Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. Its Consumer Banking segment offers traditional and money market savings accounts, certificates of deposit and IRAs, noninterest-and interest-bearing checking accounts, and investment accounts and products; and credit and debit cards, residential mortgages, and home equity loans, as well as direct and indirect loans, such as automotive, recreational vehicle, and consumer personal loans. The company's Global Wealth & Investment Management segment offers investment management, brokerage, banking, and trust and retirement products and services; and wealth management solutions, as well as customized solutions, including specialty asset management services. Its Global Banking segment provides lending products and services, including commercial loans, leases, commitment facilities, trade finance, and commercial real estate and asset-based lending; treasury solutions, such as treasury management, foreign exchange, and short-term investing options and merchant services; working capital management solutions; and debt and equity underwriting and distribution, and merger-related and other advisory services. The company's Global Markets segment offers market-making, financing, securities clearing, settlement, and custody services, as well as risk management products using interest rate, equity, credit, currency and commodity derivatives, foreign exchange, fixed-income, and mortgage-related products. As of April 15, 2021, it served approximately 66 million consumer and small business clients with approximately 4,300 retail financial centers; approximately 17,000 ATMs; and digital banking platforms with approximately 40 million active users. The company was founded in 1784 and is headquartered in Charlotte, North Carolina.
IPO Year:
Exchange: NYSE
Website: bankofamerica.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/8/2024 | $46.00 → $54.00 | Neutral → Buy | Citigroup |
| 9/3/2024 | $45.00 | Hold → Buy | Deutsche Bank |
| 7/9/2024 | $37.00 → $42.00 | Underweight → Neutral | Piper Sandler |
| 7/2/2024 | $48.00 | Neutral → Buy | Seaport Research Partners |
| 6/14/2024 | $37.00 → $46.00 | Mkt Perform → Outperform | Keefe Bruyette |
| 4/19/2024 | $42.00 | Peer Perform → Outperform | Wolfe Research |
| 4/4/2024 | $39.00 → $40.00 | Buy → Neutral | UBS |
| 3/28/2024 | $38.00 → $39.00 | Buy → Hold | HSBC Securities |
| 1/30/2024 | $32.00 → $41.00 | Equal-Weight → Overweight | Morgan Stanley |
| 1/16/2024 | Buy → Hold | Odeon |
Private Bank market executive for Michigan and Minnesota, will also oversee the bank's efforts to grow market share DETROIT, Nov. 20, 2024 /PRNewswire/ -- Bank of America has named Ed Siaje president of Bank of America Detroit. As president and head of the market, he will connect clients, teammates and communities to the full power of the franchise and drive integration across the bank's eight lines of business. He succeeds Matt Elliott, who recently retired from the company. Siaje will also oversee the bank's efforts to grow market share and lead the effort to deploy the bank
News and outlook: In October 2024, Artprice by Artmarket has reached a new milestone with its Intuitive Artmarket® AI and its positive impact on annual recurring revenue growth. PARIS, Nov. 14, 2024 /PRNewswire/ -- In mid-October 2024, Artprice by Artmarket began providing data trained by its proprietary artificial intelligence (Intuitive Artmarket®) to its high-end subscribers. Rather than imposing on its 9.3 million customers and members a radical transformation of its databases, which have been the reference in the art world for 27 years, Artprice by Artmarket has judiciously decided to gradually inject proprietary data from its AI into its Artprice databases, without it being specified
A recalibrating auction market, an increasingly global ecosystem and evolving wealth management strategies present opportunities and challenges NEW YORK, Nov. 12, 2024 /PRNewswire/ -- Newly released Bank of America art market update finds that lower auction estimates, discounts at galleries and the recent interest rate cuts are driving increased participation among collectors heading into marquee events, including the New York fall auctions and Art Basel Miami. The anticipated favorable buying conditions come on the heels of lower-than-expected art sales in the secondary market during the first half of the year – with auction prices coming in only 1% above their aggregated mid-estimates, the
