NEW YORK — Bank of America earned $6.2 billion in the third quarter on accounting gains and the sale of a stake in a Chinese bank, which offset lower revenue and income in its credit card, real estate and investment ...

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CHARLOTTE, N.C. — Warren Buffett’s Berkshire Hathaway is investing $5 billion in Bank of America, sending its shares soaring by 24 percent. Buffett said Thursday he had called CEO Brian Moynihan to ask about investing because he considered Bank of ...

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NEW YORK — Bank of America Corp. has sent a memo to employees quashing speculation that it is in talks to merge with rival JPMorgan Chase. The bank called the speculation “baseless,” and said it didn’t “make practical sense.” The ...

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NEW YORK — Bank of America Corp., the nation’s largest bank, said Friday that it plans to cut 3,500 jobs by the end of September. The cuts amount to a little more than 1 percent of the bank’s workforce of ...

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NEW YORK — Bank of America on Friday reported a loss of $1.6 billion in the fourth quarter after its costs related to soured home loans increased. The quarter’s results were a clean-up effort by the bank — the largest ...

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