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 resolved a 2022 OCC consent order regarding pandemic relief lapses and forecasted a 15% increase in second-quarter trading revenue.

Company announcements

June 17 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

Yesterday MSN

Catalyst Watch: Micron earnings, Amazon Prime Day, and stress tests for major banks

Other events include FedEx earnings, durable goods data, and core PCE inflation report.

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