SPOKANE, Wash. and BOISE, Idaho, Oct. 24, 2024 /PRNewswire/ -- Bank of America has named Lauren Murray president of Bank of America Spokane/Boise. As president and head of the market, Murray will connect clients, teammates and communities to the full power of the franchise and drive integration across the bank's eight lines of business. She succeeds Kurt Walsdorf, who recently retired after 40 years of service to the company. Murray will also oversee the bank's efforts to grow market and lead the effort to deploy the bank's resources to help advance economic mobility and build
Company's patent portfolio includes nearly 1,100 AI and machine learning patents CHARLOTTE, N.C. and LONDON and HONG KONG, Oct. 23, 2024 /PRNewswire/ -- Bank of America is dedicated to the use of innovative technology to best meet the needs of its clients and employees. This commitment to innovation has led to a 94% increase in artificial intelligence (AI) and machine learning (ML) granted patents and pending patent applications since 2022. Today, the company has nearly 1,100 AI and ML patents and pending applications in its portfolio, with more than half having already been granted. Overall, the bank holds nearly 7,000 granted patents and pending patent applications, and the most granted p
Growth Surge Driven by CashPro® API Network and CashPro Developer Studio NEW YORK and SINGAPORE and LONDON, Oct. 22, 2024 /PRNewswire/ -- The demand for real time data and transaction processing is driving a record number of Bank of America business clients to adopt Application Programming Interfaces (APIs). Over the last 12 months, Bank of America has seen a 51% increase1 in clients using APIs, with growth driven by innovations that have simplified onboarding and accelerated speed to transact. "CFOs face enormous pressure to know their exposure and cash position at any given
Consumer and Small Business Cardholders Automatically Earn Extra Cash Back, Miles or Points as They Prep for the Holiday Season CHARLOTTE, N.C., Oct. 22, 2024 /PRNewswire/ -- Bank of America announced the return of its highly anticipated More Rewards Day, taking place on Thursday, November 7, 2024. Now in its third year, this annual event offers a unique opportunity for Consumer and Small Business credit cardholders to earn extra rewards on their purchases, just in time for the holiday season. Last year, participants earned more than $26 million in additional rewards during More Rewards Day.
Extension Follows Growth In Cross-Border PaymentsCompany Named World's Best Bank for FX Payments NEW YORK and SINGAPORE and LONDON, Oct. 20, 2024 /PRNewswire/ -- Bank of America is simplifying the management of foreign exchange (FX) risk associated with cross-currency payments and receipts with the introduction of Guaranteed FX Rates of up to 1-year1, the longest tenor available in the industry today. Using this strategic solution can help companies mitigate exposure to currency fluctuations and simplify treasury management processes such as forecasting and reconciliation. "When FX risk is managed appropriately and efficiently, it can bring enormous value to co
CHARLOTTE, N.C., Oct. 18, 2024 /PRNewswire/ -- Bank of America Corporation today announced the Board of Directors has authorized regular cash dividends on the outstanding shares or depositary shares of the following series of preferred stock: Series of Preferred Stock Dividend per Share or Depositary Share1 Record Date Payment Date Floating Rate Non-Cumulative Preferred Stock, Series E $0.36606 October 31 November 15 Floating Rate Non-Cumulative Preferred Stock, Series F $1,417.64097 November 29 December 16 Adjustable Rate Non-CumulativePreferred Stock, Series G $1,417.64097
CHARLOTTE, N.C., Oct. 16, 2024 /PRNewswire/ -- Bank of America Corporation today announced the Board of Directors declared a regular quarterly cash dividend on Bank of America common stock of $0.26 per share, payable on December 27, 2024 to shareholders of record as of December 6, 2024. The Board also declared a regular quarterly cash dividend of $1.75 per share on the 7% Cumulative Redeemable Preferred Stock, Series B. The dividend is payable on January 24, 2025 to shareholders of record as of January 10, 2025. Bank of America Bank of America is one of the world's leading fin
A recalibrating auction market, an increasingly global ecosystem and evolving wealth management strategies present opportunities and challenges NEW YORK, Nov. 12, 2024 /PRNewswire/ -- Newly released Bank of America art market update finds that lower auction estimates, discounts at galleries and the recent interest rate cuts are driving increased participation among collectors heading into marquee events, including the New York fall auctions and Art Basel Miami. The anticipated favorable buying conditions come on the heels of lower-than-expected art sales in the secondary market during the first half of the year – with auction prices coming in only 1% above their aggregated mid-estimates, the
