China's central bank governor Pan Gongsheng met Bank of America's president of international business Bernard Mensah earlier this week to discuss economic and financial matters, the People's Bank of China said in a statement on Friday.

Bank of America continues to set the pace for sustainable finance in North America, combining scale, innovation and execution across sectors and asset classes.

The Bank of America branch in Exeter will soon be closing. The location at 100 E. Pine St. will close in October. The explanation given for the closure is that people’s banking habits have changed, according to Colleen Haggerty, senior vice president of media relations for Bank of America.

The company deployed automated coding tools to its 17,000 software developers, CEO Brian Moynihan said Wednesday.

Bank of America is one of the few US banks that can claim to be genuinely national. Diverse businesses, healthily balanced between fees and net interest income, generated total revenues surpassing $100 million last year, and it wins Euromoney’s award as best bank in North America.

Bank of America is working on launching a stablecoin, and investors can expect the lender to move forward with the cryptocurrency, CEO Brian Moynihan said on Wednesday, without giving a timeline. Stablecoins,

Q2 2025 Management View CEO Brian Thomas Moynihan highlighted solid consumer spending, improving credit quality, and robust commercial loan growth as key drivers for the quarter. He noted, “We produced another solid quarter of revenue growth,

Cash levels dropped to 3.9% from 4.2%, triggering a sell signal on BofA’s proprietary trading model. This is the second sell signal prompted in the last week by BofA trading rules, after inflows to global equity and high-yield bonds exceeded 1% of assets under management over a four-week period.