Brian Moynihan

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The Iseq all-share index advanced 1.79 per cent on the day with advances for companies including Kingspan and CRH. Photograph: Dara Mac Dónaill

Global stocks advanced on Wednesday as investors await minutes from the US Federal Reserve’s July meeting for signs of future rate cuts. Dublin outper(...)

 SunTrust Bank headquarters in   Atlanta, Georgia. Photograph: EPA/Erik S Lesser

US regional lender BB&T will buy rival SunTrust Banks for about $28 billion in stock, unveiling the biggest bank deal since the 2007-09 financial (...)

 Pedestrians pass a Bank of America branch in Times Square in New York. Third quarter revenues at the bank came in just ahead of analysts’ estimates. Photographer: Jeremy Bales/Bloomberg

Robert Armstrong Third quarter revenues at Bank of America came in just ahead of analysts’ estimates, growing 4 per cent to $22.8 billion, thanks to (...)

Bank of America reported a 34 per cent rise in first-quarter profit on Monday, topping Wall Street estimates, as the lender benefited from higher inte(...)

Bank of America is one of a smaller number of firms to extend the bonuses to employees working outside the US, including those in its Irish operation, based in Leopardstown in Dublin

About 700 Bank of America workers in Ireland are in line for an estimated €800 windfall from US president Donald Trump’s $1.5 trillion tax cuts. Many(...)

Stephen Schwarzman, Adena Friedman, Brian Moynihan,  Tidjane Thiam,  and Frank Appel, in Davos. Photograph: Bloomberg

Senior business leaders clashed on the first day of the World Economic Forum conference in Davos over the impact of the United States’ tax overhaul on(...)

The WEF gathering of political and corporate leaders, alongside a smattering of celebrities, at Davos  has itself been criticised for perceived elitism. Photograph: Arnd Wiegmann/Reuters

Ireland is the world’s eighth-most “inclusive” advanced economy, based on a measure from the World Economic Forum (WEF), which goes beyond economic gr(...)

The ranking marks an improvement on Ireland’s 12th place among 29 advanced economies in a previous report published by the WEF, organisers of the annual Davos conference taking place this week.

Ireland is the world’s eighth-most “inclusive” advanced economy, based on a measure from the World Economic Forum (WEF), which looks beyond economic g(...)

Stripe co-founder John Collison (pictured) and his brother Patrick were added to the list of Irish billionaires last year, according to a report by Oxfam. Photograph: Dave Meehan

A record surge in the number of billionaires globally last year, when one was created every two days, has fuelled an “inequality crisis”, according to(...)

Bank of America is one of only two non-French lenders that have thus far chosen Paris as a destination for some significant operations. Photograph: Jeremy Bales/Bloomberg

Bank of America signed a lease for office space in Paris, formalizing plans to move its European trading hub to the French capital after Brexit, peopl(...)

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