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BofA Picks Connecticut Student Leaders

BofA Picks Connecticut Student Leaders

by The Commercial Record | Aug 18, 2016 | Banking & Lending, CR Daily, Executive Briefing, Industry News

Bank of America recently named 10 Connecticut high school students to its latest slate of Student Leaders.

Senior Female Executive At Bank Of America Sues Over ‘Bro’s Club’

by Reuters | May 18, 2016 | Banking & Lending, Executive Briefing, Industry News

A senior female fixed-income banker at Bank of America Corp. has filed a lawsuit accusing the bank of underpaying her and other women, and retaliating when she complained about illegal or unethical practices by her colleagues. In a complaint filed on Monday night,...
Big US Banks To Take On Tech Rivals With Instant Payments

Big US Banks To Take On Tech Rivals With Instant Payments

by Reuters | Mar 9, 2016 | Banking & Lending, Executive Briefing, Industry News

Depositors at some of the largest U.S. banks are finally going to get the chance to do something quick and simple: send money to another person’s account instantaneously by mobile phone. The idea has been in the works for at least five years, and in the meantime,...

BofA Awards Grants To 23 Local Nonprofits

by The Commercial Record | Dec 10, 2015 | Banking & Lending, Executive Briefing, Industry News

The Bank of America Charitable Foundation has named Connecticut nonprofits that will receive $249,500 in grants. The funds are being awarded to 23 organizations that address critical needs, such as food and shelter, and assist in transitioning low- and moderate-income...
Fed Approves BofA’s New Capital Plan

Fed Approves BofA’s New Capital Plan

by The Commercial Record | Dec 10, 2015 | Banking & Lending, Executive Briefing, Industry News

The Federal Reserve Board today said it did not object to Bank of America Corp.’s resubmitted capital plan. Though BofA passed the Fed’s major “stress test” in March, the banking regulator also asked the bank to resubmit its capital plan and to better address what it...
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