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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Bank of America Consumer Payments Up 17% in January to $335B
Bank of America Consumer Payments Up 17% in January to $335B
February 07, 2022  |  Consumer Payments

Bank of America’s 67 million consumer clients made $335 billion in total payments in January, up 17% from January 2021 and the second-highest month of...

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Bank of America Says US CBDC ‘Inevitable’
Bank of America Says US CBDC ‘Inevitable’
January 24, 2022  |  CBDC

The Bank of America has said a digital currency for the U.S. is “inevitable,” and might occur sometime between 2025 to 2030, Bloomberg writes. Get...

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‘Record’ Digital Engagement Fuels BoA’s $32B 2021
‘Record’ Digital Engagement Fuels BoA’s $32B 2021
January 19, 2022  |  Earnings

“Record” levels of digital engagement, coupled with an improved economy and organic growth, allowed the Bank of America to end the year on a high...

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BoA Sees Solana Blockchain as ‘Visa of Digital Asset Ecosystem’
BoA Sees Solana Blockchain as ‘Visa of Digital Asset Ecosystem’
January 12, 2022  |  Blockchain

Bank of America believes the Solana blockchain could become the “Visa of the digital asset ecosystem” with its focus on ease of use, scalability and...

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BoA to End NSF Fees, Lower Overdraft Fee to $10
BoA to End NSF Fees, Lower Overdraft Fee to $10
January 11, 2022  |  Banking

Bank of America will be debuting significant changes to its overdraft services, which will include plans to do away with non-sufficient fund (NSF) fees as...

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Big Retailers Raising Wages Faster Than New $15 State Mandates
Big Retailers Raising Wages Faster Than New $15 State Mandates
December 29, 2021  |  Retail

Of the 26 states — and Washington, D.C. — mandating minimum wage raises in 2022, California and New York are the only states that will...

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BoA Debuts Luxury Credit Card With Airline, Lifestyle Credits
BoA Debuts Luxury Credit Card With Airline, Lifestyle Credits
December 14, 2021  |  Credit Cards

Bank of America is debuting a luxury credit card called the Bank of America Premium Rewards Elite card, CNBC reported. Get the Full Story Complete...

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Apple’s Move Into AR/VR Impresses BofA
Apple’s Move Into AR/VR Impresses BofA
December 14, 2021  |  Retail

Apple on Tuesday (Dec. 14) got an upgrade price target boost at Bank of America up from $160 to $210 after the tech giant announced...

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BoA COO Sees Value in Crypto for Banks 
BoA COO Sees Value in Crypto for Banks 
November 05, 2021  |  Cryptocurrency

Bank of America chief operating officer Tom Montag said at a Chainalysis event Thursday (Nov. 4) in New York City that some parts of the...

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