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866.23999 MXN
12.13
1.42%
Last update Mar 31, 11:54 AM CST
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Bank of America Corporation
866.24
12.13
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Overview

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Description

Bank of America Corporation is one of the largest financial institutions in the United States, managing over $3.2 trillion in assets and operating primarily through four key segments: Consumer Banking, Global Wealth & Investment Management, Global Banking, and Global Markets. Founded in 1784 and headquartered at the Bank of America Corporate Center in Charlotte, North Carolina, it delivers a broad spectrum of financial products and services to individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. The Consumer Banking segment encompasses branches, deposit operations, retail lending, credit and debit cards, and small-business services, while Merrill Lynch provides brokerage and wealth-management solutions alongside its private bank. Wholesale operations include investment banking, corporate and commercial real estate lending, and capital markets activities. Classified in the diversified banks industry within the banks sector, Bank of America maintains a significant global presence with approximately 213,000 employees and continues to play a pivotal role in the financial markets through its extensive operations.

About

CEO
Mr. Brian Thomas Moynihan
Employees
213000
Address
Bank of America Corporate Center
100 North Tryon Street
Charlotte, 28255, NC
United States
Phone
(704) 386-5681
Instrument type
Common stock
Sector
Financial Services
Industry
Banks - Diversified
Country
Mexico
MIC code
XMEX
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Latest press releases

Mar 26, 2026
Record-breaking performance highlights 45th Bank of America Shamrock Shuffle

Sold-out field celebrates the start of spring running season in Chicago

CHICAGO, March 26, 2026 /PRNewswire/ -- More than 26,000 participants crossed the finish line on a bright and windy Sunday morning in Grant Park at the 45th running of the Bank of America Shamrock Shuffle. Emma Grace Hurley broke Deena Kastor's 21-year-old American women's 8K record, crossing the finish line in 24:29, while Mohammed Ahmed took the crown in the men's race in 22:59. Melanie Hamilt was the non-binary division champion, winning in 29:07. Hannah Babalola and Ethan Burkhart won the wheelchair competition.

"Chicago extended its reputation as the city of records today at the Bank of America Shamrock Shuffle," said Carey Pinkowski, Executive Race Director. "From inspiring performances in the Deloitte Elite Club Competition to thousands of participants celebrating the start of spring racing in Chicago, it was the perfect way to kick off the 2026 Bank of America Chicago Distance Series."

Emma Grace Hurley of the Working Man's Track Club ran alone in the women's race, crossing the finish line 26 seconds before second-place finisher Karissa Schwizer of Swoosh TC. Schwizer's 24:56 was the third fastest women's finish time in event history, behind Hurley's newly minted American record and Kastor's 24:36 performance in 2005. Courtney Frerichs, also of Swoosh TC, rounded out the women's podium in 26:08.

The men's race saw closer competition, with seven men running together through the 5K mark. Mohammed Ahmed of Swoosh TC pulled away to win the race in 22:59. Chandler Gibbens followed close behind, taking second in 23:04, and JP Flavin of Hansons-Brooks Distance Project came in third with a 23:09.

The Bank of America Shamrock Shuffle hosted the 16th Deloitte Elite Club Competition, featuring 70 elite USATF-member club teams from around the country. The teams competed head-to-head for a $30,000 prize purse. On the men's side, Hansons-Brooks ODP won with their top four runners clocking a combined score of 1:34:20. The Track Club Boulder finished second in 1:35:01, and Working Man's Track Club A finished third in 1:35:40.

In the women's competition, Hansons-Brooks Original Distance Project rose to the top of the podium with a combined score of 1:47:07. Working Man's Track Club finished second in 1:47:54, and DWRunning Women finished third in 1:49:42.

The Deloitte Elite Club Competition also featured a mixed division, with teams combined of at least two men and at least two women. Swoosh TC took the title with a time of 1:37:23. Hansons-Brooks ODP came in second in 1:41:42, and Peninsula Distance Club finished third in 1:42:35.

Full results from the 2026 event are available at shamrockshuffle.com.

The 46th running of the Bank of America Shamrock Shuffle will take place on Sunday, March 21, 2027. Shuffle on, Chicago!

Event photos are available online. To access the photos, you will need to sign up for a free account. Credit Bank of America Shamrock Shuffle/Kevin Morris.

Bank of America Shamrock Shuffle

Long recognized as an annual rite of spring, a celebration of St. Patrick's Day and the kickoff to the outdoor running season in Chicago, the Bank of America Shamrock Shuffle treats runners to a scenic 8K Run through downtown Chicago and 2-Mile Walk along Chicago's lakefront. Following the race runners enjoyed live music at the Post-Race Party in Grant Park.  

