Bank of America’s Board of Directors elected Chief Executive Officer
Brian Moynihan as chairman, succeeding Charles “Chad” Holliday, Jr.,
effective immediately. Jack Bovender, Jr., a member of the board of
directors since August 2012, will become the board’s lead independent
“There’s more work ahead, but Brian’s strategy to simplify the company
and connect it with the real economy continues to build value formore...
The U.S. Green Building Council (USGBC) and Bank of America Charitable Foundation announced today the 11 projects selected for the 2014 Affordable Green Neighborhoods (AGN) grant program.Each of these neighborhood redevelopment projects are pursuing certification under USGBC’s LEED for Neighborhood Development rating system and are notable for their planned affordable housing, compact design, commitment to green building and sites located near transit or other existing amenities.“Neighborhoodsmore...
Bank of America is the First Major U.S. Bank to Issue Chip on Consumer and Small Business Debit Cards
Bank of America today announced that beginning this week it will include
chip technology on all new and reissued consumer and small business
debit cards. Bank of America already includes chips on the majority of
its credit card programs and is the first major U.S. bank to add the
chip technology to debit cards.
Cards with chip technology, which are also referred to as EMV (Europay,
MasterCard, Visa) cards, are embedded with amore...