Bank of America News

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How will the decline in #CryptoCurrencies impact the American consumer? In our latest publication, we examine that question along with the collapse of certain #stablecoins.
Women lead unique life journeys, and in a recent report we explored how this impacts their financial well-being. We've found that while nearly half of women feel confident about their finances, only 28% feel empowered to take action on them. Read more:
CEO Brian Moynihan was among a group of global CEOs calling on G7 leaders to shape policies that will help channel private sector capital toward sustainable outcomes. Read the op-ed: @TheSMI
Economic activity is moderating from its earlier blistering pace and COVID poses a low #EconomicRisk.
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We’re announcing the availability of exclusive travel experiences for clients through Indagare. Learn more about this relationship which offers access to unforgettable locations, as well as unique virtual experiences:
Together with @ConstellationEG and @DoralEnergy, we’re building on our commitment to #netzero, and will soon power approximately 17% of our global electricity consumption in 3 states with #renewableenergy.
Mary Obasi, Global Climate Risk Executive, is one of our many out-at-work teammates who brings her #BofAPride to the work she does every day. Listen to her experience of coming out and how it has transformed the way she collaborates with colleagues. #PrideMonth
In an important #Juneteenth conversation with Axios, our teammate Vonshe Jenkins discussed our work to build and expand opportunities for Black communities. Watch the full conversation below.…
#Inflation is affecting #consumers in different ways with little sign of stopping. Our latest publication takes a deep look into which income groups are getting hit the hardest, and why.
Since launching in October, we're expanding the Bank of America Access to Capital Directory with @SenecaWomen. Recognizing that entrepreneurs of color often have greater challenges sourcing capital, we've compiled a directory of funding opportunities for Black entrepreneurs.
Today, we’re honoring #Juneteenth as an opportunity to reflect on history and freedom.
Our vision: 100 acres of leafy greens under glass by 2026. Today, we're closer to achieving that goal and transforming the way millions of Americans eat and enjoy lettuce thanks to a $300 million capital raise led by @tpg's The Rise Fund and supported by @BankofAmerica.
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Energy access in Africa gets a boost today from ARCH, @BankofAmerica & @Microsoft’s Climate Innovation Fund with $25 million in new funding commitments to finance solar-powered mini-grids. #renewableenergy #SDG7 Announcement:…
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Our data shows U.S. consumers are spending more at brick & mortar #retail outside the U.S. See what impact that could have going forward. #consumerspending
Access to health care is critical to building strong communities. With our $40 million commitment to finance the expansion of community health care and other primary care facilities through nonprofit #CDFIs, we're bringing health front and center:
We’re excited to sponsor the #EmbraceAmbition summit and look forward to President of Small Business, @_sharonmiller, joining today to talk about how we’re committed to investing in women and helping female entrepreneurs gain access to capital.…
Chief D&I & Talent Acquisition Officer, @CynthiaHBowman, knows that our teammates are what make our company strong. Amid the shifting landscape of human capital in 2022, she shares her insight on what’s ahead on the @DeloitteUS #CapitalH Podcast.
Last night, The Met was transformed for our annual Spring Gala, which supports our mission and programming. ✨ Thank you to this year's honoree Brian Moynihan, Chair of the Board and Chief Executive Officer of @BankofAmerica, for your tremendous support of cultural institutions.
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Our 2022 #ArtConservationProject will fund 19 major art restoration projects across the globe 🌎 representing an array of artistry and cultural traditions. These grants allow future generations to enjoy historic works of art for years to come. Learn
We’ve been pioneering LGBTQ+ inclusion for over 20 years, but it is always rewarding to see @BofA_News ranked among the top companies for LGBTQ+ employee experience – this time via @Glassdoor. #BofAPride…
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Brian Moynihan, SMI Co-Chair and CEO of @BankofAmerica, joined HRH The Prince of Wales and 150 global CEOs at St James's Palace. "As Bank of America, we're part of the SMI because it's a group of CEOs committed to take action. It's not a think tank, it's a do tank." #TerraCarta
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#DYK – the world’s oceans are home to more than 700K marine species? This #WorldOceanDay, we’re committed to working alongside partners like @OurOcean to keep that home healthy, safe, and thriving for little ones like this. 🌊🦦wtb
Congratulations to the 2022 World Citizen Award recipient Brian Moynihan, CEO of @BankofAmerica. Brian is honored tonight for his leadership, business acumen, and community stewardship in Charlotte and globally. #wcad2022
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As an inventor, Senior Technology Executive Cameron Wadley doesn’t just think of himself as an employee – he also wears a consumer hat. Here, Cameron shares how he uses his own experiences to draw inspiration during the innovation process.