Reporters may contact

Alex Sawyer, Bank of America Shamrock Shuffle

Phone: 1.312.909.3817

alex.sawyer@cemevent.com

Diane Wagner, Bank of America

Phone: 1.312.992.2370

diane.wagner@bofa.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/record-breaking-performance-highlights-45th-bank-of-america-shamrock-shuffle-302726302.html

SOURCE Bank of America Corporation

Mar 26, 2026
Merrill and Bank of America Private Bank Launch AI-Powered Meeting Journey

AI solution modernizes the full lifecycle of client engagement

New capability can save financial advisors up to four hours per meeting across millions of meetings annually

Key Points

  • Merrill and Bank of America Private Bank introduce an AI-powered meeting solution to transform the advisor-client experience.
  • The solution's intelligent workflow tools help deliver meeting prep materials, summaries, and actionable next steps.
  • This capability expands the firm's growing suite of techenabled workflows as Bank of America accelerates its enterprise‑wide deployment of purpose‑built AI.

NEW YORK, March 26, 2026 /PRNewswire/ -- Bank of America's Wealth Management businesses, Merrill Wealth Management and Bank of America Private Bank, today announced the full-scale rollout of AI‑Powered Meeting Journey, an integrated solution that helps optimize how advisors and their teams prepare for, conduct, and follow up on client meetings. The streamlined meeting experience enables advisors to redirect meaningful time toward strategic planning and deeper client engagement.

"AIPowered Meeting Journey represents a meaningful advancement in how the wealth management industry uses AI," said Patricio Diaz, Chief Operating Officer at Merrill. "This latest solution empowers advisors to shift capacity toward activities that drive business growth and strengthen how we serve clients."

AI-Powered Meeting Journey Core Capabilities

  • Meeting Prep: Quickly searches and consolidates client relationship insights and recent activity into ready‑to‑use prep materials to enable more personalized and productive client conversations.
  • Meeting Summarization: With client consent, acts as an AI notetaker during virtual meetings, capturing discussion highlights and creating a shareable meeting summary.
  • Meeting FollowUp: Summarizes meeting decisions and next steps based on meeting notes, generating tasks and documentation.

"Early users of the Meeting Prep and Meeting Summarization capabilities are already seeing significant improvements in their workflows," said Shimna Sameer, Head of Products, Solutions & Platforms at Bank of America Private Bank. "This is time our teams are reinvesting into client engagement, with even more proactive guidance and meaningful support."

Q&A: Bank of America's Approach to AI in Wealth Management

Q: How is AI used at Bank of America today?

A: Bank of America invests $13.5 billion annually on technology. Of this, $4 billion is dedicated to new initiatives, such as AI. AI is helping transform employee productivity and strengthen operational excellence. By leveraging AI at scale across our global operations, we are expanding capabilities, optimizing process efficiency, and driving exceptional client service.

Q: Why is AI a strategic priority for Bank of America's wealth management businesses?

A: AI enables us to deliver more personalized, efficient, and intuitive experiences for clients. AI increases advisors' capacity to focus on deeper client conversations, strategic planning, and long‑term relationship building.

Q: What's next for AI in Merrill and Private Bank?

A: We will continue expanding AI capabilities that strengthen advisor‑client relationships. Future advancements will focus on accelerating advisor efficiency, enhancing personalization and supporting more proactive guidance delivered through our high‑tech, high‑touch approach.

Q: What role will advisors continue to play as AI becomes more widely used in wealth management?

A: The role of the advisor will always remain central to the client relationship. While AI can enhance efficiency, it cannot replace the valuable judgment, empathy, understanding and personal connection advisors bring to clients.

Q: Has Bank of America been an early adopter of AI?

A: Bank of America has been investing in AI for more than a decade, taking a disciplined approach to developing and deploying AI solutions effectively and responsibly at scale. We work to ensure our AI solutions and investments are reusable across different areas of the business. For example, in 2018, we launched Erica®, the first widely adopted AI‑driven virtual financial assistant. Since then, clients have interacted with Erica more than 3.2 billion times. We leveraged the same underlying technology to launch ask MERRILL® and ask Private Banking®, helping advisors and employees quickly find information, connect with colleagues, and better serve clients.

Bank of America

Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving nearly 70 million clients with approximately 3,600 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 59 million verified digital users. 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. Bank of America offers industry-leading support to approximately 4 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and more than 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.

For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and register for news email alerts.

Reporters may contact

Carolyn Batt, Bank of America     

Phone: 1.646.983.1369

carolyn.batt@bofa.com

Important disclosures

Investing involves risk. There is always the potential of losing money when you invest in securities. Past performance does not guarantee future results.

Merrill, its affiliates, and financial advisors do not provide legal, tax, or accounting advice. You should consult your legal and/or tax advisors before making any financial decisions.

This material does not take into account a client's 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 or investment strategy. Merrill offers a broad range of brokerage, investment advisory and other services. There are important differences between brokerage and investment advisory services, including the type of advice and assistance provided, the fees charged, and the rights and obligations of the parties. It is important to understand the differences, particularly when determining which service or services to select. For more information about these services and their differences, speak with your Merrill financial advisor.

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."). MLPF&S is a registered broker-dealer, registered investment adviser, Member SIPC and a wholly owned subsidiary of BofA Corp.

Investment products

Are Not FDIC Insured

Are Not Bank Guaranteed

May Lose Value

© 2026 Bank of America Corporation. All rights reserved.

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/merrill-and-bank-of-america-private-bank-launch-ai-powered-meeting-journey-302725593.html

SOURCE Bank of America Corporation

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