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5/29/20 4:33 pm EDT

Donations From Bank of America, IBM Corporation, Morgan Stanley and Accenture Will Help Family Members of Health Care Workers and Volunteers Who Lose Their Lives Due to COVID-19

Bank of America, IBM Corporation, Morgan Stanley and Accenture have committed financial and in-kind support totaling $8.5 million to the Brave of Heart Fund, established to provide financial and emotional support to the surviving family members of frontline health care workers and volunteers who lose their lives in the COVID-19 fight. Bank of America has contributed $5 million to the fund, with Morgan Stanley contributing $1 million and Accenture committing $500,000. The fund has also received more...
5/20/20 9:30 am EDT
Brian Moynihan, chairman and CEO, Bank of America, will participate in the Bernstein Strategic Decisions Conference on Wednesday, May 27, 2020 at 2:30 p.m. Eastern Time. A live audio webcast of this virtual event will be accessible through the Bank of America Investor Relations website at http://investor.bankofamerica.com. A replay will also be available.   Bank of America Bank of America is one of the world’s leading financial institutions, more...
5/19/20 4:01 pm EDT

First Bond Issued by a U.S. Commercial Bank Entirely Focused on COVID-19 Pandemic

Bank of America announced today the issuance of a $1 billion corporate social bond to support the fight against the COVID-19 pandemic, the first such offering by a U.S. commercial bank. The four-year bond, which is callable in three years, will pay interest semi-annually at a fixed rate of 1.486% for the first three years, and will pay interest quarterly at a floating rate thereafter. This offering is the seventh environmental, social and governance (ESG)-themed bond issued by Bank of America more...