Eastern, October 18, 2022 at 9:00 AM In 2020, more than 90% of teammates (nearly 185,000 people) participated, demonstrating our employees willingness to give us feedback on how we are meeting their needs. Get the latest stories, videos, and podcasts from Forbes India directly in your inbox every Saturday. These ads are based on your specific account relationships with us. Eastern, October 4, 2022 at 10:00 AM Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange. Nearly half (47%) have cryptocurrency holdings. When you visit these sites, you are agreeing to all of their terms of use, including their privacy and security policies. [Visual of tiles zoom out from the shape and slide from one to the next showcasing an array of articles, concluding with articles in Spanish. Opinions or ideas expressed are not necessarily those of Bank of America nor do they reflect their views or endorsement. Pennsylvanias tree planting and distribution efforts will occur in low tree canopy areas found in predominantly Black and Hispanic communities located near the Schuylkill River in Montgomery County. Through a global network of partnerships, the Foundation facilitates projects that empower organizations of all sizes to reach their environmental and sustainability goals via measurable, impactful work through trees and forests. The Community Resiliency Grant Program helps empower local tree planting organizationsto unlock these and other vital benefits that trees provide for vulnerable populations.". This material does not take into account your particular investment objectives, financial situations or needs and is not intended as a recommendation, offer or solicitation for the purchase or sale of any security, financial instrument, or strategy. To learn more about relationship-based ads, online behavioral advertising and our privacy practices, please review the Bank of America Online Privacy Notice and our Online Privacy FAQs. With hundreds of engaging videos, articles and resources, available in both English and Spanish, anyone can find precisely the right tools and information for their situation. If you prefer that we not use this information, you can opt out of online behavioral advertising. Plus, thousands of our employees volunteer as Better Money Habits Champions in their communities. Eastern, October 19, 2022 at 8:20 PM Bank of America offers industry-leading support to approximately 3 million small business households through a suite of innovative, easy-to-use online products and services. Bank of America, N.A. Also, if you opt out of online behavioral advertising, you may still see ads when you sign in to your account, for example through Online Banking or MyMerrill. Were committed toproviding extensive, personalized supporttohelp peoplegain the knowledge they need tomake confidentfinancialdecisions. This information may be used to deliver advertising on our Sites and offline (for example, by phone, email and direct mail) that's customized to meet specific interests you may have. The theme of COP27 in Egypt is Together for Implementation. Touch device users, explore by touch or with swipe gestures. Check out our Festive offers upto Rs.1000/- off website prices on subscriptions + Gift card worth Rs 500/- from Eatbetterco.com. Lending, derivatives, and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., Member FDIC. August 29, 2022. Merrill Lynch, Pierce, Fenner & Smith Incorporated (also referred to as MLPF&S or Merrill) makes available certain investment products sponsored, managed, distributed or provided by companies that are affiliates of Bank of America Corporation (BofA Corp.). Our teams know the local landscape in community banks around the country and theyre trained on products and services that will best serve their neighborhoods. BofA Securities, Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated and Merrill Lynch Professional Clearing Corp. are registered as futures commission merchants with the CFTC and are members of the NFA. The more natural elements a community has access to such as trees, greenspace, and other vegetation the better the communitys health outcomes become. As we see among our client families, financial behaviors and values take shape early in life and live on in the legacies passed from one generation to the next. Line of business learning and development programs may include enterprise development content, as well as specific role-based programming. The MA report highlights ways in which businesses depend on ecosystem services (such as the provision of water and food, control of pests, flood control and others), how those services are changing, and the ramifications for business and industry. The family wealth talk is happening but starts late and doesnt equate to financial preparedness: 68% of parents surveyed say they have talked with their children about their familys wealth, including how much money the next generation stands to inherit. The grant awardee organizations are the following environmental nonprofits: A well-established tree canopy is valuable to any community as it contributes to the natural beauty of the area andenhancesthe overall well-being of residents, helping to protect them from serious issues like excessive urban heat, said Dan Lambe, Chief Executive of the Arbor Day Foundation. Content contained herein may have been produced by an outside party that is not affiliated with Bank of America or any of its affiliates (Bank of America). If you opt out, though, you may still receive generic advertising. Investing in securities involves risks, and there is always the potential of losing money when you invest in securities. A message from Jeff Busconi, Head of Private Bank Services at Bank of America Bank of America Coronavirus Resource Center, How we help people, companies and institutions realize their financial goals. Before acting on any information in this material, you should consider whether it is suitable for your particular circumstances and, if necessary, seek professional advice. Read latest breaking news, updates, and headlines. Grubhub and Bank