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.

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EMEA Daily: Ping Express Pleads Guilty to Failing to Maintain Adequate AML Safeguards
EMEA Daily: Ping Express Pleads Guilty to Failing to Maintain Adequate AML Safeguards
July 15, 2022  |  emea

In today’s top news from Europe, the Middle East and Africa (EMEA), Ping Express pleads guilty to anti-money laundering failings, plus Amazon adds new jobs...

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Big Banks Face Big Fines Over Messaging Apps
Big Banks Face Big Fines Over Messaging Apps
July 15, 2022  |  Bank Regulation

Five of America’s biggest investment banks are preparing to pay a combined $1 billion in fines for letting their workers use unauthorized messaging apps. Get...

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Weekly TechREG US: NY Regulator Prohibits Overdraft, NSF Fees; California Probes Crypto Lender Over Withdrawal Suspensions
Weekly TechREG US: NY Regulator Prohibits Overdraft, NSF Fees; California Probes Crypto Lender Over Withdrawal...
July 15, 2022  |  Regulation

This week in TechREG, state regulators have been very active proposing new regulations and taking enforcement actions. California probed several crypto lenders for suspending withdrawals...

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BoA Names Former Prudential Exec James Gill for EMEA Top Post
BoA Names Former Prudential Exec James Gill for EMEA Top Post
July 14, 2022  |  Personnel

Bank of America has promoted James Gill, a former executive for insurance company Prudential, to lead its financial institutions franchise for Europe, the Middle East...

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CFPB Fines Bank of America $100M Over Alleged Unlawful Account Freezing
CFPB Fines Bank of America $100M Over Alleged Unlawful Account Freezing
July 14, 2022  |  CFPB

The Consumer Financial Protection Bureau announced Thursday (July 14) that it has leveled a $100 million fine at Bank of America for allegedly messing up...

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Will This be Year Crypto Gets Mention in Banks’ 10-Ks?
Will This be Year Crypto Gets Mention in Banks’ 10-Ks?
July 11, 2022  |  Cryptocurrency

In the last couple of quarters, major banks haven’t had much to say about cryptocurrencies in their earnings reports or the subsequent analysts’ calls. Get...

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Embracing the New Normal
Embracing the New Normal
July 11, 2022  |  Opinion

Guy Harris, senior VP, head of merchant services at Bank of America, writes in the PYMNTS eBook, “Baseline 2022: What the Next Six Months Holds”...

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Today in Data: Continuing Crypto Struggles
Today in Data: Continuing Crypto Struggles
July 05, 2022  |  Today In Data

Today in data, cryptocurrency markets continue to lose value, while the number of crypto users at one of America’s biggest banks drops by more than...

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Bank of America Has Lost Half of Its Active Crypto Users
Bank of America Has Lost Half of Its Active Crypto Users
June 30, 2022  |  Cryptocurrency

The number of active cryptocurrency users at Bank of America has been cut in half due to the prolonged rout in the market, Bloomberg wrote...

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