SPOKANE, Wash. and BOISE, Idaho, Oct. 24, 2024 /PRNewswire/ -- Bank of America has named Lauren Murray president of Bank of America Spokane/Boise. As president and head of the market, Murray will connect clients, teammates and communities to the full power of the franchise and drive integration across the bank's eight lines of business. She succeeds Kurt Walsdorf, who recently retired after 40 years of service to the company. Murray will also oversee the bank's efforts to grow market and lead the effort to deploy the bank's resources to help advance economic mobility and build
Company's patent portfolio includes nearly 1,100 AI and machine learning patents CHARLOTTE, N.C. and LONDON and HONG KONG, Oct. 23, 2024 /PRNewswire/ -- Bank of America is dedicated to the use of innovative technology to best meet the needs of its clients and employees. This commitment to innovation has led to a 94% increase in artificial intelligence (AI) and machine learning (ML) granted patents and pending patent applications since 2022. Today, the company has nearly 1,100 AI and ML patents and pending applications in its portfolio, with more than half having already been granted. Overall, the bank holds nearly 7,000 granted patents and pending patent applications, and the most granted p
Growth Surge Driven by CashPro® API Network and CashPro Developer Studio NEW YORK and SINGAPORE and LONDON, Oct. 22, 2024 /PRNewswire/ -- The demand for real time data and transaction processing is driving a record number of Bank of America business clients to adopt Application Programming Interfaces (APIs). Over the last 12 months, Bank of America has seen a 51% increase1 in clients using APIs, with growth driven by innovations that have simplified onboarding and accelerated speed to transact. "CFOs face enormous pressure to know their exposure and cash position at any given
Consumer and Small Business Cardholders Automatically Earn Extra Cash Back, Miles or Points as They Prep for the Holiday Season CHARLOTTE, N.C., Oct. 22, 2024 /PRNewswire/ -- Bank of America announced the return of its highly anticipated More Rewards Day, taking place on Thursday, November 7, 2024. Now in its third year, this annual event offers a unique opportunity for Consumer and Small Business credit cardholders to earn extra rewards on their purchases, just in time for the holiday season. Last year, participants earned more than $26 million in additional rewards during More Rewards Day.
Extension Follows Growth In Cross-Border PaymentsCompany Named World's Best Bank for FX Payments NEW YORK and SINGAPORE and LONDON, Oct. 20, 2024 /PRNewswire/ -- Bank of America is simplifying the management of foreign exchange (FX) risk associated with cross-currency payments and receipts with the introduction of Guaranteed FX Rates of up to 1-year1, the longest tenor available in the industry today. Using this strategic solution can help companies mitigate exposure to currency fluctuations and simplify treasury management processes such as forecasting and reconciliation. "When FX risk is managed appropriately and efficiently, it can bring enormous value to co
CHARLOTTE, N.C., Oct. 18, 2024 /PRNewswire/ -- Bank of America Corporation today announced the Board of Directors has authorized regular cash dividends on the outstanding shares or depositary shares of the following series of preferred stock: Series of Preferred Stock Dividend per Share or Depositary Share1 Record Date Payment Date Floating Rate Non-Cumulative Preferred Stock, Series E $0.36606 October 31 November 15 Floating Rate Non-Cumulative Preferred Stock, Series F $1,417.64097 November 29 December 16 Adjustable Rate Non-CumulativePreferred Stock, Series G $1,417.64097
CHARLOTTE, N.C., Oct. 16, 2024 /PRNewswire/ -- Bank of America Corporation today announced the Board of Directors declared a regular quarterly cash dividend on Bank of America common stock of $0.26 per share, payable on December 27, 2024 to shareholders of record as of December 6, 2024. The Board also declared a regular quarterly cash dividend of $1.75 per share on the 7% Cumulative Redeemable Preferred Stock, Series B. The dividend is payable on January 24, 2025 to shareholders of record as of January 10, 2025. Bank of America Bank of America is one of the world's leading fin