of America today announced eligible Bank of America cardholders can receive Grubhub+ free for one year, providing unlimited $0 delivery fees on orders of $12 or more and exclusive perks from restaurants on Grubhub.. Securities, strategic advisory, and other investment banking activities are performed globally by investment banking affiliates of Bank of America Corporation ("Investment Banking Affiliates"), including, in the United States, BofA Securities, Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, and Merrill Lynch Professional Clearing Corp., all of which are registered broker-dealers and Members ofSIPC, and, in other jurisdictions, by locally registered entities. In 2020, the Arbor Day Foundation recognized the bank with its Friend of the Forest Award, which recognizes companies and their leaders for their commitment to using trees and forests to achieve corporate sustainability goals and targets. If you save $7 each day you pack a lunch, youd save a total of $1,890 over 270 days.], developed by Bank of America experts, based on what matters most to you. To learn more about relationship-based ads, online behavioral advertising and our privacy practices, please review the Bank of America Online Privacy Notice and our Online Privacy FAQs. It contributes to the strength and sustainability of our company for the future, and it supports the work we do today to serve our customers, clients, communities and shareholders. Showing 1 Company goals are aspirational and not guarantees or promises that all goals will be met. According to Justin Baer, BNY Mellon is the first of eight US banks that financial regulators have given permission to hold digital assets. Bank of America offers industry-leading support to approximately 3 million small business households through a suite of innovative, easy-to-use online products and services. He calls on those who have their hands raised.]. Trust and fiduciary services are provided by Bank of America, N.A. Merrill Lynch, Pierce, Fenner & Smith Incorporated (also referred to as MLPF&S or Merrill) makes available certain investment products sponsored, managed, distributed or provided by companies that are affiliates of Bank of America Corporation (BofA Corp.). and U.S. Trust Company of Delaware. That is the power of this company; that is the strength of the model and the balance we are striking to ensure we are doing all we can for our customers and clients, while optimizing our balance sheet to perform efficiently with the post-crisis regulations. However, just 41% of older generations think the next generations philanthropic efforts will be equally effective as their own. Business ethics, corporate governance & risk management: includes our commitment to upholding the highest standards of corporate governance and ethical conduct. [The Better Money Habits logo fades and the Bank of America logo appears on screen. We want to see more and more people in underserved areas improve their upward mobility. Bank of America Coronavirus Resource Center, How we help people, companies and institutions realize their financial goals. Webpages from Better Money Habits shift into the frame, showing a variety of articles, infographics, videos, and content including webpages titled Going from Military to Civilian Life and What to consider when buying your first home. Kelly Sapp, Bank of America All rights reserved. 2022 Bank of America Corporation. To learn more about relationship-based ads, online behavioral advertising and our privacy practices, please review the Bank of America Online Privacy Notice and our Online Privacy FAQs. Merrill Lynch, Pierce, Fenner & Smith Incorporated (also referred to as MLPF&S or Merrill) makes available certain investment products sponsored, managed, distributed or provided by companies that are affiliates of Bank of America Corporation (BofA Corp.). Also, if you opt out of online behavioral advertising, you may still see ads when you sign in to your account, for example through Online Banking or MyMerrill. The younger generation is more optimistic about their ability to achieve philanthropic goals 87% believe their giving will be more effective than earlier generations. Any opinions expressed herein are given in good faith, are subject to change without notice, and are only correct as of the stated date of their issue. Eastern, October 11, 2022 at 1:00 AM This funding will contribute to projects aimed at increasing environmental equity in several underserved neighborhoods and vulnerable communities in four cities across the country. He ventured into crypto in 2013 and is an ETH maximalist. Securities, strategic advisory, and other investment banking activities are performed globally by investment banking affiliates of Bank of America Corporation ("Investment Banking Affiliates"), including, in the United States, BofA Securities, Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, and Merrill Lynch Professional Clearing Corp., all of which are registered broker-dealers and Members ofSIPC, and, in other jurisdictions, by locally registered entities. The first tenet of responsible growth is that we have to grow, no excuses. "Bank of America" is the marketing name for the global banking and global markets business of Bank of America Corporation. Sowe formed a partnership to hold several Better Money Habits seminars each year for underserved communities, uniting the participants around their love for the home team. Since 2012, our Employee Engagement Index has steadily increased to record levels at 91%. This material does not take into account your particular investment objectives, financial situations or needs and is not intended as a recommendation, offer or solicitation for the purchase or sale of any security, financial instrument, or strategy. Whereas investors over the age of 43 maintain that U.S. equities offer the best opportunity for growth in the future, young investors think the greatest growth opportunities lie somewhere in the transformative digital asset space. Touch device users, explore by touch or with swipe gestures. This material does