Bank of America announced it will redeem all outstanding $2 billion of its 5.526% Senior Bank Notes and $600 million of its Floating Rate Senior Bank Notes on July 17, 2026. The redemption price will be 100% of the principal plus accrued interest up to the redemption date. Interest will stop accruing on the redemption date, and payments will be made through The Depository Trust Company. This move affects investors holding these notes due in August 2026 and signals Bank of America's management of its debt maturity profile.
The Federal Reserve raised interest rates by 25 basis points in September, marking its first hike since 2023, which temporarily stopped the 10-year Treasury yield from climbing further. Persistent inflation and geopolitical tensions, especially invol...
Bank of America Corporation announced that its Board of Directors has authorized regular cash dividends for several series of its preferred stock. The dividends will be paid on various dates in October and November 2026, with specific amounts set per...
Apple's stock is gaining momentum with a Bank of America analyst predicting a rise to $370 within 12 months, signaling a 10.7% upside from current levels. This optimism is driven by strong fiscal results, aggressive U.S. carrier promotions boosting i...
Wells Fargo's CFO Mike Santomassimo announced at an investor conference that loan growth in 2026 is expected to exceed previous forecasts, reflecting strong consumer spending and credit health in the US. The bank reported a 12% rise in average loans ...
The Carolina Panthers and Bank of America have introduced 3rd & Goal, a community platform aimed at supporting 10,000 third-grade students across North and South Carolina in literacy, physical wellness, and personal well-being. The program focuses on...
