Bank of America

Bank of America, we have a clear purpose to help make financial lives better through the power of every connection. We fulfill this purpose through our commitment to responsible growth, which includes a focus on environmental, social and governance (ESG) leadership. Integrated across our eight lines of business — our ESG focus reflects our values, ensures we are holding ourselves accountable, presents tremendous business opportunity, and allows us to create shared success with our clients and communities.

Bank of America

BofA’s Merrill Lynch Settling Cash Sweep Suit for $39 Million

BofA’s Merrill Lynch Settling Cash Sweep Suit for $39 Million
BofA’s Merrill Lynch Settling Cash Sweep Suit for $39 Million
October 01, 2026  |  Legal & Regulation

Merrill Lynch has reportedly agreed to settle a lawsuit accusing it of underpaying brokerage customers. The Bank of America-owned brokerage will pay $39 million in the settlement,...

READ MORE >
Bank of America Launches Cross-Border Real-Time Payments Solution
Bank of America Launches Cross-Border Real-Time Payments Solution
September 29, 2026  |  Real-Time Payments

Bank of America’s Cross-Border Real-Time Payments solution has completed its first transaction, the bank said in a Tuesday (Sept. 29) press release emailed to PYMNTS....

READ MORE >
BofA Debuts Intelligence Tools for CashPro Clients
BofA Debuts Intelligence Tools for CashPro Clients
September 28, 2026  |  Banking

Bank of America has introduced two new intelligence capabilities for customers using its CashPro tool and its Global Payments Solutions (GPS) employees. The banking giant...

READ MORE >
Bank of America Expands Apprenticeship Programs With 1,000 Additional Hires
Bank of America Expands Apprenticeship Programs With 1,000 Additional Hires
September 24, 2026  |  Banking

Bank of America plans to hire 1,000 additional apprentices over the next two years, together with the more than 800 it already hires each year,...

READ MORE >
Banks Say Consumers Unsure AI Agents Are on Their Side
Banks Say Consumers Unsure AI Agents Are on Their Side
September 22, 2026  |  Artificial Intelligence

A group of global banks has issued a warning about safety risks tied to agentic commerce. That warning came as part of a set of...

READ MORE >
Bank of America Bankrolls AI Ventures After Initial Skepticism
Bank of America Bankrolls AI Ventures After Initial Skepticism
September 21, 2026  |  Artificial Intelligence

Bank of America is ramping up investments in artificial intelligence ventures after initially being skeptical of the industry’s prospects, Bloomberg reported Monday (Sept. 21). Until...

READ MORE >
European Companies Shift Treasury to Mobile With Bank of America CashPro
European Companies Shift Treasury to Mobile With Bank of America CashPro
September 17, 2026  |  Mobile Payments

Bank of America’s digital platform for treasury tasks, CashPro App, was used by European companies to approve more than 100 billion euros (about $115 billion)...

READ MORE >
Bank of America Says APAC Redefines Cross-Border Money Movement
Bank of America Says APAC Redefines Cross-Border Money Movement
August 31, 2026  |  Cross-border Payments

Watch more: Need to Know With Bank of America’s Narendra Kumar Parhi Cross-border payments in Asia-Pacific are being pulled toward the speed of the region’s...

READ MORE >