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9/25/20 10:30 am EDT

First-of-its-Kind Broad ESG-Themed Security Designed to Advance Racial Equality, Economic Opportunity and Environmental Sustainability

This is Bank of America’s Eighth ESG-Themed Corporate Bond, raising nearly $10 billion in aggregate for investments with environmental and social benefits

Bank of America announced today the issuance of a $2 billion Equality Progress Sustainability Bond designed to advance racial equality, economic opportunity and environmental sustainability, the first offering of its kind in the financial services industry. The transaction also represents the first sustainability bond issued by a U.S. bank holding company where the social portion of the use of proceeds will be dedicated to financial empowerment of Black and Hispanic-Latino communities. This more...
9/24/20 2:00 pm EDT
The Sphinx Organization in partnership with Bank of America, announced today that it will premiere Lift E v’ry Voice, a free online gala and concert on Thursday, October 15, at 7 p.m. EST. The virtual event will feature Sphinx artists, alumni, students, and special guests. All are welcome to tune in to watch the concert for free in a number of ways, including the Sphinx Organization’s website and more...
9/24/20 9:00 am EDT

62% of Employers Feel Extremely Responsible for the Financial Wellness of Their Employees, Up from 13% in 20131

Bank of America today announced findings from its 10th annual Workplace Benefits Report, which reveals 62% of employers feel “extremely” responsible for more...