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.

Company cover image
Bank of America CEO:  Room To ‘Double’ Its US Retail Segment
Bank of America CEO: Room To ‘Double’ Its US Retail Segment
January 19, 2020  |  Banking

Brian Moynihan, Chief Executive with Bank of America, is not concerned with overwhelming his industry sector — instead, he believes the banking giant can double...

READ MORE >
Bank Of America’s Erica Surpasses 10M User Mark
Bank Of America’s Erica Surpasses 10M User Mark
January 15, 2020  |  Earnings

Zelle peer-to-peer (P2P) payments increased 76 percent year-over-year in the fourth quarter of 2019, Bank of America said on Wednesday (Jan. 15), marking the latest growth surge for...

READ MORE >
Citi’s Global Consumer Banking Sees 5 Pct. Boost YOY
Citi’s Global Consumer Banking Sees 5 Pct. Boost YOY
January 15, 2020  |  Earnings

With increasing sales from its consumer business and formidable fixed-income trading revenues, Citigroup reported quarterly results Tuesday (Jan. 14) that handily came out ahead of analyst...

READ MORE >
Earnings Season To Shine Light On Banks’ Take On The US Consumer
Earnings Season To Shine Light On Banks’ Take On The US Consumer
January 13, 2020  |  Earnings

Like clockwork, earnings season is here. Every three months, Wall Street takes stock (no pun intended) of how companies’ bottom lines are faring and whether top...

READ MORE >
Big Banks Surge Amid Strong Holiday Spending
Big Banks Surge Amid Strong Holiday Spending
December 26, 2019  |  Economy

Some of the largest U.S. banks, like JPMorgan Chase, Bank of America (BoA) and Citigroup, gained as consumers spent during a robust holiday season, according...

READ MORE >
BoA’s Virtual Assistant Exceeds 10M Users; Launches New Features
BoA’s Virtual Assistant Exceeds 10M Users; Launches New Features
December 11, 2019  |  Artificial Intelligence

Bank of America (BoA) is introducing new features for its virtual financial assistant Erica, which has over 10 million users since launching nationwide last year,...

READ MORE >
Report: Early Holiday Sales Up 2.2 Pct. YOY
Report: Early Holiday Sales Up 2.2 Pct. YOY
December 05, 2019  |  Economy

A new report by Bank of America Merrill Lynch Global Research said this holiday shopping season has been the best since 2013, according to a...

READ MORE >
BoA Corporate Client Completed $1.6B Mobile Payment
BoA Corporate Client Completed $1.6B Mobile Payment
November 08, 2019  |  Banking

Bank of America offers its corporate clients a unique perk. They can make payments in the billions of dollars on smartphones using the bank’s CashPro...

READ MORE >
Moving FI, FinTech Partnerships Beyond The Press Release
Moving FI, FinTech Partnerships Beyond The Press Release
November 07, 2019  |  Partnerships / Acquisitions

Big, splashy announcements of freshly-forged partnerships between FinTechs and mainstream payments and financial services players are released by the dozens these days. As for the...

READ MORE >