Bank of America pledges $300K for relief efforts following Beirut explosion

Bank of America Corp. (NYSE: BAC) is pledging $300,000 toward relief efforts in Beirut, according to an internal memo obtained by the Business Journal. The funds will be dispersed through the Charlotte-based bank's charitable foundation. It includes $150,000 up front for the Lebanese Red Cross, followed by another $150,000 at a later date. "Our thoughts and our sympathy go to the victims of the recent explosion in Beirut, Lebanon, to their families, and to all those who have been affected," the…