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Banking & Finance News

Banking & Finance
Jason Edelmann appointed president at BofA's Fort Lauderdale branch
Bank of America has announced the appointment of Jason Edelmann as President of Fort Lauderdale.

By Business Daily | Mar 21, 2025

Banking & Finance
GSTV's sale process faces setbacks amid expired contract rumors, possible competition
GSTV, the leading retail media network delivering video advertising at gas stations, is in the midst of a strategic sales process, with potential deals being closely watched by industry insiders. But, according to a source with direct knowledge of the deal, challenges are emerging that could delay or disrupt the process.

By Kyle Barnett | Mar 19, 2025

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Banking & Finance
Daniel Marcu appointed as partner at Goldman Sachs for AI initiatives

By Business Daily | Mar 17, 2025

The Goldman Sachs Group, Inc. has announced the appointment of Daniel Marcu as a Partner in the Engineering division and Global Head of AI Engineering and Science.
Banking & Finance
Bank of America declares dividends for preferred stock payable in April and May

By Business Daily | Mar 14, 2025

Bank of America Corporation has announced that its Board of Directors has approved regular cash dividends for several series of preferred stock, payable in April and May 2025.
Banking & Finance
Rural business owners urge Congress for policy changes during Washington visit

By Business Daily | Mar 12, 2025

Rural small business owners from 16 states have gathered in Washington, D.C., to advocate for policy changes that could drive economic growth.
Banking & Finance
Ruben Torres appointed president of El Paso

By Business Daily | Mar 12, 2025

Ruben Torres has been appointed as the President of El Paso, a decision announced on March 12, 2025.
Banking & Finance
Moelis, Solomon Partners running sales process for GSTV

By A. B. Bamburg | Mar 10, 2025

Moelis & Company and Solomon Partners are managing a strategic process for GSTV, which could result in a sale or other transaction, according to a memorandum reviewed by Business Daily.
Banking & Finance
Bank of America announces redemption plan for CAD400M senior notes due March 2026

By Business Daily | Mar 8, 2025

Bank of America Corporation has announced its plan to redeem all CAD400,000,000 principal amount outstanding of its Floating Rate Senior Notes due March 2026.
Banking & Finance
Small businesses seek policy changes amid optimism for growth in 2025

By Business Daily | Mar 6, 2025

America's small business owners are expressing optimism for 2025, while also facing economic challenges and looking to Washington for support.
Banking & Finance
Bank of America funds $7.8 billion for affordable housing projects nationwide

By Business Daily | Mar 4, 2025

Bank of America Community Development Banking provided $7.8 billion in financing last year, facilitating the creation and preservation of 12,600 housing units across the United States.
Banking & Finance
Goldman Sachs appoints KC McClure and John Waldron to board

By Business Daily | Feb 26, 2025

The Goldman Sachs Group, Inc. has announced the appointment of KC McClure as an independent director to its Board of Directors, effective immediately.
Banking & Finance
Bank of America partners with Youth on Course to promote youth golf access

By Business Daily | Feb 25, 2025

Bank of America and Youth on Course have announced a partnership aimed at expanding access to golf for young players across the United States.
Banking & Finance
Bank of America announces redemption plan for CAD550M senior notes due March 2026

By Business Daily | Feb 21, 2025

Bank of America Corporation has announced its intention to redeem the entire CAD550,000,000 principal amount outstanding of its 3.515% Fixed/Floating Rate Senior Notes on March 24, 2025.
Banking & Finance
Mark Kremers appointed as new president for Bank of America's San Diego division

By Business Daily | Feb 19, 2025

Bank of America has announced the appointment of Mark Kremers as the new president of its San Diego division.
Banking & Finance
Goldman Sachs group welcomes new SBA Administrator Kelly Loeffler

By Business Daily | Feb 19, 2025

Following the confirmation of Kelly Loeffler as administrator of the Small Business Administration, Goldman Sachs 10,000 Small Businesses Voices has expressed its support and eagerness to collaborate with her.
Banking & Finance
NYU Stern professor on Operation Choke Point 2.0: 'One of the biggest losers here is America itself'

By Business Daily | Feb 10, 2025

Austin Campbell, an adjunct professor at New York University's Stern School of Business, said that the widespread debanking of crypto-affiliated firms and individuals has damaged the United States' reputation as a hub for innovation.
Banking & Finance
Bank of America receives top honors in digital transformation study

By Business Daily | Feb 8, 2025

Bank of America has been recognized for its commitment to digital innovation, receiving top rankings in the 2024 Digital Transformation Benchmarking Study by Crisil Coalition Greenwich.
Banking & Finance
Brian Moynihan to join BofA Securities conference on February 12

By Business Daily | Feb 6, 2025

Bank of America Chair and CEO Brian Moynihan is set to participate in the BofA Securities Financial Services Conference on February 12.
Banking & Finance
Bank of America announces full redemption of Series AA preferred stock

By Business Daily | Feb 6, 2025

Bank of America Corporation has announced its plan to redeem all outstanding shares of its Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series AA, along with the corresponding depositary shares.
Banking & Finance
Bank of America set to join UBS conference on February 11

By Business Daily | Feb 5, 2025

Bank of America has announced its participation in the UBS Financial Services Conference scheduled for February 11.

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