CHARLOTTE, N.C., Oct. 15, 2024 /PRNewswire/ -- Bank of America reported its third quarter 2024 financial results today. The news release, supplemental filing and investor presentation can be accessed at Bank of America's Investor Relations website at https://investor.bankofamerica.com/quarterly-earnings. Investor Conference Call information Chief Executive Officer Brian Moynihan and Chief Financial Officer Alastair Borthwick will discuss the financial results in an investor conference call at 8:30 a.m. ET today. For a listen-only connection to the conference call, dial 1.877.2
Majority of women and minority business owners surveyed plan to expand their businesses over the next 12 months CHARLOTTE, N.C., Oct. 9, 2024 /PRNewswire/ -- Nearly four out of five (78%) small and mid-sized business owners anticipate revenue growth in the next 12 months. This level of confidence spans most business owners, with 76% of women, 82% of Hispanic-Latino, 84% of Black/African American and 83% of Asian American and Pacific Islander (AAPI) entrepreneurs anticipating revenue growth in the year ahead. This is according to the 2024 Bank of America Women & Minority Busine
SC 13D/A - BANK OF AMERICA CORP /DE/ (0000070858) (Filed by)
SC 13D/A - BANK OF AMERICA CORP /DE/ (0000070858) (Filed by)
SC 13D/A - BANK OF AMERICA CORP /DE/ (0000070858) (Filed by)
SC 13G/A - BANK OF AMERICA CORP /DE/ (0000070858) (Filed by)
SC 13G/A - BANK OF AMERICA CORP /DE/ (0000070858) (Subject)
SC 13D/A - BANK OF AMERICA CORP /DE/ (0000070858) (Filed by)
SC 13G/A - BANK OF AMERICA CORP /DE/ (0000070858) (Filed by)
SC 13G/A - BANK OF AMERICA CORP /DE/ (0000070858) (Subject)
SC 13D - BANK OF AMERICA CORP /DE/ (0000070858) (Filed by)
SC 13D/A - BANK OF AMERICA CORP /DE/ (0000070858) (Filed by)
The Nasdaq 100 closed lower by more than 700 points during Wednesday's session. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company's prospects or that they view the stock as being overpriced. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision. Below is a look at a few recent notable insider sales. For more, check out Benzinga’s insider transactions platform. Bank of America The Trade: Bank of America Corporation (NYSE:BAC) President and CEO Jen Hsun Huang sold a
Bank of America Corporation (NYSE:BAC) shares are trading higher today after the company authorized share buybacks. The Board authorized a $25 billion stock repurchase program starting August 1, 2024, replacing the existing program set to expire on that date. As of June 30, 2024, the current program had $6.7 billion in repurchases left. As announced earlier, the bank had raised the quarterly cash dividend to $0.26 per share, up $0.02 from the previous quarter. The dividend will be paid on September 27 to shareholders of record as of September 6. Related: US Banks Bump Up Dividends Following Fed’s Successful Stress Test The company’s Board also declared a regular quarterly cash
Deep-pocketed investors have adopted a bearish approach towards Bank of America (NYSE:BAC), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in BAC usually suggests something big is about to happen. We gleaned this information from our observations today when Benzinga's options scanner highlighted 22 extraordinary options activities for Bank of America. This level of activity is out of the ordinary. The general mood among these heavyweight investors is divided, with 45% leaning bullish and 50% bearish. Among these notable opt
The Nasdaq 100 closed lower by over 180 points during Friday's session. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company's prospects or that they view the stock as being overpriced. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision. Below is a look at a few recent notable insider sales. For more, check out Benzinga’s insider transactions platform. Bank of America The Trade: Bank of America Corporation (NYSE:BAC) CEO Sundar Pichai sold a total of 33,890,927 sh
About 14% of the S&P 500 companies have reported their June quarter earnings and the blended earnings growth rate for the companies constituting the broader index remains healthy. The coming week will see the official start of the tech reporting season, which could potentially decide the fate of the market, which has seen a steep pullback in the recent week. The Week That Was: The tech earnings season had a modest start last week with the earnings report from chip-equipment maker ASML Holding N.V. (NASDAQ:ASML). The stock slumped about 16%, dragged by its weak third-quarter outlook and geopolitical concerns surrounding the China chip ban. Netflix, Inc.’s (NASDAQ:NFLX) guidance disappointe
