Bank of America (BAC) says its wealth management clients should start thinking about getting some crypto exposure in their portfolios. The firm is endorsing a 1%-4% allocation to digital assets for ...

In separate earnings calls, Bank of America and Wells Fargo reported revenue growth in their wealth management divisions, driven by increases in net income and fees. For Bank of America Merrill Wealth ...

BOSTON (Reuters) -Bank of America's wealth business is targeting 4% to 5% net new asset growth in the medium term, executives said on Wednesday. "We have the scale and we have the infrastructure to be ...

Learn how Bank of America, one of the largest U.S. banks, makes money through interest income, fees, wealth management, investment banking, and consumer lending.

A bull market for stocks is boosting assets and profits at the wealth management business units of Wells Fargo, Citigroup, and Bank of America, which owns Merrill. That augurs well for other large ...