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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As Consumers Take On More Debt, Credit Card Losses Rise
As Consumers Take On More Debt, Credit Card Losses Rise
April 27, 2017  |  Debt

As U.S. consumers become more comfortable with carrying higher levels of debt, the biggest credit card companies reported an increase in chargeoffs in their portfolios...

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Bank Of America Beats Q1 Expectations, CEO Says Economy Healthy
Bank Of America Beats Q1 Expectations, CEO Says Economy Healthy
April 21, 2017  |  Banking

Things are looking far different for Bank of America compared to a few years back. And while the prospect of more interest rate hikes and...

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Daily Data Dive: Investment Wrap Up
Daily Data Dive: Investment Wrap Up
March 31, 2017  |  Daily Data Dive

From startups to blockchain and financial institutions, there has been a myriad of investing related news announced late this week. Here are the numbers: $2 billion...

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Bank Of America Investing $1.5M In Fintech Hub Efforts In Charlotte, NC
Bank Of America Investing $1.5M In Fintech Hub Efforts In Charlotte, NC
March 31, 2017  |  Investments

Bank of America is gearing up to invest $1.5 million in a Charlotte, North Carolina, initiative to build a FinTech hub in the city. According...

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Elevate Gearing Up For $100M IPO In The US
Elevate Gearing Up For $100M IPO In The US
March 31, 2017  |  Investments

Elevate, the subprime lender based in the U.S., is considering launching an initial public offering (IPO) again thanks to the rally in financial stocks since...

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Car Vending Machine Retailer Selects Banks for IPO
Car Vending Machine Retailer Selects Banks for IPO
March 13, 2017  |  IPO

The car buying process is typically not a short and sweet scenario. Usually, it involves visiting several dealerships over the course of a few weeks and...

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Bank Of America Increases Its ACH Payment Service Via CashPro
Bank Of America Increases Its ACH Payment Service Via CashPro
February 03, 2017  |  Payment Methods

Bank of America Merrill Lynch announced Thursday (Feb. 2) that it has substantially increased its international payments capabilities via the bank’s online and file-based banking...

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BofA, Chase Beat Earnings Expectations
BofA, Chase Beat Earnings Expectations
January 16, 2017  |  B2B Payments

Bank of America and JPMorgan Chase both released earnings reports last week that surpassed analysts’ estimates, reports said Friday (Jan. 13). Bank of America posted...

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Bank Earnings Buoyed By Consumer Spend
Bank Earnings Buoyed By Consumer Spend
January 13, 2017  |  Investments

Two hours into the trading day, bank stocks are helping to lift the markets, leaning in part on the trio of big names in the...

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