industry
Bank of America has appointed Paul Keifer as president of its Grand Rapids market, succeeding Renee Tabben, who led the market since 2016 and will continue as Merrill market executive. As president, Keifer will build on Tabben's work, growing market share by fostering local connections and identifying opportunities
Banking industry
Bank of America has rolled out updated cash back rewards programs for its Customized Cash Rewards credit card and Unlimited Cash Rewards credit card, providing significant benefits to new cardholders. The enhanced offerings will be available nationwide on June 1, allowing new cardholders to earn higher cash back rewards and
