Press Releases

2/14/19 8:53 am EST

Fortune Magazine Also Names Company as Only Bank on “Best Big Companies to Work For” List

Bank of America today was recognized as one of the “100 Best Companies to Work For” by Fortune magazine and the global research and consulting firm, Great Place to Work®. Bank of America also was recognized as the only financial services company on Fortune’s inaugural “Best Big Companies to Work For” list, which recognizes seven companies with more than 100,000 U.S.-based employees that passed the Great Place to Work® Certification bar more...
2/7/19 5:24 pm EST
Bank of America Corporation today announced an increase to its common stock repurchase program by an additional $2.5 billion in common stock to be repurchased by June 30, 2019. The company previously announced plans on June 28, 2018 to repurchase $20.0 billion in common stock from July 1, 2018 through June 30, 2019, plus repurchases to offset shares awarded under equity-based compensation plans during the same period, estimated to be approximately $0.6 billion. The company’s Board of more...
2/7/19 9:00 am EST

Study Explores Why Leaving a Legacy Can Be One of Life’s Greatest Gifts to Loved Ones

A new study by Merrill Lynch conducted in partnership with Age Wave finds nearly half of Americans ages 55 and older do not have a will, despite the widely held belief that people should have their end-of-life affairs in order before they turn 50. Furthermore, only 18 percent of people over the age of 55 have all three expert-recommended legacy plan essentials, which include: A will. A health care directive. A durable power of attorney.     more...