Warren Buffett's Berkshire Hathaway (NYSE:BRK) (NYSE:BRK) has offloaded approximately 33.9 million shares of Bank of America (NYSE:BAC), equivalent to around $1.48 billion, as per a regulatory filing with the U.S. Securities and Exchange Commission (SEC.) What Happened: The transactions were executed this week, bringing down Berkshire Hathaway’s ownership to about 999 million BofA shares. The Charlotte, North Carolina-based bank lists Berkshire as one of its biggest shareholders. Berkshire, under the leadership of Buffett, holds a diverse portfolio of bank investments, encompassing stakes in Wells Fargo & Co (NYSE:WFC) and JPMorgan Chase (NYSE:JPM). The conglomerate first invested i
With Visa Inc (NYSE:V) and Mastercard Inc (NYSE:MA) set to report their quarterly earnings later this month, Wall Street is keenly observing the performance of these payment giants. Visa reports Q2 earnings on July 23 and Mastercard reports on July 31. Both stock are down about 5% over the past three months. Despite the recent downturn in their stock prices, JPMorgan analyst Tien-tsin Huang remains optimistic about their future, anticipating underlying stability and potential growth. Visa, Mastercard’s ‘Concerns Reasonable’, Says Analyst Huang emphasizes that both Visa and Mastercard have faced a challenging operating environment over the past year. “We find these concerns reaso
Financial giants have made a conspicuous bullish move on Bank of America. Our analysis of options history for Bank of America (NYSE:BAC) revealed 9 unusual trades. Delving into the details, we found 77% of traders were bullish, while 22% showed bearish tendencies. Out of all the trades we spotted, 4 were puts, with a value of $227,098, and 5 were calls, valued at $367,155. Projected Price Targets Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $39.0 to $47.0 for Bank of America over the recent three months. Volume & Open Interest Development Assessing the volume and open interest is a strategic step in options trading
This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. Here's the list of options activity happening in today's session: Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume BAC CALL SWEEP BEARISH 07/19/24 $42.00 $49.2K 23.3K 2.0K COIN CALL TRADE BEARISH 08/16/24 $250.00 $36
FWP - BANK OF AMERICA CORP /DE/ (0000070858) (Subject)
FWP - BANK OF AMERICA CORP /DE/ (0000070858) (Subject)
FWP - BANK OF AMERICA CORP /DE/ (0000070858) (Subject)
FWP - BANK OF AMERICA CORP /DE/ (0000070858) (Subject)
FWP - BANK OF AMERICA CORP /DE/ (0000070858) (Subject)
FWP - BANK OF AMERICA CORP /DE/ (0000070858) (Subject)
13F-HR - BANK OF AMERICA CORP /DE/ (0000070858) (Filer)
FWP - BANK OF AMERICA CORP /DE/ (0000070858) (Subject)
FWP - BANK OF AMERICA CORP /DE/ (0000070858) (Subject)
FWP - BANK OF AMERICA CORP /DE/ (0000070858) (Subject)
4 - BANK OF AMERICA CORP /DE/ (0000070858) (Issuer)
4 - BANK OF AMERICA CORP /DE/ (0000070858) (Issuer)
4 - BANK OF AMERICA CORP /DE/ (0000070858) (Issuer)
4 - BANK OF AMERICA CORP /DE/ (0000070858) (Issuer)
4 - BANK OF AMERICA CORP /DE/ (0000070858) (Reporting)
4 - BANK OF AMERICA CORP /DE/ (0000070858) (Issuer)
4 - BANK OF AMERICA CORP /DE/ (0000070858) (Issuer)
4 - BANK OF AMERICA CORP /DE/ (0000070858) (Reporting)
3 - BANK OF AMERICA CORP /DE/ (0000070858) (Reporting)
4 - BANK OF AMERICA CORP /DE/ (0000070858) (Issuer)
Citigroup upgraded Bank of America from Neutral to Buy and set a new price target of $54.00 from $46.00 previously
Deutsche Bank upgraded Bank of America from Hold to Buy and set a new price target of $45.00
Piper Sandler upgraded Bank of America from Underweight to Neutral and set a new price target of $42.00 from $37.00 previously
Seaport Research Partners upgraded Bank of America from Neutral to Buy and set a new price target of $48.00
Keefe Bruyette upgraded Bank of America from Mkt Perform to Outperform and set a new price target of $46.00 from $37.00 previously
Wolfe Research upgraded Bank of America from Peer Perform to Outperform and set a new price target of $42.00
UBS downgraded Bank of America from Buy to Neutral and set a new price target of $40.00 from $39.00 previously
HSBC Securities downgraded Bank of America from Buy to Hold and set a new price target of $39.00 from $38.00 previously
Morgan Stanley upgraded Bank of America from Equal-Weight to Overweight and set a new price target of $41.00 from $32.00 previously
Odeon downgraded Bank of America from Buy to Hold
4 - BANK OF AMERICA CORP /DE/ (0000070858) (Issuer)
CHICAGO, Oct. 3, 2024 /PRNewswire/ -- Today the teams behind Chicago's premier racing portfolio announced registration information for the events that will make up the third annual Bank of America Chicago Distance Series. The Distance Series connects the Bank of America Chicago Marathon, Chicago 13.1 and Shamrock Shuffle 8K Run in a unique challenge that rewards participants who finish all three events in 2025 with an exclusive medal and guaranteed entry to the 2026 Chicago Marathon. Individuals interested in participating are encouraged to get their names in early to ensure they can take part in the series. Registration for the Chicago 13.1 and Shamrock Shuffle launches today with special d
