Tag: Bank Of America Corp.
Survey: Many U.S. workers optimistic about financial future despite feeling inflation...
PROVIDENCE – Slightly more than half, or 56%, of employees are cautiously optimistic about their financial well-being over the next two to three years,...
Bank of America to increase U.S. minimum hourly wage to $23...
PROVIDENCE – Bank of America Corp. will again increase its U.S. minimum hourly wage for employees as part of its plan to pay $25...
Establish a financial footing early
As Rhode Island students are settling into a new college year and recent grads are embarking on their first full-time jobs, with these big...
BofA alias solution supports payments between businesses and consumers in Canada
PROVIDENCE – Bank of America Corp.’s Global Digital Disbursements alias solution is now available to the bank’s commercial clients holding deposit accounts at its...
Bank of America refinances $500M of Gabon’s sovereign debt as part...
PROVIDENCE – Bank of America Corp. has refinanced $500 million of sovereign debt of the Gabonese Republic in Africa, the bank announced.
The transaction –...
Bank of America: 401(k) balances up 10%, HSA balances up 12%...
PROVIDENCE – Average 401(k) balances increased by 9.6%, or $7,250, since the end of 2022, according to the Q2 2023 Participant Pulse report released...
Bank of America: 75% of midsized businesses in U.S. expect revenue...
PROVIDENCE – Three-quarters of midsized business owners expect their revenue to increase and 71% are planning to hire over the next 12 months, according...
Bank of America internships help provide R.I. teens career-building opportunities
PROVIDENCE – Four Rhode Island students were selected as Bank of America Corp. Student Leaders, a program that provides students with firsthand experience in...
BofA earns J.D. Power customer service certification for 14th consecutive year
PROVIDENCE – Bank of America Corp.’s Corporate, Global Commercial and Business Banking Services have been recognized for providing “an outstanding customer service experience” by...
Bank ‘stress tests’ by Fed may have overlooked weaknesses in system
The 23 largest banks in the U.S. – including Providence-based Citizens Financial Group Inc. – recently passed the Federal Reserve’s “stress test,” but some...
