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 CEO: We’re Coming Out Of The Depths
Bank Of America CEO: We’re Coming Out Of The Depths
May 28, 2020  |  Economy

Bank of America’s chairman and CEO sees light at the end of the COVID-19 tunnel. Get the Full Story Complete the form to unlock this...

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BoA Experiences Potential PPP Application Data Breach
BoA Experiences Potential PPP Application Data Breach
May 27, 2020  |  Safety and Security

Bank of America notified principal owners of a potential data breach after the bank uploaded the loan applications of some customers to a “limited access,...

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BoA Downgrades Square Over SMB Sector Concerns
BoA Downgrades Square Over SMB Sector Concerns
May 18, 2020  |  SMBs

Bank of America has lowered its rating of Square Inc. by two notches Monday (May 18), downgrading the stock to “underperform” from “buy” amid fears that...

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Investor Concerns Over Credit Losses Pull US Bank Stocks Down
Investor Concerns Over Credit Losses Pull US Bank Stocks Down
May 15, 2020  |  Investments

The U.S. banking industry is the runt of the litter of the current stock market rally as interest rates sink and loans crumble, according to...

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‘Green Shoots’ Or Scorched Earth: What We’ve Learned From Banks And Payment Networks’ Latest Earnings Calls
‘Green Shoots’ Or Scorched Earth: What We’ve Learned From Banks And Payment Networks’ Latest Earnings...
May 04, 2020  |  Banking

Amid the coronavirus pandemic and recessions, the old saying in life might hold true in business, and in particular for firms that rely on consumer...

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Bank Of America CEO: Stimulus Package Is Coming Together
Bank Of America CEO: Stimulus Package Is Coming Together
May 01, 2020  |  Coronavirus

The CEO of Bank of America said the impact of the $2.2 trillion in federal relief is beginning to reap benefits. Get the Full Story...

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The Post-Pandemic SMB Restart, Localized Payments, PPP Audits Top This Week’s News
The Post-Pandemic SMB Restart, Localized Payments, PPP Audits Top This Week’s News
May 01, 2020  |  News

It’s the end of the work week, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments...

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Big Lenders Process Half-Million PPP Loan Applications Totaling $45.8B
Big Lenders Process Half-Million PPP Loan Applications Totaling $45.8B
May 01, 2020  |  Loans

JPMorgan Chase and Bank of America said they processed almost 500,000 applications totaling roughly $46 billion as part of the Paycheck Protection Program intended to...

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Today In Payments: Amazon Trials Video Onboarding For New Merchants; Hospitals Face Cash Crunch
Today In Payments: Amazon Trials Video Onboarding For New Merchants; Hospitals Face Cash Crunch
April 27, 2020  |  News

In today’s top news, Amazon is trialing video onboarding calls to prevent merchant fraud, and hospitals face major financial hardship amid the coronavirus pandemic. Plus,...

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