Bank of America Wednesday said two former banking-industry executives would join its board, a sign the bank is beefing up its financial-services expertise.

The new members are Clayton Rose, 54 years old, a Harvard Business School professor and former JP Morgan Chase executive, and Pierre de Weck, 63, a banking executive who has worked at Deutsche Bank, Citigroup and UBS.

Two former banking industry executives will join the bank's board, a sign that it is beefing up its financial services expertise

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Todd replaces Camilla Stowell who left the NatWest-owned wealth in January

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The bank’s economists had predicted tariffs could cause inflation and slow economic growth.

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A pair of executive orders President Trump signed Thursday show how he is beginning to reshape the world of banking and finance.

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The U.K. central bank lowered its key rate for the fifth time in a year as it seeks to balance a pickup in inflation against a cooling jobs market.

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The private-equity firm’s profit rose amid what its executives called the best environment for selling assets in years.

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The bank’s quarterly net result declined but revenue rose 13% compared with a year ago, and it reaffirmed its capital returns plans.

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A weekly call turned into a celebration of heroes as staffers comfort one another through lingering trauma.

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Some fear a decline in the world-leading economic statistics underpinning U.S. markets.

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The U.K. Supreme Court said a commission from a bank to a car dealer isn’t considered a bribe and dealers don’t violate rules by not disclosing this commission to customers.

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The appointment rewards the executive who led the bank back from a scandal involving the creation of millions of fake customer accounts.

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