Bank of America today released the results of its 2016 stress test. Under the Dodd-Frank Act, systemically important institutions are required to conduct an annual stress test and publish the results.The Federal Reserve conducts its own stress test and announced its results today. Bank of America’s results may differ from the Federal Reserve’s results. The results should not be regarded as forecasts of actual financial results and investors in securities issued by Bank of America should notmore...
The Bank of America Corporation board of directors today appointed
Michael D. White as a director, effective immediately. White, 64, is the
recently retired chairman, president and CEO of DIRECTV.
“Mike’s expertise leading consumer and technology businesses, working in
regulated industries, his finance background, and his international
perspective make him a great fit to help oversee the management team and
the responsible growthmore...
Charity Program Raised an Event Record $18.7 Million in 2015
The Bank of America Chicago Marathon today announced Iain Jones as the sixth annual recipient of the Bank of America Chicago Marathon Top Individual Fundraiser Award.The award was established in 2010 to honor the Bank of America Chicago Marathon participant who raised the most funds for charity through the annual world-class event. As a member of Team World Vision, Jones raised more than $65,000 during the 2015 event.The fundraising efforts of more than 10,000 marathon runners contributed tomore...