(BAC) News Today

Key points By year-end 2026, Bank of America will conduct 2,500 in-person scam and fraud prevention seminars reaching tens of thousands of consumers across the U.S. This grassroots initiative is designed to bring essential scam and fraud prevention education to local communities across the nation amidst the growing threat of digital financial scams. Other tools and resources for protecting clients from fraud include more than 1 billion educational messages sent to clients each year, the Bank of America Security Center and 50 AI-enabled fraud detection models.

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Matternet, a leading autonomous aerial logistics technology company and the only FAA Type-Certified drone delivery platform, today announced its upcoming participation in Bank of America's “A Transforming World 2026” conference in New York City on June 16, 2026. Matternet's CEO and Founder, Andreas Raptopoulos, will present during the session “Autonomous Drone Delivery: The Next Logistics Network” from 4:10 PM ET to 4:40 PM ET. The conference will feature.

CHARLOTTE, N.C., June 11, 2026 /PRNewswire/ -- Bank of America Corporation today announced the Board of Directors has authorized regular cash dividends on the outstanding shares or depositary shares of the following series of preferred stock:  Series of Preferred Stock Dividend per Share or Depositary Share 1 Record Date Payment Date 7.25% Non-CumulativePerpetual Convertible Preferred Stock, Series L $18.1250000 July 1 July 30 5.875% Non-Cumulative Preferred Stock, Series HH $0.3671875 July 1 July 24 4.375% Non-Cumulative Preferred Stock, Series NN $0.2734375 July 15 August 3 6.625% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series OO $16.5625000 July 15 August 3 4.125% Non-Cumulative Preferred Stock, Series PP $0.2578125 July 15 August 3 4.375% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series RR $10.9375000 July 1 July 27 6.125% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series TT $15.3125000 July 1 July 27 6.250% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series UU $15.6250000 July 1 July 27 1 Each series of preferred stock, other than Series L, is represented by depositary shares.

Bank of America plans real-time global payments via Swift and CashPro, aiming to boost fee revenues, win more payment flows and deepen client ties.

Both Bank of America (NYSE: BAC | BAC Price Prediction) and Ford (NYSE: F) flashed bullish technical signals over the past few months, but which one is better in a retirement portfolio right now?

The debate over stablecoin regulation has always had a deeper question underneath it. Do blockchain-based payment systems become an extension of the banking sector or remain permanently adjacent to it?

The Justice Department has sent subpoenas to several of America's largest banks as part of an investigation into alleged politically motivated debanking of clients, The Wall Street Journal reported Wednesday (June 10), citing unnamed sources. Recipients of the subpoenas include Bank of America, JPMorganChase and Wells Fargo, according to the report.

The demands from DC US Attorney Jeanine Pirro's office, which were first reported by the Wall Street Journal, order the banks to cough up lists of customers they cut off and explain why their accounts were closed.

Bank of America introduced a credit card feature to let clients pay over time. The bank's Custom Pay Plan is one of three new offerings, along with a new loyalty program and credit monitoring services, according to a Wednesday (June 10) press release.

Jeanine Pirro, the U.S. Attorney for the District of Columbia, is investigating several major banks for allegedly “debanking” customers for political reasons, the Wall Street Journal reported—following up on one of President Donald Trump's major complaints after his 2020 election loss.

The U.S. Justice ​Department has ‌issued subpoenas to several ​major ​banks, including JPMorgan Chase ⁠and ​Bank of ​America , seeking information on whether ​the banks ​improperly closed customer ‌accounts ⁠for political reasons, the Wall ​Street ​Journal ⁠reported on Wednesday.

Refer-a-Friend, Custom Pay Plan and My Credit now available to BofA Clients Key points With Refer-a-Friend, eligible clients can earn referral bonuses by recommending credit cards to friends and family. Custom Pay Plan gives cardholders added flexibility to pay for purchases made using their credit card.

Key points 250+ corporate and financial institution leaders convene in Singapore as APAC payments market reaches ~US$18 trillion1 Bank of America held its annual Treasury Leaders Summit (TLS) and Financial Institutions (FI) Forum events in Singapore to discuss the role of AI-led platforms for treasury, trade and payments Now in their 15th year, the events continue to convene clients and market participants to address key industry issues SINGAPORE, June 9, 2026 /PRNewswire/ -- Increasingly complex operating environment for trade and capital flows, elevated FX volatility and evolving liquidity risks are accelerating demand for AI-driven treasury, trade and currency solutions among Asia Pacific companies as they look to enhance resilience and performance. This was a key takeaway from Bank of America's annual flagship client events held in Singapore – TLS (May 20) and FI Forum (May 21), which brought together more than 250 senior treasury and financial institution leaders from top global corporates, banks, asset managers and insurers.

