Bank of America Adds AI Tools to AskGPS, CashPro Platforms

Kaplan Fox & Kilsheimer LLP Alerts Bank of America Corporation (NYSE: BAC) Investors to a Securities Class Action Deadline on December 15, 2026

A securities class action lawsuit has been filed against Bank of America on behalf of investors who purchased stock between August 1, 2025 and October 13, 2026. The lawsuit follows the U.S. Department of the Treasury's announcement of over $1.2 billion in penalties and settlements against Bank of America's subsidiary for violations of Bank Secrecy Act and Anti-Money Laundering laws, including failure to detect and report over $5 billion in suspicious activity. The regulatory settlement reduced the company's Q3 2026 diluted earnings per share by $0.17, and the stock fell 4.8% following the disclosure.

Bank of America Expands Financial Center Network

Bank of America is expanding its physical footprint with new financial centers in Wisconsin, Alabama, and Louisiana as part of a long-term growth strategy.

Bank Of America Opens First Financial Centers In Wisconsin, Sets 2027 Entry Into Alabama & Louisiana; Plans 19 Financial Centers Across Wisconsin Through 2030, Creating Nearly 130 New Jobs; To Open 10 Financial Centers Across Alabama Beginning In Q1 2027 & 8 In Greater New Orleans In H2 2027; Plans To Open About 50 New Financial Centers A Year

Bank of America Participates in $63 Billion Financing for Anthropic

Bank of America is part of a consortium of financial institutions providing $63 billion in financing to support Anthropic's deployment of Broadcom AI chips.

Invesco Q3 Earnings Coming Up: Will AUM Growth Drive Results Higher?

Invesco is set to report Q3 2026 earnings on Oct. 27 with projected earnings growth of 21.3% y/y and revenue growth of 17.3%. While AUM grew 2.7% sequentially to $2.54 trillion and performance fees are expected to rise significantly, higher compensation costs and $15 million in Alpha implementation expenses pose headwinds. The company has a negative Earnings ESP of -0.19% and Zacks Rank #3, suggesting low probability of beating consensus estimates.

Invesco (IVZ) Earnings Expected to Grow: Should You Buy?

Invesco is expected to report Q3 2026 earnings of $0.74 per share (up 21.3% YoY) and revenues of $1.39 billion (up 17.3% YoY) on October 27. However, recent analyst estimate revisions have turned slightly bearish, with a negative Earnings ESP of -0.19% and a Zacks Rank #3 (Hold), making it difficult to predict an earnings beat despite the company's strong historical track record of beating estimates.