Bank of America Stock News

Company's patent portfolio includes nearly 1,100 AI and machine learning patents CHARLOTTE, N.C. and LONDON and HONG KONG , Oct. 23, 2024 /PRNewswire/ -- Bank of America is dedicated to the use of innovative technology to best meet the needs of its clients and employees.

September's investment activity was minimal, with $1,000 invested mainly in Business Development Companies, while I traveled through Hungary, Albania, and Oman. Traveling highlighted the benefits of lower living costs abroad, reinforcing the idea that financial independence is about where and how you live. My September dividend income hit a record $1,141, driven by Ares Capital and MidCap Finan...

Growth Surge Driven by CashPro ®  API Network and CashPro Developer Studio NEW YORK and SINGAPORE and LONDON , Oct. 22, 2024 /PRNewswire/ -- The demand for real time data and transaction processing is driving a record number of Bank of America business clients to adopt Application Programming Interfaces (APIs). Over the last 12 months, Bank of America has seen a 51% increase1 in clients using A...

Consumer and Small Business Cardholders Automatically Earn Extra Cash Back, Miles or Points as They Prep for the Holiday Season CHARLOTTE, N.C. , Oct. 22, 2024 /PRNewswire/ -- Bank of America announced the return of its highly anticipated More Rewards Day, taking place on Thursday, November 7, 2024.

Bank of America's preferred shares offer attractive fixed dividend yields, especially BAC.PB and BAC.PK, despite loan performance challenges and Warren Buffett selling common shares. The bank's net interest income remains strong, with loans generating more interest income, although higher interest expenses persist. Bank of America's loan growth outpaces the commercial banking sector, and they h...

We also kick off a series exploring Warren Buffett's Berkshire Hathaway.

Bank of America on Monday extended its guaranteed exchange rates by up to one year, the longest tenor in the industry, in an effort to reduce the risks to cross-currency transactions amid rising volumes.

Extension Follows Growth In Cross-Border Payments Company Named World's Best Bank for FX Payments NEW YORK and SINGAPORE and LONDON , Oct. 20, 2024 /PRNewswire/ -- Bank of America is simplifying the management of foreign exchange (FX) risk associated with cross-currency payments and receipts with the introduction of Guaranteed FX Rates of up to 1-year1, the longest tenor available in the indust...