not take into account your particular investment objectives, financial situations or needs and is not intended as a recommendation, offer or solicitation for the purchase or sale of any security, financial instrument, or strategy. Bank of America does not assume liability for any loss or damage resulting from anyone's reliance on the information provided. Fifty-eight percent of respondents have limited or no understanding of trusts. Insurance and annuity products are offered through Merrill Lynch Life Agency Inc. (MLLA), a licensed insurance agency and wholly-owned subsidiary of BofA Corp. The Foundation recently announced an initiative to plant 500 million trees over the next five years where trees are needed most. ], That's why we created Better Money Habits, financial education to help anyone turn "I don't know" into "let's go. Bank of America Private Bank Study Finds Younger Investors Turning to Alternatives, Sustainability and Digital Assets to Create Wealth, 75% of young investors say its impossible to achieve above-average returns solely with traditional stocks and bonds, Half of parents believe children arent prepared to handle family money; waiting until children are in their late-20s to initiate conversations about the transfer of wealth. Bank of America Corporation stock(NYSE: BAC)is listed on the New York Stock Exchange. Merrill Lynch, Pierce, Fenner & Smith Incorporated (also referred to as MLPF&S or Merrill) makes available certain investment products sponsored, managed, distributed or provided by companies that are affiliates of Bank of America Corporation (BofA Corp.). As an example, this year, we launched Credit College, which provides self-directed and virtual instructor-led training, and continue to invest in programs like Global Technology & Operations University. Eastern, October 27, 2022 at 9:00 AM Bank of America has not been involved in the preparation of the content supplied at the unaffiliated sites and does not guarantee or assume any responsibility for its content. The Nature Conservancy is a nonprofit, tax-exempt charitable organization (tax identification number 53-0242652) under Section 501(c)(3) of the U.S. Internal Revenue Code. This material does not take into account your particular investment objectives, financial situations or needs and is not intended as a recommendation, offer or solicitation for the purchase or sale of any security, financial instrument, or strategy. Weve transformed Bank of America into a simpler, more efficient company that combines two crucial areas: growing the economy while creating tangible value for our business. - 27 of These materials are for informational purposes only. This includes being a diverse and inclusive workplace, attracting and developing talent, recognizing and rewarding performance, and supporting our employees physical, emotional and financial wellness. Our site isfully translated into Spanish to reach a broader audience. ], [A visual shows a Bank of America Champion volunteer speaking to a crowded room. Theyre all ways to answer the questions that matter. practical, easy-to-understand knowledge about money, you can opt out of online behavioral advertising. Lending, derivatives, and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., Member FDIC. Merrill Lynch, Pierce, Fenner & Smith Incorporated (also referred to as MLPF&S or Merrill) makes available certain investment products sponsored, managed, distributed or provided by companies that are affiliates of Bank of America Corporation (BofA Corp.). In Georgia, trees will be planted in Atlantas surrounding communities, with additional focus on developing community outreach operations in Clayton County and South Fulton. Opinions or ideas expressed are not necessarily those of Bank of America nor do they reflect their views or endorsement. These materials are for informational purposes only. The company serves clients through operations across the United States, its territories and approximately 35 countries. The company provides unmatched convenience in the United States, serving approximately 67 million consumer and small business clients with approximately 4,000 retail financial centers, approximately 16,000ATMsand award-winning digital banking with approximately 55 million verified digital users. These materials are for informational purposes only. Eastern, October 26, 2022 at 10:00 AM Bank of America has not been involved in the preparation of the content supplied at the unaffiliated sites and does not guarantee or assume any responsibility for its content. A second callout reads Save $500-$1,900/yr. Eastern, October 14, 2022 at 8:57 AM The financial behemoth managed $2.4 trillion in assets in 2021. Today, many urban neighborhoods in lower income census tracts lack access to greenspaces. Weve expanded our award winning Career Path Tool. Reporters may contact: Jessica Oppenheim, Bank of America Phone: 1.646.855.1600 At all levels of our company, we provide current and prospective teammates with visibility into available roles and cross-functional opportunities as they consider whats next for their careers. Certain links may direct you away from Bank of America to an unaffiliated site. If you prefer that we not use this information, you can opt out of online behavioral advertising. Equal Housing Lender Company goals are aspirational and not guarantees or promises that all goals will be met. [Visual of a multifaceted shape emerges, with each side displaying different clips. Securities, strategic advisory, and other investment banking activities are performed globally by investment banking affiliates of Bank of America Corporation ("Investment Banking Affiliates"), including, in the United States, BofA Securities, Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, and Merrill Lynch Professional Clearing Corp., all of which are registered broker-dealers and Members of SIPC, and, in other jurisdictions, by locally registered entities. Securities, strategic advisory, and other investment banking activities are performed globally by investment banking affiliates of Bank of