Soccer Fans Can Build, Trade and Collect Custom BofA Fan Bands Featuring 140 Unique Beads Inspired by Iconic Host Cities and Teams Key points Bank of America, the Official Bank of FIFA World Cup 2026™, distributing more than 2 million BofA Fan Bands and 10 million beads The BofA Fan Bands Collection features 140 unique beads that can be collected and traded to create unique memories from the tournament CHARLOTTE, N.C., June 9, 2026 /PRNewswire/ -- Bank of America, the Official Bank of FIFA World Cup 2026™, today announced the debut of 2 million custom, collectible BofA Fan Bands, starting June 11 across all 11 U.S. host cities.

Bank of America Corporation (BAC) Presents at Morgan Stanley US Financials Conference 2026 Transcript

Bank of America may exceed the ​initial forecast of 15% ‌growth in revenue for its markets business in the second ​quarter, fueled by ​the equities business, Co-President Jim ⁠DeMare said on Tuesday.

JPMorgan Chase stock trades at a price-to-book ratio that's 71% more than Bank of America's valuation multiple. Key financial data reported by JPMorgan Chase last quarter came in better than its smaller rival.

Monetary policy affects different banking businesses in different ways. The Federal Reserve also has significant authority in regulating banks.

Major banks like JPM, BAC, C and WFC plan a tokenized deposit network by 2027, aiming to counter stablecoins with blockchain-based, 24/7 payments.

Bank of America BAC and Truist Financial Corporation TFC operate in the same banking landscape but offer investors very different risk-reward profiles. Bank of America stands out for its global scale, diversified revenue streams and strong deposit franchise, positioning it to benefit from improving capital markets activity, easing funding pressures and a more favorable rate backdrop.

The Federal Reserve's asset cap on Wells Fargo came off in 2025.

Berkshire Hathaway owns lots of companies outright and stock in many other companies. Buffett has stepped down as CEO and Greg Abel is in charge now.

Bank of America exhibits a bullish technical setup, supported by strong price action, momentum, and institutional volume accumulation. Despite a D+ valuation grade, I prioritize trend-following signals and BAC's Quant Rating, which ranks it #1 among diversified banks. BAC's price remains above its 30-week EMA, with both short-term and long-term momentum indicators signaling continued strength.

As volatility again rattles large swathes of the cryptocurrency market, the largest financial institutions in the United States are moving ahead with plans for a shared tokenized deposit network. The network will be operated by The Clearing House and is backed by JPMorganChase, Bank of America, Citi, Wells Fargo and other major banks.

Stacy Brandon retires after 39 years with the company  Key Points Bank of America announced that Chip McLeod has been named president of Upstate South Carolina. McLeod succeeds Stacy Brandon, who retired from BofA after 39 years.

The largest U.S. banks are building their own blockchain payment network, a direct response to crypto firms that are pushing deeper into core banking territory under a crypto-friendly Trump administration.

The new network could help banks contend with a wave of new competition from stablecoins and crypto firms.

Wall Street banks are competing to ‌offer special events for wealthy clients trying to get a piece of the SpaceX IPO, with Bank of America and JPMorgan hosting splashy events ahead of its launch next week and some ​bank CEOs involved in the action.

Bank of America plans to launch a new cross-border real-time payments tool later this year, according to a Thursday (June 4) press release provided to PYMNTS.

Key Points Launching next quarter: Bank of America's global cross-border real-time payments solution will enable corporate, commercial and financial institution clients to send and receive funds instantly via Swift or CashPro®. Built for high-volume, low-value flows such as person-to-person (P2P) and business-to-consumer (B2C) transactions that are expected to increase by 58% and 131%, respectively, by 2032.

Barron's Names 126 Merrill Advisors to "Top 250 Private Wealth Management Teams," 24 to "Top 100 Institutional Consulting Teams" and 20 to "Top 100 Financial Advisors" Key points 126 Merrill advisors recognized on the 2026 Barron's Top 250 Private Wealth Management Teams list 24 Merrill institutional consultants recognized on the 2026 Barron's Top 100 Institutional Consulting Teams list 20 Merrill advisors recognized on the 2026 Barron's Top 100 Financial Advisors list NEW YORK, June 4, 2026 /PRNewswire/ -- Barron's recognized Merrill advisors across three of its annual wealth advisor rankings (published May 8, 2026, based on data as of December 31, 2025). The "Top 250 Private Wealth Management Teams" list recognized 126 Merrill advisors.