Leaders like Nikki Katz deserve recognition for their many contributions – to our business & the #tech industry broadly. Her leadership, creativity, & passion for innovation and support for her community all make her standout. #BofAPride…
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"The challenges that minority and women entrepreneurs face, especially when it comes to securing capital to start or grow their businesses, are steep and universal." Read @BankofAmerica's $350M plan to support under-represented entrepreneurs #TheForumFile…
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Despite #inflation challenging household purchasing power, our data shows continued growth in #consumerspending. We explore this and more in our latest report.
We ALL have a part to play in addressing climate change. The time to build a more #sustainablefuture is now. #WorldEnvironmentDay #OnlyOneEarth
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With 350,000+ teammates, @Deloitte is empowering sustainability. Global Sustainability & Climate Practice Leader, @jsteinmann, was at #WEF22 sharing how her company educates colleagues on social and environmental opportunities, as well as internal and external commitments.
.@DAthanasia, Executive Sponsor of our LGBTQ+ Executive Council, shares his take on why it’s important we support our LGBTQ+ community and create a workplace where everyone can be their authentic selves. #PrideMonth #BofAPride
Our partners at BC’s @RetirementRsrch recently explored the relationship between small businesses and retirement plans. Check out the below report to see the full findings on such an important topic for the #smallbiz community. ⬇️…
It takes creative solutions to address issues as complex as public health and #foodsecurity. @DSteveBoland, Chief Administrative Officer, talks about the impact we can make when we align our support for our colleagues with a commitment to our communities. #WEF22
Together with @ElectrifyAm, we will have installed more than 350 #EV chargers at over 90 of our financial centers by the end of 2023 – just one more way Bank of America is driving positive progress towards a #sustainablefuture for our communities.
Our focus on innovation and service has led us to create individualized #digitalbanking experiences to meet our clients wherever they are. Learn more about how we’re creating tools to enhance – and customize – financial lives.
Mental health is key to our overall productivity and wellbeing. Chief HR Officer @sheribronstein explains why supporting our teammates' emotional wellness is central to our commitment of being a #GreatPlaceToWork for all. #MentalHealthAwarenessMonth…
As prices at the pumps hit record highs, #gasoline spending is taking a larger share of the #consumer wallet. Learn about the impact on durable & nondurable goods in our latest report.
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The transition to #netzero holds enormous potential to positively impact the world economy. At #WEF22, Vice Chair Paul Donofrio offers his take on the ambitious commitments from the private sector that are helping drive a #sustainablefuture.
$3 to $5 trillion a year is needed to finance the climate transition. Without alliance and partnerships, we won’t get there, says @xkarenfang, explaining why Bank of America’s $1.5 trillion commitment is critical in catalyzing global progress. #WEF22 Sponsor content by @BofA_News
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President of @Infosys, @imravikumars, joins us at #WEF22 to discuss the role #technology plays in driving change to create more jobs for the future while highlighting the need to reskill our workforce for the new #digital age.
What does it mean to be an empathetic leader? According to Chief Administrative Officer, @DSteveBoland, it’s all about meeting people where they are and giving them the tools they need to feel seen and supported. #GreatPlaceToWork #WEF22…
The pandemic continues to shift the way we work. #WEF22 Which of these workforce and employment matters should employers be focused on?
In 2020, 45% of students majoring in STEM fields were women, up from 34% in 1994. But building a culture of inclusivity is critical to ensuring that number keeps rising. Hear from three of our female technologists about what keeps them innovating #WEF22
What does the path to #netzero look like? Guided by our commitment to Responsible Growth, it means we’re bringing together all of our capabilities to ensure a just transition to a more sustainable future. #WEF22
It’s estimated that 10% - 20% of the population is #neurodivergent, a term for when the brain processes or learns differently. From pattern recognition to data mapping, learn about the incredibly valuable skills that the #neurodiverse bring to work. #WEF22
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Significant investment is needed from the private sector if we’re to achieve a #sustainablefuture, says @xkarenfang. To date, Bank of America has issued $11.85 billion across 9 Green, Social, and Sustainability Bonds. #WEF22 Sponsor content by @BofA_News
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How do we drive the greatest success for our shareholders and society? CEO Brian Moynihan stresses that we must prioritize both profits AND purpose to meet the needs of all stakeholders and ensure progress on the @UN #SDGs. #WEF22
We’re making progress on our way to $25 by 2025. By increasing our hourly minimum wage to $22 this year, @BofA_News is reaching an important milestone and reaffirming our commitment to being a #GreatPlaceToWork. #WEF22
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Millions of young adults are not in school or the workforce, largely due to a growing skills gap. Organizations like @NpowerOrg, @RoadtoHire, and @YearUp are rethinking the traditional career path to connect individuals with meaningful careers. #WEF22
When it comes to the environment and #climatechange, which of these urgent topics would you say requires immediate action? #WEF22
Live from #WEF22, CEO Brian Moynihan joined @andrewrsorkin to discuss our minimum wage increase, consumer spending, the economy, and #ESG on @SquawkCNBC. Watch the replay here:
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