Bank of America Corporation announced today that it will redeem on August 24, 2024, all €1,500,000,000 principal amount outstanding of its Floating Rate Senior Notes, due August 24, 2025 (ISIN: XS2345784057; Common Code: 234578405) (the “Notes”).
FIFA has announced Bank of America as the Official Bank Sponsor for the FIFA World Cup 26™. This marks the first time a financial institution has become a global sponsor in the banking category for FIFA.
Bank of America has been recognized by several influential industry groups and global banking award organizations for its digital leadership. The company, which continues to see record growth in digital engagement among clients, recently received accolades from Euromoney, Global Finance, Celent, The Asian Banker, and others for its commitment to innovation and delivering digital experiences.
Bank of America has been recognized by several influential industry groups and global banking award organizations for its digital leadership. The company continues to see record growth in digital engagement among clients, recently receiving accolades from Euromoney, Global Finance, Celent, The Asian Banker, and others for its commitment to innovation and delivering world-class digital experiences.
Bank of America has reported a significant increase in the adoption and use of its CashPro App for corporate payment approvals. As of mid-2024, corporate payment approvals via the CashPro App have surpassed $500 billion, marking an increase of nearly 40% compared to the same period last year. The app is projected to reach a trillion dollars in payment approvals by the end of 2024.
Today, Merrill Wealth Management and IMG Academy announced a three-year partnership to offer more education and resources around financial awareness to student-athletes and their families. The program aims to provide actionable financial education to IMG Academy student-athletes that can help them throughout their student-athlete journey and in life.
Bank of America celebra dos décadas de ayuda en la preparación de la próxima generación de la fuerza laboral de todo el país para carreras calificadas y de alta demanda a través de su programa filantrópico distintivo, Student Leaders® (#BofAStudentLeaders). Desde su inicio en 2004, el programa ha conectado a estudiantes que cursan el último y penúltimo año de secundaria y que tienen vocación de servicio con pasantías de verano remuneradas de ocho semanas en organizaciones locales sin fines de lucro para que adquieran experiencia laboral y habilidades de liderazgo. Dado que...
Bank of America Corporation announced today that its Board of Directors has declared a regular quarterly cash dividend on Bank of America common stock of $0.26 per share, an increase of $0.02 from the previous quarter. The dividend will be payable on September 27, 2024, to shareholders of record as of September 6, 2024.
Euromoney Magazine has named Bank of America (BofA) the World’s Best Bank for Markets and the World’s Best Bank for Trade Finance. The bank received a total of 19 awards at Euromoney’s Awards for Excellence gala on July 18 in London, an event that recognizes leadership in financial services.
Bank of America reported its second quarter 2024 financial results today. The news release, supplemental filing, and investor presentation can be accessed at Bank of America’s Investor Relations website.
CHARLOTTE, NC – Today, 46% of Gen Zers (ages 18-27) rely on financial assistance from parents and family, according to new research from Bank of America's Better Money Habits® financial education team. Additionally, 52% of those surveyed said they don’t make enough money to live the life they want and cite the cost of living as a top barrier to financial success. Many reported delaying milestones and are not on track to buy a home (50%), save for retirement (46%), or start investing (40%) within the next five years, even though they are working toward those goals.
Bank of America has introduced a new transaction search engine with integrated investigation capabilities on its CashPro platform. This development aims to provide corporate finance departments, treasurers, and CFOs with the same ease and convenience they experience in managing personal finances.
CHARLOTTE, NC – Actualmente, el 46% de la generación Z (entre 18 y 27 años) depende de la ayuda financiera de sus padres y familiares, según un nuevo estudio del equipo de educación financiera de Mejores Hábitos Financieros® de Bank of America. Además, el 52% de los encuestados afirmó que no gana suficiente dinero para vivir la vida que desea y citan el costo de vida como el principal obstáculo para el éxito financiero. Muchos indicaron que están posponiendo metas como comprar una casa (50%), ahorrar para la jubilación (46%) o empezar a invertir (40%) en los próximos cinco años.
Bank of America will report its second-quarter 2024 financial results on Tuesday, July 16. The results will be released at approximately 6:45 a.m. ET, followed by an investor conference call at 8:30 a.m. ET.
Bank of America commented today on the results of the Federal Reserve’s 2024 Comprehensive Capital Analysis and Review (CCAR) and announced plans to increase its quarterly common stock dividend to $0.26 per share beginning in the third quarter of 2024.
High-net-worth individuals believe U.S. stocks offer the best opportunities for growing assets, but that conviction is less held by younger investors, finds the 2024 Bank of America Private Bank Study of Wealthy Americans. Millennials and Gen Z are increasingly looking beyond traditional stock and bond markets to build their wealth and are driving demand for investment real estate, private equity, digital assets, and gold.
Bank of America announced its participation in the Morgan Stanley US Financials, Payments & CRE Conference. The event is scheduled for June 4, 2024.
The Boston Athletic Association (B.A.A.) announced today that the total funds raised through the 2024 Boston Marathon presented by Bank of America reached a record total of $71.9 million.