As part of its celebration of America's 250 th birthday, the bank will also host a BofA Fan Experience on the National Mall during FIFA World Cup 2026™ Fan Zone Key Points Bank of America, the official bank of FIFA World Cup 2026™, has donated $2 million for veterans, current military, first responders and their families to purchase tickets across all stages of the tournament at no cost to them Together, Bank of America, Vet Tix and FIFA will contribute a total of $2.25 million, yielding thousands of free tickets including matches in all 11 U.S. Host Cities, honoring the military community and commemorating America's 250th anniversary Bank of America will also host a BofA Fan Experience in Washington, D.C. on the National Mall from June 11 to July 19 as part of the FIFA World Cup 2026™ Fan Zone organized by FIFA and Freedom 250 CHARLOTTE, N.C.

Bank of America said on Wednesday it would ​welcome about 4,000 summer interns ‌and full-time campus hires, signaling a commitment to entry-level talent even ​as the rise of ​AI fuels industry concerns over ⁠the future of junior ​banking roles.

Bank of America CEO Brian Moynihan discusses consumer spending trends amid rising inflation, affordability issues and the impact of AI on the banking industry. He speaks with Bloomberg's Dani Burger at the Forbes Iconoclast Summit in New York.

BAC's more than $2T deposit base and low-cost funding are boosting NII and margins, positioning the bank to support earnings growth across rate cycles.

Last year, the major banks aced their stress tests. It led to a surge of dividend increases and buybacks.

Hiring reinforces long-term investment in client-facing and technology talent CHARLOTTE, N.C., June 3, 2026 /PRNewswire/ -- Bank of America will welcome nearly 4,000 summer interns and full-time campus recruits this summer.

Bank of America announces plans to hire nearly 4,000 summer interns and full-time recruits from over 500 colleges and universities this summer.

Bank of America received around 240,000 internship applications for fewer than 2,000 spots. The number of summer and campus hires is roughly the same as last year, even with AI automation.

Publicly traded media and telecommunications companies in Europe raised $3.39 billion through capital offerings in April, surpassing the $2.31 billion raised in the previous month and the $2.07 billion collected a year earlier. Debt offerings contributed $3.37 billion to the total capital raised, while common equity offerings brought in $21.7 million, according to S&P Global Market Intelligence data.

Bank of America is rated a buy, supported by robust revenue growth, segment leadership, and favorable regulatory tailwinds. BAC posted 8.1% YoY revenue growth in Q1 2026, with all business segments contributing and net income up 17.27%. Upcoming capital requirement reductions could free $14.4 billion for lending, boosting NII and profitability.

JPM's Q2 2026 fee income will likely surge, driven by a likely rise of 11% in markets revenue and 10% jump in IB fees, fueled by volatility and deal-making.

Bank of America (NYSE:BAC | BAC Price Prediction) has spent 2026 grinding sideways despite a Q1 print that ranked among the strongest in the bank's recent history.

New funding supports cultural preservation initiatives in Montreal and Toronto, including sponsorship of major international conservation conference Key points Expanded funding and programming help to preserve art and cultural heritage in Canada Support combines conservation leadership with long–standing local ties in Canada Since 2013, Bank of America has funded several initiatives in Canada spanning restoration projects and partnerships with leading cultural institutions Bank of America's roots in Canada go back to 1903 TORONTO, May 29, 2026 /PRNewswire/ -- Bank of America today announced three major initiatives supporting the arts in Canada, including recent funding for restoration projects in Montreal and Toronto, as well as lead sponsorship of the American Institute for Conservation's Annual Meeting and Conference, which took place this year in Montreal. These efforts build on the firm's long-standing commitment to cultural preservation in Canada.

BAC projects nearly 15% Q2'26 trading revenue growth, with strong IB and wealth management performance lifting fee income.

Program will become a standing commitment, continuing to help individuals and families overcome barriers to homeownership amid persistent affordability challenges Key points Bank of America is continuing its Community Homeownership Commitment after delivering more than $15 billion in affordable home loans since 2019. The program has supported more than 57,000 homebuyers and provided over $600 million in down payment and closing cost grants nationwide.

Watch more: Why Payments Modernization Can't Wait Banks spent years treating payments modernization as a long-range technology project. Corporate clients are done waiting.

Bank of America Corporation (BAC) Presents at Bernstein 42nd Annual Strategic Decisions Conference Transcript

193 organizations benefitted from Bank of America Boston Marathon Official Charity Program fundraising BOSTON, May 27, 2026 /PRNewswire/ -- The Boston Athletic Association (B.A.A.) announced today the total funds raised through the 2026 Boston Marathon presented by Bank of America reached a record $57.3 million, surpassing last year's single-year record of $50.4 million.

Bank of America expects ​trading revenue to jump ‌15% in the second quarter from a year ​ago when the ​market was hit by the ⁠volatility from higher ​U.S. tariffs, its CEO ​Brian Moynihan said on Wednesday.