Bank of America Global Research continues to back Vedanta Resources and its subsidiary, citing improved liquidity, reduced debt, and refined financial strategies. BofA acknowledged allegations by Viceroy Research but emphasized cost reductions and strategic decisions,

Bank of America's YouTube ad campaigns from the last six months (October 2024 to March 2025), strategically allocated resources to enhance financial literacy, digital banking experiences, and ...

This year, the Charlotte, North Carolina-based lender has added capabilities related to fraud claims and card arrivals, in response to customer feedback or inquiries, an executive said.

With this move, the bank continues its aggressive expansion as part of a broader strategy to strengthen customer relationships and tap into new markets. BAC plans to open 40 new financial centers ...

So far this year, several major banks, including Wells Fargo, TD Bank, JPMorgan Chase, Bank of America, and Flagstar, have announced branch closures across the U.S. The closures happened after a particularly busy 2024. Through the third quarter of last year, 944 bank branches closed their doors.

Bank of America's payments business has been a key focus over the last few years as more and more financial institutions make payments a central part of their business strategy.. The Charlotte-based bank employs a client-centric, relationship-driven strategy to its payments business, Mark Monaco, head of Global Payments Solutions at Bank of America, told American Banker.

Bank of America will invest $4 billion in AI and related technology innovations this year, but the financial services giant’s 7-year-old homemade AI agent, Erica, remains a key ROI generator ...