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Bank of America

🌎 bankofamerica.com

Bank of America is one of the world's largest financial institutions, providing a comprehensive range of banking, investing, asset management, and financial services to individuals, small and middle-market businesses, and large corporations. With approximately 56 million consumer and small business relationships in the U.S., it is a leader in wealth management and corporate and investment banking.

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Updates as of Oct 03, 2024

• Bank of America launched a new B2B payments solution called Virtual Payables Direct, allowing buyers to make GBP or EUR payments via virtual card to suppliers preferring bank transfers, as announced by Chris Jameson, head of GPS EMEA Product.
• Bank of America, as the prime broker for Citadel, is suspected to hold toxic GameStop swaps/derivatives, putting it in a precarious position.
• Bank of America launched SafeBalance Banking for Family Banking, a new checking account aimed at helping parents teach children under 16 healthy financial habits, as announced by Mary Hines Droesch, head of product for consumer, business and wealth management banking and lending.
• Lora Monfared Monfared has joined Bank of America as Head of Consumer Credit Cards.
• American Banker recognized several Bank of America leaders in their Most Powerful Women in Banking and Finance lists.

• Anant Pathak, Vice President and Audit Supervisor at Bank of America, was recognized as an Emerging Leader by The Institute of Internal Auditors Inc.
• Christian Raaz, Vice President and Sr. Small Business Banker at Bank of America, presented at a workshop on October 2 aimed at helping the Latino community start businesses.
• Jesse Franklin has transitioned to the role of SVP, Senior Business Banking Relationship Manager at Bank of America Merrill Lynch.
• Bank of America Winter Village is set to open in 22 days, offering activities like skating and igloos.
• Brian Moynihan, CEO of Bank of America, stated that Bitcoin is highly speculative and could potentially become worthless.
• Bank of America is currently hiring for the position of GCIB / GM KYC Change VP in the United States.
• Bank of America is currently hiring for the position of Vice President, Private Equity and Leveraged Funds Credit Risk Officer in Hong Kong.
• Bank of America is currently hiring for the position of Assistant Vice President – Client Onboarding Advisor in Singapore.
• Prabhakaran Vasudevan has joined Bank of America as a Director in the United States, previously serving as a Director at Deutsche Bank.
• Bank of America is currently hiring a Business Control Manager-Regulatory Management Team in the United States.
• Carlos Sola has joined Bank of America as Vice President - Feature Lead in Mexico, previously serving as Technical Delivery Manager at BizPro de México.
• Bank of America is currently hiring for the position of Audit Supervisor - Data Digital & Global Marketing in the United States.
• Bank of America is currently seeking a Vice President/Director, Global Financial Crime Manager (Japan Sanctions) in Japan.
• Bank of America co-presented the World Medical Innovation Forum with Mass General Brigham, featuring CEO Brian Moynihan in a discussion on innovation and investment in Massachusetts.

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