Bank of America awarded a $50,000 grant to Big Brothers Big Sisters of Essex, Hudson & Union Counties (BBBSEHU) to support its "Big Futures through Mentoring & Workforce Development" program. This initiative connects youth aged 14-24 from underrepresented communities to career exploration, college readiness, and economic opportunities in fields like healthcare, finance, and STEM. The program includes mentoring, job shadowing, internships, and a pilot with St. Peter's University where college students mentor younger participants while earning academic credit and pay. BBBSEHU aims to increase high school graduation and college enrollment rates, helping youth achieve better lifetime earnings and economic mobility.
Bank of America is promoting its Business Advantage Unlimited Cash Rewards Mastercard, which offers a $500 cash back bonus after spending $5,000 within the first 90 days. The card features a simple 1.5% cash back on all purchases with no annual fee a...
Bank of America is rated a Strong Buy with a price target of $78, implying a 26% upside from the current $62. The bank's strong earnings growth is driven by rising net interest income, stronger fee businesses, operating leverage, and aggressive share...
Bank of America announced it will redeem all outstanding Floating Rate Senior Notes ($500 million) and Fixed/Floating Rate Senior Notes ($1.5 billion), both due September 2027, on September 15, 2026. The redemption price will be 100% of the principal...
Bank of America announced it will redeem all outstanding CAD425 million Floating Rate Senior Notes and CAD1 billion Fixed/Floating Rate Senior Notes due September 2027 on September 15, 2026. The redemption will be at 100% of principal plus accrued in...
