Company

Bank of America

Bank of America is a multinational investment bank and financial services holding company, providing 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 market warnings on AI and oil prices, as well as launching new financial products and expanding its workforce.

Latest on Bank of America

  • ASML’s chip packaging move threatens Besi shares, Bank of America says
  • Bank of America Says Investors Are Overplaying AI and Underestimating Consumers
  • Bank of America Launches Cross-Border Real-Time Payments Solution
  • Bank of America Expands Apprenticeship Programs With 1,000 Additional Hires
  • Oil could top $150 a barrel if supplies tighten further, Bank of America warns
  • European Companies Shift Treasury to Mobile With Bank of America CashPro
  • Bank of America now offers three AI models for customer inquiries starting at $0.02 per response.
  • Bank of America deployed its AI assistant, Erica, to 50 million customers across the United States by December 2023.
  • Bank of America and NatWest joined five other global banks to establish principles for agentic commerce.
  • Six global banks including Bank of America and Commonwealth Bank of Australia published principles Tuesday (Sept. 22) for artificial intelligence agents in commerce.
  • 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

Connections

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