Company

Bank of America

Bank of America is a multinational investment bank and financial services holding company, offering a range of services including consumer banking, wealth management, and investment banking.

Why it’s in the news: It is in the news for its large-scale investments in AI and energy infrastructure, a major joint venture in India's financial sector, and its influential market sentiment surveys.

Latest on Bank of America

  • Fund managers have rarely been this bullish about stocks, says a Bank of America survey
  • The Secret Word Game Bank of America’s CEO Plays With Wall Street
  • Bank Of America To Buy 49.9% Stake In Jio Financial Services’ NBFC Arm For $1.9 Bn
  • Bank of America Targets India Credit Boom in Jio Credit Joint Venture
  • Bank of America to Deploy $250 Billion to Bolster AI and Energy Infrastructure
  • Deutsche Bank, Bank of America delayed flagging $420M in Epstein-linked transactions, Senator’s report says
  • Bank of America's Matthew Davies advised finance leaders at a summer conference that CFOs must prioritize data quality before implementing new technology solutions.
  • the same AI transformation that powers faster crypto operations also creates the exact audit and explainability gaps that regulators are currently prosecuting other institutions for
  • enforcement actions against banks using AI models are accelerating
  • position the executives to lead the bank's artificial intelligence and cryptocurrency initiatives. The moves reflect Bank of America's strategic focus on expanding its digital assets and AI capabilities
  • The loan positions Bank of America as one of OpenAI's largest lenders ahead of the company's planned IPO.
  • Bank of America extended a $520 million line of credit to OpenAI on July 8, according to Reuters.

Connections

48 entities linked to Bank of America across the news graph.