Latest Bank of America News & Updates

See the latest news and media coverage for BofA. We track all announcements, press releases, and industry mentions in real time, all in one place.

Bank of America (BofA)

Multinational bank and financial services company

bankofamerica.com

Headquarters: Charlotte, United States
Company type: Public company
Number of employees: 200,000+

Last updated Today

Latest news about Bank of America (BofA)

In short: BofA projected a 15% surge in trading revenue and exceeded profit goals while navigating legal challenges and expanding its digital payment services.

Company announcements

Yesterday BofA

BofA study finds longevity and wealth transfer complicate family finances

Over 90% of wealthy respondents cite longevity as key, business inheritance doubles to 23%, and UHNW investors favor private markets.

June 4 BofA

BofA names Chip McLeod Upstate South Carolina president

He succeeds Stacy Brandon, who retired after 39 years. McLeod will lead efforts to grow market share in five counties.

May 27 BofA

BofA's Boston Marathon charity program raised a record $57.3 million

The funds benefit 193 nonprofits, surpassing the previous record by 13.7%.

May 20 BofA

BofA goes live on CLS cross currency swaps service

It reduces settlement risk and improves efficiency via PvP settlement, joining other global banks using the platform.

Media coverage

June 14 Seeking Alpha

Knicks win adds to the market top zeitgeist - BofA

BofA’s Michael Hartnett warns of a late-cycle market top as bullish positioning, profits and Fed policy stretch.

June 10 Yahoo Finance

Inside Bank of America's Stock Market Warning: Everyone Missed This Crypto Link

The BofA stock market warning has 7 of 10 bear market triggers flashing. One crypto gauge fired first. All eyes on the 7,100 line.

June 10 Forbes

Prosecutors Investigate Alleged ’Debanking’ At Big Banks—Including JP Morgan, Bank of America, Report Says

U.S. Attorney Jeanine Pirro reportedly sent subpoenas to JPMorgan and Bank of America on Wednesday.

June 9 Law360

BofA Says Fraud Findings Doom Calif. Benefit Card Classes - Law360 UK

Bank of America is asking that several classes of unemployment benefit cardholders be decertified in multidistrict litigation over its handling of California unemployment benefit cards...

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