Bank of America has just released its second-quarter financial report, showcasing outstanding growth and strong digital adoption across its platforms. The bank reported net income […]
Tag: Bank of America
Bank of America Ranked No. 1 in U.S. for retail banking advice by J.D. Power
Bank of America has announced that it ranked No. 1 in the U.S. for its retail banking advice in the J.D. Power 2023 U.S Retail […]
Bank of America joins blockchain-powered digital SAF solution for business travel
Leading B2B travel platform New York, NY – American Express Global Business Travel (Amex GBT), and Shell Aviation have announced that Bank of America is […]
Bank of America announces redemption of €2.0 billion of floatinate Senior Notes, due April 25, 2024
Bank of America announces redemption of €2.0 billion of floatinate Senior Notes, due April 25, 2024
Bank of America Corporation Announces CME Term SOFR as Benchmark Replacement Rate for Certain Outstanding USD LIBOR Securities
The Bank of Canada has published the Bank of Canada Oversight Activities for Financial Market Infrastructures 2022 Annual Report. The Report reviews the Bank’s oversight of designated clearing and settlement systems, also known as financial market infrastructures (FMIs).
Bank of America names Lindsay Hans & Eric Schimpf Presidents and Co-Heads of Merrill Wealth Management
Bank of America has announced that Lindsay Hans and Eric Schimpf have been appointed president and co-head of Merrill Wealth Management, reporting to Bank of America Chair and Chief Executive Officer Brian Moynihan.
Over 10 mn BofA clients use Life Plan to pursue financial goals
Bank of America has announced that more than 10 million clients have used Life Plan since its launch in late 2020. Available on the Bank of America mobile app and online banking platform,
Bank of America announces redemption of Senior Notes due April 2024
Bank of America, Citigroup, JPMorgan Chase and Wells Fargo have announced that they are each making a $5 billion uninsured deposit into First Republic Bank. Goldman Sachs and Morgan Stanley are each making an uninsured deposit of $2.5 billion, and BNY Mellon, PNC Bank, State Street, Truist, and U.S. Bank are each making an uninsured deposit of $1 billion, for a total deposit from the eleven banks of $30 billion.
Bank of America, other banks to make $30bn uninsured deposits into First Republic Bank
Bank of America, Citigroup, JPMorgan Chase and Wells Fargo have announced that they are each making a $5 billion uninsured deposit into First Republic Bank. Goldman Sachs and Morgan Stanley are each making an uninsured deposit of $2.5 billion, and BNY Mellon, PNC Bank, State Street, Truist, and U.S. Bank are each making an uninsured deposit of $1 billion, for a total deposit from the eleven banks of $30 billion.
Bank of America, Seneca Women launch marketplace for women entrepreneurs
Bank of Canada has announced the appointment of Nicolas Vincent as the bank’s new external, non-executive Deputy Governor for a term of two years, effective March 13, 2023. Vincent’s appointment fills the vacancy created by the departure of Timothy Lane in September 2022.