NEW YORK and SAN FRANCISCO, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Nasdaq Private Market (NPM), a leading provider of secondary liquidity solutions to private companies, employees, and investors, announced today that it has added Bank of America as an investor. NPM's existing investor consortium of premier global financial institutions has helped drive the company's success since its spinout from Nasdaq in 2021. This announcement comes following the January 2024 closing of the company's $62.4 million Series B financing round led by Nasdaq with participation from Allen & Company, Citi, and Goldman Sachs, and with new investments from BNP Paribas, DRW Venture Capital, UBS, and Wells Fargo. NPM p
Starboard Value LP (together with its affiliates, "Starboard" or "we") is the largest shareholder of Algonquin Power & Utilities Corp. (NYSE:AQN) (TSE: AQN) ("Algonquin" or the "Company") with an ownership stake of approximately 9.0%. Today, Starboard announced that it has nominated three highly qualified candidates (the "Starboard Nominees") for election to the Company's Board of Directors (the "Board") at the 2024 Annual General Meeting of Shareholders (the "Annual Meeting"), which has been scheduled for June 4, 2024. The Starboard Nominees are Brett Carter, Chris Lopez and Rob Schriesheim. In connection with its nominations, Starboard sent the below letter to the members of the Board.
CHARLOTTE, N.C., April 26, 2022 /PRNewswire/ -- The 14 board of director nominees were elected, with at least 92 percent of the vote cast in favor of each. An advisory proposal on executive compensation was approved, with more than 94 percent of the vote cast in favor. Management proposals to ratify the appointment of the company's independent accounting firm and to ratify the adoption of the Delaware exclusive forum provision in the company's bylaws were also approved. No stockholder proposals were approved. Results are considered preliminary, with final figures reported on a
Boland brings extensive expertise in consumer-focused, digitally enabled businesses to home services company Frontdoor, Inc. (NASDAQ:FTDR), the nation's leading provider of home service plans, announced today that it has expanded its board of directors to nine on October 21, 2021 and named D. Steve Boland to its board of directors effective immediately. Boland will also serve on the nominating and corporate governance committee. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211022005104/en/Frontdoor names banking executive D. Steve Boland to its board of directors (Photo: Business Wire) Boland currently serves as chief administ
Bank of America today announced the retirement of Anne Finucane, Vice Chairman, and Thomas Montag, Chief Operating Officer and president of Global Banking and Markets, after many years of distinguished service. Both executives are members of the company's executive management team and report to Chairman and Chief Executive Officer Brian Moynihan. Finucane and Montag will remain in their roles until the end of 2021. Succession plans will be announced in the coming weeks. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210826005646/en/Anne Finucane, Vice Chairman (Photo: Business Wire) Finucane and Montag have been instrumental in B
LONDON and NEW YORK, April 19, 2021 /PRNewswire/ -- DirectBooks™, the capital markets consortium founded to optimize global financing markets, today announced the launch of Euro and Sterling Investment Grade deal announcements on the DirectBooks platform. The DirectBooks platform launched in Q4 2020 with deal announcement functionality for U.S. Dollar Investment Grade issuances globally, with a common set of structured deal data and document access for institutional investors. As part of its European expansion, DirectBooks also announced the appointment of Duncan Phillips as
CHARLOTTE, N.C.--(BUSINESS WIRE)--Bank of America Corporation today announced the Board of Directors has authorized regular cash dividends on the outstanding shares or depositary shares of the following series of preferred stock: Series of Preferred Stock Dividend per Share or Depositary Share1 Record Date Payment Date Floating Rate Non-Cumulative, Series E $0.25556 January 29 February 16 Floating Rate Non-Cumulative, Series F $1,000.00000 February 26 March 15 Adjustable Rate Non-Cumulative, Series G $1,000.00000 February 26 March 15 Fixed-to-Floating Rate Non-Cu