Bank of America News & Media

Bank of America to expand branch footprint in 9 markets

June 28, 2023

Bank of America will expand its branch network into nine markets over the next four years. In addition, the bank plans to open 58 branches across 34 markets…

read now

Bank of America commits more than $500M in equity investments

June 21, 2023

Bank of America has committed more than $500 million in equity investments to funds specifically for minorities and women, more than double its initial $20…

read now

Bank of America, Apple execs join Chargebacks911

June 9, 2023

Chargebacks911 and Fi911, a chargeback management technology company, has appointed Guy Harris as chairman and Eric M. Hoffman as president of interbank…

read now

Bank of America Institute finds Americans continue to move to sun belt cities for housing

June 8, 2023

The Bank of America Institute has found domestic migration within the U.S. is following pandemic trends of increasing movement to sun belt cities such as Tampa…

read now

Bank of America awards $3M grant for Obama Foundation in Chicago

May 26, 2023

Bank of America has awarded a $3 million grant to the Obama Foundation to support workforce development and community initiatives, particularly with the…

read now

Bank of America opens branch in Luxembourg

May 15, 2023

Bank of America has opened a branch in Luxembourg which will offer bank account openings along with other products and services. The bank will also provide its…

read now

Bank of America provides Leader on Loan to Liberty Science Center

May 12, 2023

Bank of America is providing a senior technology leader for the Liberty Science Center in Jersey City, New Jersey as part of its Leader on Loan program. Pragna…

read now

Bank of America awards $1M grant to NLBM Museum

May 9, 2023

Bank of America has awarded the Negro Leagues Baseball Museum with a $1 million grant as part of its $25 million campaign to build a 30,000-square-foot…

read now

Bank of America appoints president of Phoenix

April 7, 2023

Bank of America has promoted Scott Vanderpool to president at Bank of America Phoenix, Arizona. He takes over for Benito Almanza who will retire on April …

read now

Thieves destroy Atlanta ATM

April 3, 2023

Police in DeKalb County, a part of the Atlanta, Georgia metropolitan area, recently discovered a destroyed ATM at a Bank of America drive-thru location…

read now

Bank of America appoints presidents of Merrill Wealth Management

March 31, 2023

Bank of America has appointed Lindsay Hans and Eric Schimpf to serve as presidents and co-heads of its subsidiary Merrill Wealth Management. They will report…

read now

Bank of America to be presenting partner of Boston Marathon

March 31, 2023

The Boston Athletic Association has announced Bank of America will be the presenting partner for the Boston Marathon starting in 2024, according to a press…

read now

Bank of America invests in Black founders

March 14, 2023

The Bank of America will invest in the Black Founders Matter Fund, a venture based in Portland, Oregon that focuses on investing in Black-owned businesses…

read now

Bank of America invests $150M into affordable housing

January 30, 2023

Bank of America will invest up to $150 million in equity for more than 3,000 affordable homes for middle-income households. The bank will work with Enterprise…

read now

Florida man arrested for allegedly attacking ATM with hammer

January 20, 2023

A man in Leesburg, Florida, was arrested by police after allegedly using a hammer on a Bank of America ATM. Employees saw him screaming at the ATM to give his…

read now

Bank of America to offer free financial counseling in 17 US markets

December 20, 2022

Bank of America has partnered with Operation Hope to offer free financial counseling in 180 locations in 17 U.S. markets next year. Operation Hope offers…

read now

Bank of America to redeem senior notes

December 12, 2022

Bank of America will redeem all $6 billion principal amount of its 3.004% fixed/floating rate senior notes on Dec. 20, according to a press release.

read now

Banks holding Elon Musk's debt for Twitter deal

November 1, 2022

A few banks, including Morgan Stanley, Bank of America and Barclays, are providing Elon Musk, CEO of Tesla Motors, $13 billion in financing in order to acquire…

read now

Bank of America virtual assistant Erica sees 1B interactions

October 25, 2022

Bank of America is reporting that Erica, it's virtual financial assistant, has seen 1 billion interactions with clients. First launched in 2018, the AI…

read now

Bank of America expands CashPro to support 350+ payment types

October 18, 2022

Bank of America has expanded its CashPro Payment API to allow customers to access more than 350 payment types in 38 global markets, according to a press…

read now