Numerous Citibank customers reported receiving fraud alerts and having difficulty accessing their accounts Wednesday. According to DownDetector.com, which tracks reports of digital services interruptions, hundreds of Citibank users had flagged issues related to their accounts as of midday.

In a report released today, Keith Horowitz from Citi maintained a Buy rating on Bank of America (BAC – Research Report). The company’s shares

Bank of America Corp.’s Chief Executive Brian Moynihan said the bank is seeing “broad momentum” that “sets up 2025 very well” as the financial giant’s outlook for 2025 net interest income topped analyst estimates. The bank also said it’s seeing more confidence in economic growth from clients.

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MLK Day coincides with President-elect Donald Trump's inauguration. Here's what will be open and closed on Monday.

Bank of America said Thursday that it expected to earn between $14.5 billion and $14.6 billion of net interest income—on a fully taxable-equivalent basis—in the first quarter of 2025. The bank said it expected net interest income,