Bank of America Corporation New York Stock Exchange
Open: $38.69 High: $39.68 Low: $38.69 Close: $39.48
Range: 2021-06-19 - 2021-06-21
Volume: 22,658,062
Market: Open
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Bank of America Corporation 100 North Tryon Street Charlotte NC, 28255
Bank of America Corporation is a bank holding and a financial holding company. The company provides financial products and services to people, companies and institutional investors.
  • CEO: Brian T. Moynihan
  • Employees: 205,000
  • Sector: Financial Services
  • Industry: Banks
BAC News
Latest news about the BAC
  • Oil Climbs Amid Weaker Dollar With Key Oil Spreads Surging

    (Bloomberg) -- Oil advanced amid a weaker dollar and as key timespreads surged with expectations for further supply declines at the biggest storage hub in the U.S.Futures in New York climbed as much as 2% on Monday with U.S. stocks rising and the dollar dipping, boosting the appeal of commodities priced in the currency. Investors are watching commentary from Federal Reserve officials this week after St. Louis’s James Bullard said interest rates may need to rise in 2022.Key U.S. time spreads stre

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  • European Union Lifts Bond-Sale Ban for Some Banks

    JPMorgan, Citigroup, Bank of America and Barclays are among penalized banks that are now cleared to work on future EU bond sales.

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  • Juneteenth, Now a Federal Holiday, Puts Companies to Work on a Response

    Employers rushed to decide whether and how to give paid time off for Juneteenth, the first new federal holiday in nearly four decades.

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  • Nvidia Drops After Touching Record on Arm Deal Prospects

    (Bloomberg) -- Nvidia Corp. notched a small decline after touching an all-time high Friday amid growing anticipation about whether the chipmaker will win regulatory approval for its proposed acquisition of Arm Ltd.The stock rose as much as 3.9% before erasing the gains to close down 0.1%. So far in June, the stock is up more than 14%, putting it on track for its biggest one-month gain since August.The month’s advance started after Nvidia Chief Executive Officer Jensen Huang said he remains confi

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  • Is Bank of America (BAC) Outperforming Other Finance Stocks This Year?

    Is (BAC) Outperforming Other Finance Stocks This Year?

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  • Why Shares of Bank of America, JPMorgan, Wells Fargo, and Citigroup All Fell Today

    The Federal Reserve recently indicated that inflation might not be temporary and suggested it could hike rates sooner than anticipated.

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  • Expect the Fed to make future policy changes: BNP Paribas Asset Management

    The Fed holds rates at near-zero, signaling higher rates in 2023, after the latest FOMC meeting. Tim Johnson, BNP Paribas Asset Management Head of Global Multi-Sector Fixed Income joins Yahoo Finance Live to break down the details.

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  • How COVID-19 is reshaping investment banks

    Yahoo Finance's Brian Sozzi breaks down the future of the investment banking industry in a post-COVID world.

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  • Bank of America Could Decline Further Before New Buyers Appear

    The fast-paced "Lightning Round" segment of the Mad Money program is a viewer favorite. Wednesday evening one caller asked Jim Cramer about Bank of America : "There's going to be some weakness over the next few days, but I'm in favor of buying a few days from now," Cramer told the caller. It looks like the trading volume has declined from March and that is not the picture we want to see.

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  • Carver Bancorp and Bank of America Announce Closing of Social Impact Credit Facility with BlackRock

    Carver Bancorp, Inc. (Nasdaq: CARV), the holding company for Carver Federal Savings Bank ("Carver"), a certified Minority Depository Institution ("MDI"), and Bank of America Corporation (NYSE: BAC) announced today that they have closed a Senior Secured Social Impact Revolving Credit Facility with BlackRock's Alternative Solutions Group. BlackRock Alternative Solutions manages private market portfolios and invests across alternative asset classes, sectors and geographies on behalf of its clients.

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  • Bank of America Announces $4.2 Million Commitment to Expand Tech Career Opportunities for Students of Color Through Innovative Partnership

    CHARLOTTE, N.C., Jun 16, 2021--Bank of America today announced a partnership between longtime bank partners NPower and Urban Alliance, powered by a $4.2 million grant split between both organizations.

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  • Bank of America’s David Leitch on legal firefighting during Covid

    For David Leitch, the job of general counsel at Bank of America was a busy enough job before the Covid-19 pandemic. “The things that we were doing before Covid are overwhelmed by the experience of the past 15 months,” says Leitch. Early on in the pandemic, Bank of America had to address a host of legal questions, including what home-working employees were allowed to do and how records must be kept, all while collaborating with human resources on support programmes.

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  • New Partnership With Black Future Co-op Fund, UW Foster, and Bank of America Invests in Washington Black-Led Businesses and Nonprofits

    SEATTLE, Jun 15, 2021--The Black Future Co-op Fund, University of Washington Foster School of Business’ Consulting and Business Development Center (CBDC), and Bank of America today announced a new partnership to build generational sustainability of Black-led businesses and nonprofits across Washington state.

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  • 72% say inflation is transitory: BofA survey

    72% say inflation is transitory, according to a BofA Global Fund Manager survey. BofA Global Research Global Investment Strategist David Jones joins Yahoo Finance Live to discuss.

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  • U.S., Europe end Airbus-Boeing dispute, Chobani’s IPO, Southwest tech glitch

    Julie Hyman breaks down Monday’s business headlines, including: The U.S. and the EU agreeing to end a 17-year trade dispute over subsidies for Boeing and Airbus, Chobani reportedly working with Goldman Sachs and Bank of America on an initial public offering for second half of 2021, Southwest resuming flights following a weather data outage, and the FAA cracking down on unruly passengers after receiving over 3,000 incident reports. 

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  • 72% of fund managers say inflation is transitory: BofA survey

    Myles Udland, Brian Sozzi, and Julie Hyman break down the latest Bank of America fund manager survey, which finds that investors are “bullishly positioned for permanent growth.”

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  • Retail sales fall in May, producer prices surge

    Emily McCormick joins Myles Udland, Brian Sozzi, and Julie Hyman to break down May’s retail sales report, which fell more than expected, including which industries saw the biggest declines.

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  • Tuesday’s Pre-Market: Here’s What You Need to Know Before the Market Opens

    U.S. stock futures were trending higher on Tuesday ahead of the Federal Open Market Committee (FOMC) two-day policy meeting. Notably, investors await data related to the U.S. industrial production, producer prices, and retail sales, to be released today. Dow futures remain relatively flat, while Nasdaq and S&P futures had gained about 0.2% and 0.1%, respectively, at the time of writing. Qudian Inc (QD) is expected to report earnings before the market opens, while Anterix (ATEX), Azure Power Glob

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  • Bank of America (BAC) Stock Sinks As Market Gains: What You Should Know

    Bank of America (BAC) closed the most recent trading day at $41.36, moving -1.19% from the previous trading session.

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  • Chobani Taps Goldman Sachs, Bank of America for 2021 IPO

    (Bloomberg) -- Food producer Chobani LLC is working with Goldman Sachs Group Inc. and Bank of America Corp. on an initial public offering, according to people familiar with the matter.The Norwich, New York-based maker of Greek yogurt, oat milk and other products is set to go public in the second half of 2021, said the one of the people, who asked to not be identified because the matter isn’t public. No final decision has been made and the timing could still change, they said.Representatives for

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