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MARKET
BAC-PRE
BAC-PRE
Bank Of America
NYSE
23.56
-0.05
-0.21%
Opening 13:07 04/24 EDT
OPEN
23.71
PREV CLOSE
23.61
HIGH
23.71
LOW
23.43
VOLUME
8.24K
TURNOVER
0
52 WEEK HIGH
23.87
52 WEEK LOW
18.56
MARKET CAP
298.99M
P/E (TTM)
8.14
1D
5D
1M
3M
1Y
5Y
UPDATE 1-Goldman Sachs, BofA shareholders reject proposals for CEO-chair split
Goldman Sachs, BofA shareholders reject proposals for CEO-chair split at both banks. Proxy advisers had urged shareholders to support the moves to strip CEO and chairman roles. Both banks bucked pressure from influential proxy advisers to bolster corporate governance. A similar move at Bank of America failed to win support.
Reuters · 7h ago
UPDATE 1-Goldman Sachs taps BofA bankers for India dealmaking roles, sources say
Goldman Sachs taps BofA bankers for India dealmaking roles, sources say. India is the world's second busiest IPO market this year after the United States. Both hires have previously worked at Bank of America BAC.N. Goldman earned $16 million in investment banking fees in the region in first quarter of 2024.
Reuters · 8h ago
Bank of America shareholders reject proposal to split CEO, chair roles
Bank of America shareholders reject proposal to split CEO, chair roles. Proxy advisers had recommend investors vote for the bank to separate the positions. The proposal was backed by 31% of shareholders at the company's virtual annual meeting. All of BofA's management proposals were approved.
Reuters · 9h ago
GOLDMAN HIRES SUNIL KHAITAN AS INDIA HEAD OF FINANCING, KAMNA SAHNI AS INDIA HEAD OF M&A-SOURCES
Reuters · 9h ago
Bank Of America: Prospectus [Rule 424(b)(2)]
Press release · 1d ago
UPDATE 1-Big banks face probe over NDAs in swaps, clearing businesses, Bloomberg reports
Commodity Futures Trading Commission asks banks for NDAs in swaps, clearing businesses, Bloomberg reports. CFTC wants to see if banks are preventing would-be whistleblowers from speaking out, report says. JPMorgan Chase, Bank of America and Citigroup among banks facing probe.
Reuters · 1d ago
What to Watch in the Day Ahead - Wednesday, April 24
Meta Platforms' revenue is expected to grow 26% as AI investments drive higher engagement at Instagram. Boeing expected to report a much higher cash burn and its first revenue fall in seven quarters. AT&T expected to post weak subscriber additions in the first quarter. Census Bureau to report orders for durable goods rose 2.5% in March.
Reuters · 1d ago
MEDIA-Big banks face probe over non-disclosure agreements in swaps, clearing businesses- Bloomberg News
Reuters · 1d ago
About BAC-PRE
Bank of America Corporation is a bank holding company and a financial holding company. Its segments include Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking and Global Markets. Consumer Banking segment offers a range of credit, banking and investment products and services to consumers and small businesses. The GWIM includes two businesses: Merrill Wealth Management, which provides tailored solutions to meet clients' needs through a full set of investment management, brokerage, banking and retirement products and Bank of America Private Bank, which provides comprehensive wealth management solutions. Global Banking segment provides a range of lending-related products and services, integrated working capital management and treasury solutions, and underwriting and advisory services. Global Markets segment offers sales and trading services and research services to institutional clients across fixed-income, credit, currency, commodity, and equity businesses.
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