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Bank of America Profit Climbs as Trading Business Delivers Strong Second-Quarter Performance

Bank of America reported stronger second-quarter earnings after robust trading activity and resilient consumer banking helped offset continued economic uncertainty, underscoring the strength of the banking sector amid volatile global markets. The U.S. banking giant said its quarterly profit increased from a year earlier, with the gains driven largely by higher revenue from equities and […]

Trump's Executive Order Banning Political Debanking

Trump’s Executive Order Banning Political Debanking

The Executive Order titled “Guaranteeing Fair Banking for All Americans,” President Donald Trump has signed an executive order, “Guaranteeing Fair Banking for All Americans,” on August 7, 2025, which actively prohibits financial institutions from denying or restricting access to banking services based on individuals’ or businesses’ political affiliations, religious beliefs, or lawful business activities, a […]