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How to use Zelle, the lightning-fast payments app that’s beloved by both users and banks

Zelle is a payments app that lets you send and receive money instantly, without the need for bank transfers.

Uber wanted to IPO with a $120 billion valuation but ran into trouble when some of its biggest shareholders held out for a lower price

Among the issues with Uber's IPO pricing was that many prospective investors already bought shares in private funding rounds, The New York Times says.
Bank of America Merrill Lynch is increasing the minimum wage for its workers.

Bank of America beats, posting record quarter with $7.3 billion in profits

Bank of America reported first-quarter earnings of $7.3 billion — a record for the bank.
Bank of America Merrill Lynch is increasing the minimum wage for its workers.

Bank of America is hiking its minimum wage to $20 an hour — nearly three times the federal minimum

Bank of America is hiking its minimum wage. Employees at the bank will make an hourly wage of at least $17 starting May 1, and $20 within two years.
"Women equality and diversity are key drivers for the global economy, wealth managementand companies' returns," wrote researchers for Bank of America Merrill Lynch.

If we closed the gender gap by 2025, the global economy could see a $28 trillion windfall

Hiring and promoting more women would be a major boost for the economy
Bank of America CEO Brian Moynihan.

Bank of America is dropping the storied Merrill Lynch name from some of its businesses, and it signals the end of an era

Bank of America is taking out the name Merrill Lynch from some of its businesses, including its investment bank and trading units.
Warren Buffett.

Apple’s stock fell after Warren Buffett’s Berkshire Hathaway trimmed its stake

Warren Buffett's firm cut its shareholding in Apple at the end of 2018, a bearish signal amid worries about the tech Goliath's slowing iPhone sales.

This no-fee Bank of America credit card now offers 3% cash back in the category you choose

Bank of America's popular cash-back credit card lets users get 3% back in whatever bonus category they choose, plus 2% back at grocery stores.
Christian Meissner is reportedly in the running for the UBS CEO role.

A former top Bank of America executive is reportedly in the running for UBS CEO role

Ex-investment banking head at Bank of America, Christian Meissner, is reportedly in talks to become CEO at UBS, replacing Sergio Ermotti.

An investment banker’s husband accused of eavesdropping on her discussing a $2.6 billion M&A deal was charged with insider trading by the S...

A manager at an accounting firm is paying more than $500,000 to the SEC to settle charges that he traded on information he overheard from his fiancée.