New Educational Tools, Fraud-Prevention Resources and Webinars Aim to Help Entrepreneurs Protect Their Businesses From Increasingly Sophisticated Scams Key points Bank of America is launching a fraud-awareness initiative for business owners, with an updated Fraud Prevention Checklist, educational content and a new webinar. The initiative is designed to help small businesses recognize and respon...
Key points Bank of America is providing a $10 million grant to Boston Children's Hospital to establish a new pediatric behavioral health campus of Franciscan Children's in Brighton. The Brighton campus will feature new single-patient rooms and thoughtfully designed spaces for children with autism and intellectual developmental disabilities.
Merrill Managed Exceeds $10 Billion in Assets Under Management Key points Personal Retirement Strategy (PRS) surpasses $100 billion in total assets, underscoring strong participant adoption and significant growth since its 2021 launch. Merrill Managed, the discretionary managed account solution, exceeds $10 billion in assets under management, reflecting rising demand for personalized retirement...
Bank of America's Merrill Lynch unit will pay $39 million to settle a class action claiming it paid brokerage customers near-zero interest rates instead of market rates on idle cash in their retirement accounts.
Gathering in San Francisco, companies and investors will explore enterprise AI, technology investment and opportunities for collaboration SAN FRANCISCO, Sept. 30, 2026 /PRNewswire/ -- Bank of America will host more than 500 technology companies and investors for its 15th annual Technology Innovation Summit in San Francisco on October 7.
The U.S. Federal Reserve announced Wednesday it had finalized changes to its annual "stress test" of large bank finances to make the exams more transparent and less volatile.
New Private Bank research finds younger donors are broadening where and how they give, even as confidence in philanthropic succession declines Key takeaways Nearly nine in 10 wealthy Americans (89%) gave to charity in 2025, most commonly directing donations towards supporting basic needs, health care and disaster relief efforts. Nearly half of wealthy Americans (49%) volunteered in 2025, up fr...
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