Bank of America hired 1,000 contractors to patch software flaws exposed by Anthropic’s Mythos, offering a rare look at costs involved in defending against AI.

Bank also had to spent more than a hundred million dollars, but it's confident the spending will decrease in time.

Bank of America Corp. (NYSE: BAC) CEO Brian Moynihan said Wednesday that the bank has brought in a sizable team of third-party specialists to fix software weaknesses uncovered by sophisticated AI ...

Add Yahoo as a preferred source to see more of our stories on Google. Watch Margaret Brennan's full interview with Bank of America CEO Brian Moynihan, a portion of which aired on Dec. 28, 2025. Editor ...

CEO Brian Moynihan told analysts that BofA had hired 1,000 extra staff for what he called "Mythos remediation." ...

Bank of America's AML fine exposes aging compliance systems across banking. Industry experts break down the counterparty ...

Bank of America has reshuffled staff to address issues brought up by regulators after fining the bank $1.21 billion over anti-money laundering compliance failures, the bank said on Wednesday, ...

Brian Moynihan, Bank of America chair and CEO, joins 'Closing Bell' to talk interest rates, the state of the consumer, AI, and more.