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Bank of America

American multinational banking and financial services corporation

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Bank of America: American multinational banking and financial services corporation
The Bank of America Corporation is an American multinational investment bank and financial services company headquartered in Charlotte, with central hubs in New York City, London, Hong Kong, Dallas, and Toronto. Founded in San Francisco, Bank of America was formed through NationsBank's acquisition of BankAmerica in 1998. It is the second largest banking institution in the United States, after JPMorgan Chase, and the ninth largest financial services company in the world. As a part of the Big Four, it services approximately 10.73% of all American bank deposits, in direct competition with Citigroup, Wells Fargo, and JPMorgan Chase. Its primary financial services revolve around commercial banking, wealth management, and investment banking.

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Kayne Files For New 'Yeezy' Trademark [Video]

Kayne Files For New 'Yeezy' Trademark

Kanye West has applied for a trademark on Yeezy-branded cosmetics. According to Business Insider the filing includes provisions for makeups, creams, hair gels, and even scented pine cones. Companies..

Credit: Wochit News     Duration: 00:29Published
Kanye West Has Filed For A Yeezy Cosmetic Trademark [Video]

Kanye West Has Filed For A Yeezy Cosmetic Trademark

Kanye West has applied for a trademark on Yeezy-branded cosmetics. Companies often file trademarks to protect intellectual property without actually selling products. The move has sparked speculation..

Credit: Wochit News     Duration: 00:36Published
Bank of America Is Donating $1 Billion to Fight Racial Inequality [Video]

Bank of America Is Donating $1 Billion to Fight Racial Inequality

CNN Business says the $1 billion will expand upon Bank of America's donations to minority-owned businesses.

Credit: Cover Video STUDIO     Duration: 01:18Published
Wall Street Forecasting Shift Away From Market-dominating Growth [Video]

Wall Street Forecasting Shift Away From Market-dominating Growth

REUTERS Growth stocks have significantly outperformed value stocks over the past decade, but that could change in the short term, according to notes from Goldman Sachs and Bank of America. Over the..

Credit: Wochit News     Duration: 00:32Published
Stocks soar on growing economic optimism [Video]

Stocks soar on growing economic optimism

Wall Street rose sharply on Wednesday, powered by bank and retail shares, as the further easing of lockdowns boosted hopes for an economic recovery. Conway G. Gittens has the market action.

Credit: Reuters Studio     Duration: 02:00Published
Wall Street slumps after somber Fed outlook [Video]

Wall Street slumps after somber Fed outlook

Wall Street's three major indexes closed lower for the second day in a row after Federal Reserve Chairman Jerome Powell warned on Wednesday of extended economic weakness due to the coronavirus pandemic..

Credit: Reuters Studio     Duration: 02:07Published

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Bank of America pledges $1 bln to address racial, economic inequality

Bank of America Corp on Tuesday pledged $1 billion to help communities across the country address economic and racial inequality, the first big bank to vow monetary support following violent protests..
Reuters - Published

The future of the American mall

Almost 1,700 stores inside malls closed in 2018, according to Bank of America, and so far this year, closings have reached more than 4,000. But one company believes it has found a way to reverse the..
CBS News - Published

Bank of America hiking minimum wage to $20 an hour

It will be first major U.S. financial institution to crack $20 line, reflecting the tight labor market
CBS News - Published

NASCAR playoffs 2019: Schedule, lineup, TV and more for Bank of America Roval 400 at Charlotte

All the information you need to get ready for Sunday's Bank of America Roval 400, the first elimination race of the NASCAR Cup Series playoffs.
USATODAY.com - Published

Which major supermarkets offer the best prices?

Bank of America analysts reviewed six big supermarket chains for their prices on 54 items like produce, meat and dairy. Here's how it all added up.
CBS News - Published

Bank of America to cut ties with companies that help run immigrant detention centers, private prisons

Bank of America has decided to "exit the relationships" it has with companies that provide prisoner and immigrant detention services.
USATODAY.com - Published

Bank of America to stop financing operators of private prisons, detention centers

Bank of America Corp said on Wednesday it will no longer finance operators of private prisons and detention centers, joining peers in distancing itself from a sector that has triggered protests over..
Reuters - Published