Bank of America and JPMorgan Chase are denying that political affiliation has any bearing on the customers who do business at the banks after President Trump alleged at Davos that BofA had refused to do business with some conservatives.

U.S. President Donald Trump on Thursday accused the CEOs of Bank of America and JPMorgan Chase of not providing banking services to conservatives, echoing Republican complaints about the industry.

The lender rebuffed allegations that it is less welcoming to conservatives after the president blindsided CEO Brian Moynihan with a barb during a Q&A session at the World Economic Forum in Davos, Switzerland.

Read here for an analysis of Bank of America's Q4 results, challenges, and potential for earnings acceleration and returns in the current economic environment.

Bank of America pushed back on criticism from President Donald Trump and insistedthey “welcome conservatives.” But a post on social media insisting there has been no discrimination […]

I hope you start opening your bank to conservatives, because many conservatives complain that the banks are not allowing them to do business within the bank,” the 47th commander in

Big U.S. banks found themselves on the defensive Thursday, with Bank of America saying it doesn’t have a “political litmus test” for clients, after President Trump suggested that leading financial institutions weren’t letting conservatives do business with them.

Bank of America CEO Brian Moynihan said that the firm is open to using cryptocurrency for payments if regulators clarify the rules.

Wall Street banks are getting ready to sell $3 billion of debt tied to Elon Musk’s 2022 purchase of X, formerly known as Twitter, as per a recent report by The Wall Street Journal.

Second-term Trump seems to have learned a thing or two since his first term, including the importance of having a little fun.

Berkshire's American Express position dates back to 1991, making it one of his longest holdings along with Coca-Cola. In 2024, American Express gained a whopping 58.4%, making it the third best performing component in the Dow Jones Industrial Average -- behind only Nvidia and Walmart.