To name a few examples, megabank Bank of America ( BAC -5.46%) was down by 6% for the day. Investment banking leader Goldman Sachs ( GS -3.48%) had fallen by 5%. And app-based banking platform SoFi ( SOFI -3.65%) was lower by more than 6.5%.

Bank of America shares are trading lower by 8.8% since Monday's open. Shares of banking companies are volatile this week amid President Trump's decision to implement tariffs.

Last year, the bank promoted 387 employees to managing director roles in 2024, more than half of whom were women and people of color.

Good news for major recreational vehicle (RV) maker Thor Industries (THO), as it landed an upgrade at Bank of America Securities. Investors

The United States Congress said that it would push to pass legislation on stablecoins in the first 100 days of the Trump administration.

Bank of America CEO Brian Moynihan signals the financial industry's shift toward the crypto economy, stablecoins potentially on the horizon.

DETROIT — Bank of America and The Charles H. Wright Museum of African American History  are partnering to provide free admission to all museum visitors on the

Get an honest look at Bank of America mortgages, their rates, customer service, and whether this banking giant is a good fit for your loan needs.

Since Acting Director Russell Vought has taken over the CFPB, the agency has dropped at least a half dozen cases brought by his predecessor, Rohit Chopra.