News

The Bank of America branch near Fresno’s Fashion Fair Mall is set to close in late January 2026 due to a decline in in-store foot traffic, but no job reductions will result from the closure.
A service outage that affected thousands of Bank of America clients on Wednesday has been fully resolved, according to the bank.
The company deployed automated coding tools to its 17,000 software developers, CEO Brian Moynihan said Wednesday.
In total, the report recorded 944 bank closings between January and September 30. The highest numbers of closures in Q3 of 2024 were reported by Bank of America and Wells Fargo.
On Wednesday afternoon, Bank of America customers reported having problems accessing their online accounts. Some even reported seeing a balance of $0.
The share of global equity flows heading to the US has plunged in 2025, strategists at Bank of America Corp. said, as the trade war raises doubts about so-called American exceptionalism.
Bank of America customers reported having trouble accessing their bank accounts on Wednesday, but the bank said the apparent glitch has been largely fixed.