Wealth Units Bank of America’s entire global wealth and investment management operation generated $5.8 billion in revenue in the third quarter of last year, an 8% increase from a year earlier.

Bank of America is bolstering its wealth management team, including tapping Ed Riley as the capital markets head of its Investment Solutions Group. Riley rejoins BofA after six years at Citi Wealth.

Deep-pocketed investors have adopted a bearish approach towards Bank of America BAC, and it's something market players ...

Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our ...

Merrill Lynch is adding more resources to help its advisors serve ultrahigh-net-worth clients, a lucrative demographic for the Bank of America wealth unit.

Bank of America provides a wide range of banking and financial services across several segments, including Consumer Banking, Global Wealth and Investment Management, Global Banking, and Global ...