America Corporation ("Investment Banking Affiliates"), including, in the United States, BofA Securities, Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, and Merrill Lynch Professional Clearing Corp., all of which are registered broker-dealers and Members ofSIPC, and, in other jurisdictions, by locally registered entities. We recognize how important it is for employees to develop and progress in their careers. The results of the survey and the process of continuous improvement that ensues is discussed with the Board at least annually. Lending, derivatives, and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., Member FDIC. Graphic: Bank of America logo Audio: Jazz music playing Graphic: Bank of America presents Masterpiece Moment Video: Exterior and interior shots of the RISD Museum On-screen text: RISD Museum, Rhode Island School of Design, Providence Video: The painting The Eternal Presence (An Homage to Alejandro Garca Caturla), 1944, by Wifredo Lam. people increased their checking balance by 20% or more. Bank of America is certified by J.D. On June 11, 2019, the World Bank Board of Directors approved the 2019-2023 Country Partnership Framework (CPF) with Ecuador.This document establishes. Everyone has a role to play in managing risk. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. a funding and technical assistance program to support the countrys development and growth efforts. Millions of people access the knowledge every year, and thousands of our employees use the materials in-person with customers in every community we serve. Eastern, October 26, 2022 at 8:00 AM Escalent, an independent market research company, conducted an online survey on behalf of Bank of America from May-June 2022. Among those without a trust, the younger generation is more inclined to consider using them in their estate plans (91%) than older generations (56%). Opinions or ideas expressed are not necessarily those of Bank of America nor do they reflect their views or endorsement. We offer a range of development programs for leaders who show potential as future business and C-level executives, including: Womens Next Level Leadership Program: Provides assessments, strategies and tactics to help multicultural women in progressing their careers through an eight-month virtual development experience; Womens Executive Development Program: Leverages Social Sustainability and Inclusion focuses on the need to put people first in development processes. Since BNY Mellon has been investing in cryptos for a while, it recommended that Irish authorities implement regulatory standards for digital assets in October 2021, before the European Union defined legislation. ], With articles, videos and tools about everything from budgeting and homeownership to credit and retirement, people can get free, objective, and actionable guidance, [Visual of a video emerges from the shape, the play button is pressed, and the video plays showcasing an animated man determining his monthly expenses. The survey consisted of 1,052 high-net-worth (HNW) respondents throughout the U.S. Respondents in the study were over the age of 21 with at least $3 million in investable assets, excluding primary residence. Eastern, October 24, 2022 at 9:00 AM Shashank is founder at yMedia. "Bank of America" is the marketing name for the global banking and global markets business of Bank of America Corporation. Member FDIC. Both are indirect subsidiaries of Bank of America Corporation. A near equal number (58%) plan to sell a valuable work in the next 12 months. Get information on latest national and international events & more. Transfer money in real time 2 from Bank of America banking accounts with instant access to place trades. Investment products offered through MLPF&S and insurance and annuity products offered through MLLA: "Bank of America" is the marketing name for the global banking and global markets business of Bank of America Corporation. We also partner with Year Up and other nonprofit organizations to help individuals prepare for the challenges of first-time professional employment and a potential career with us, including those without a college education or whose life circumstances may prevent them from accessing professional employment. The Los Angeles Dodgers Foundation (LADF) shares our goal of empowering people in greater Los Angeles with financial knowledge thats relevant to their day-to-day lives and their futures. Eastern, October 10, 2022 at 7:00 AM We offer a range of development programs for leaders who show potential as future business and C-level executives, including: To drive manager capabilities and build leadership skills, we offer resources for new and seasoned leaders, including: In 2019, more than 90% of eligible managers voluntarily participated in some form of manager development program. Investing in securities involves risks, and there is always the potential of losing money when you invest in securities. MLPF&S is a registered broker-dealer, registered investment adviser, MemberSIPCand a wholly owned subsidiary of BofA Corp. Trust and fiduciary services are provided by Bank of America Private Bank, a division of Bank of America, N.A., Member FDIC, and a wholly-owned subsidiary of Bank of America Corporation (BofA Corp.). Statistics and metrics included in our ESG documents are estimates and may be based on assumptions or developing standards. During March 2017 operational excellence is a free financial education platform for people from walks Together for Implementation 2018, from 12 % to 26 % of parents think their children well Between the focuses in Bank of America Champion volunteer speaking to a room. Days costs $ 729 get the latest stories, videos, and there is always the of! And down arrows to review and enter to select pounding beat and a high-energy.. Href= '' https: //newsroom.bankofamerica.com/content/newsroom/press-releases/2022/09/arbor-day-foundation-accelerates-local-tree-plantings-in-neighbo.html '' > Overview < /a > Upper Right Quadrant their parents provide a of. 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