Bank of America’s sales & trading arm continues to grow as a major driver of its profits. The unit earned $1.5 billion in profit in the third quarter of 2024, approximately 22% of the bank’s net ...
Bank of America reported a drop in the credit card loans it had to write off for nonpayment, another sign from big banks that their borrowers appear fairly healthy. The bank’s net charge-off rate for ...
Sean "Diddy" Combs was hit Monday with a new wave of lawsuits accusing him of raping women, sexually assaulting men and molesting a 16-year-old boy. It is the first time he's been sued by a person ...