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A man walks near a Bank of America branch in New York's Times Square Decemeber 11, 2008.

BANK OF AMERICA: These 5 trends emerged from companies’ first-quarter earnings reports

Economists expect the second quarter to show the brunt of the pandemic's fallout, leading any new patterns to shape investor actions moving forward.

These are the 6 reasons why stocks are ‘divorced from reality,’ according to BofA

"Government and corporate bond prices have been fixed by central banks...why would anyone expect stocks to price rationally?" the firm said.

From stay-at-home dealmaking to virtual internships, here’s how Wall Street is transforming

After the remote transition, some Wall Street firms are already considering how coronavirus could permanently transform the way they work.

Bank of America lays out a bullish scenario where US stocks surge 14% over the next year

A return to 2019 fund allocations could drive $1 trillion back into stocks and send equity prices soaring, the bank's analysts said.

BANK OF AMERICA: Stocks haven’t been this attractive relative to bonds in 70 years, suggesting further gains are coming

The stars have aligned for more stock gains, Bank of America says. The firm sees equities the most attractively valued in decades, versus bonds.
Wall Street stands empty as people stay away from the area due to the coronavirus on March 30, 2020 in New York City.

US investment-grade debt issuance tops $1 trillion on back of Fed purchases

The current pace of bond offerings trounces last year's, as $1.14 trillion in high-grade debt was issued through all of 2019.
Brian Moynihan, Chairman and Chief Executive Officer of the Bank of America Corporation

Bank of America’s CEO doesn’t see the US economy fully recovering until the end of 2021 — but says credit damage has been surprising...

"Right now you're not seeing the type of credit damage that you'd expect to see with this amount of downdraft in activity," CEO Brian Moynihan said.
When you return something that was purchased with a credit card, you'll generally be entitled to a credit card refund.

The average credit card interest rate by credit score and card

In the first quarter of 2020, the average credit card interest rate in the US was 15.09%, according to data from the Federal Reserve.
Shady Elzarka and his father Mohamed. The Elzarka family has owned Beninni, a men's formalwear store in Hayward, California, for three decades.

A family-run small business in the Bay Area got its PPP loan after Business Insider dug into their case. Tens of thousands are still waiting.

Nearly two months after the Paycheck Protection Program was launched, tens of thousands — if not more — businesses are still waiting to be approved.

Only 10% of 223 fund managers surveyed by Bank of America expect a V-shaped economic recovery

Nearly 70% of surveyed managers view April's stock bounce as a bear market rally, while only 25% view the move as ushering in a new bull market.