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7/15/19 4:30 pm EDT
Bank of America has named Merrill Lynch Wealth Management Market Executive Livingston Albritten as market president for Memphis. Albritten succeeds Market President Michael Frick, who continues his role as Global Commercial Banking market manager for western Tennessee, Alabama and Mississippi based in Memphis. As market president, Albritten is responsible for connecting the banking and investment resources offered through the company’s eight lines of business to companies, families and more...
7/15/19 9:00 am EDT

Technology and Client Advocacy at the Heart of the Bank’s Leadership

Bank of America has retained its ranking as a top issuer of Visa and Mastercard commercial credit and prepaid solutions in the U.S. The 2018 rankings were published by The Nilson Report, a financial industry publication covering card and mobile payments. Bank of America’s commercial card programs are managed within the Global Transaction Services (GTS) business that develops solutions to address a company’s overall treasury and working capital needs. “Our clients increasingly see the value more...
7/11/19 4:15 pm EDT
Bank of America Corporation announced today that it will redeem all outstanding shares of its 6.625% Non-Cumulative Preferred Stock, Series W (the Series W Preferred Stock), and the corresponding depositary shares representing fractional interests in the Series W Preferred Stock (the Series W Depositary Shares) on September 9, 2019. All 44,000,000 Series W Depositary Shares (NYSE: BAC PrW) (CUSIP No. 060505344), each representing a 1/1,000th interest in one share of the Series W Preferred more...