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 plus accrued interest up to the redemption date, after which interest will stop accruing. This move allows Bank of America to manage its debt maturity profile and potentially reduce interest expenses. Payments will be processed through The Depository Trust Company with The Bank of New York Mellon Trust Company acting as trustee and paying agent.
A class action lawsuit has been filed against Bank of America for alleged violations of federal securities laws between August 2025 and October 2026. The suit claims the bank failed to properly monitor transactions and comply with anti-money launderi...
Bank of America's stock fell to its lowest since May after missing earnings expectations and facing a regulatory penalty. The stock broke below a significant trend line from April 2025, fitting an Elliott Wave ending diagonal pattern that suggests mo...
Bank of America is under investigation after the U.S. Treasury Department fined the bank approximately $1.21 billion for failing to comply with anti-money laundering regulations and U.S. sanctions. Regulators found the bank neglected to properly inve...
In the 91st week of President Trump's second term, Congress voted unanimously (420-0) to publicly release taxpayer-funded sexual misconduct settlement records. The Trump administration also reported significant actions including dismantling millions ...
Bank of America is under investigation following a $1.21 billion penalty for anti-money laundering failures and sanctions violations, which caused its stock to drop 4.7%. The Rosen Law Firm is preparing a class action lawsuit for shareholders who may...
