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Keyword: bankofamerica

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  • Bank of America pledges $1 billion to fight racial inequality

    06/02/2020 12:23:21 PM PDT · by ConservativeStatement · 63 replies
    CNN ^ | June 2, 2020 | By Jordan Valinsky,
    New York (CNN Business)Bank of America is donating $1 billion over the next four years to community programs and small businesses to help address economic and racial inequality that has been exacerbated by Covid-19. CEO Brian Moynihan said in press release Tuesday that "underlying economic and social disparities" were made worse by the pandemic and mentioned the nationwide protests sparked by the death of George Floyd in police custody has "created a sense of true urgency."
  • Democrats in a Super Panic on Super Bowl Sunday

    02/02/2020 4:39:04 PM PST · by EyesOfTX · 60 replies
    DB Daily Update ^ | David Blackmon
    No, the Des Moines Register Poll did not kill itself. – The leaders in the Democrat Party are now in full-blown panic as The Commie closes in on a win in Iowa. So panicked, in fact, that they almost certainly spiked the final Des Moines Register poll – a tradition for 76 years running – that was to be released on Sunday. The narrative being pushed by the corrupt news media is that the Register, and its co-sponsor, CNN (because of course it’s CNN) decided to scrap the poll because one of the people conducting the poll consistently mispronounced the...
  • Report: John Kerry Concerned As Joe Biden Plummets-Both Had Sons Cash-in on China/Ukraine

    02/02/2020 4:53:08 PM PST · by CheshireTheCat · 34 replies
    Conservative Treehouse ^ | February 2, 2020 | Sundance
    Chris Heinz and Hunter Biden were friends in business together, each cashing-in on the influence held by their fathers John Kerry and Joe Biden. Considering the likelihood Joe Biden was only running for President in order to: (1) shield himself from scrutiny, and (2) establish the cornerstone of the impeachment effort; it makes complete sense for John Kerry to be the participating campaign handler. With Bidens impeachment usefulness now exhausted by DC engineers, theres no reason to prop-up his candidacy. Hes dropping like a proverbial rock. However the risk to Biden and Kerry still exists (see Lindsey Graham interview today),...
  • John Kerry overheard discussing possible 2020 bid amid concern of 'Sanders taking down the Democratic Party'

    02/02/2020 1:54:41 PM PST · by yesthatjallen · 60 replies
    NBC ^ | 02 02 2020 | Jonathan Allen and Allan Smith
    Former Secretary of State John Kerry one of Joe Biden's highest-profile endorsers was overheard Sunday on the phone at a Des Moines hotel explaining what he would have to do to enter the presidential race amid "the possibility of Bernie Sanders taking down the Democratic Party down whole." Sitting in the lobby restaurant of the Renaissance Savery hotel, Kerry was overheard by an NBC News analyst saying "maybe I'm f---ing deluding myself here" and explaining that in order to run, he'd have to step down from the board of Bank of America and give up his ability...
  • John Kerry overheard discussing possible 2020 bid

    02/02/2020 1:17:11 PM PST · by GuavaCheesePuff · 109 replies
    NBC News ^ | February 2, 2020 | By Jonathan Allen and Allan Smith
    DES MOINES, Iowa Former Secretary of State John Kerry one of Joe Biden's highest-profile endorsers was overheard Sunday on the phone at a Des Moines hotel explaining what he would have to do to enter the presidential race amid "the possibility of Bernie Sanders taking down the Democratic Party down whole." Sitting in the lobby restaurant of the Renaissance Savery hotel, Kerry was overheard by an NBC News analyst saying "maybe I'm f---ing deluding myself here" and explaining that in order to run, he'd have to step down from the board of Bank of America and...
  • Bank of America partners with TPD 'Safe Place' project to aid LGBTQ community

    12/23/2019 10:50:49 AM PST · by simpson96 · 13 replies
    Tuscon.com ^ | 12/23/2019 | Shaq Davis
    he placing of a rainbow-colored sticker, with a badge and Safe Place lettering across it, officially designated Bank of America as the largest partner with Tucson Police Departments Safe Place program to provide safe harbor for the LGBTQ community. Bank of America is implementing the program at 13 locations found as far east as Houghton Road, Ajo Way to the west and Cortaro and Valencia roads to the north and south. Each will provide a safe place for victims of crimes. Tucson is the fifth city where Bank of America has partnered with local law enforcement to promote similar...
  • Bank of Americas CEO has one simple reason why he doesnt see a recession looming

    08/25/2019 7:57:54 PM PDT · by lasereye · 6 replies
    Marketwatch ^ | Aug. 24, 2019 | Mark Decambre
    Bank of America Corp.s CEO Brian Moynihan says he doesnt see a recession in the offing because the U.S. consumer remains healthy. . . . Look, when the yield curve moved around the pundit-ocracy got going, saying, Here, this means a recessions coming, Moynihan told CNBC. However, the bank boss said this time the recessionary gauge may be influenced by a global market swirling in some $15 trillion in negative interest rates.
  • Bank of America will no longer do business with companies that run detention centers

    06/27/2019 12:06:18 PM PDT · by Responsibility2nd · 125 replies
    CNN ^ | 06/27/2019 | RobMcLean
    Bank of America will end its association with companies that provide prisoner and immigrant detention services at both the state and federal levels. The move comes amid growing public concern about the nation's border policies. A spokesperson said Wednesday that Bank of America (BAC) has discussed the issue with its clients that provide those services. While the bank appreciates "steps they have taken to properly execute their contractual and humanitarian responsibilities," it ultimately decided to "exit the relationships." "Lacking further legal and policy clarity, and in recognition of the concerns of our employees and stakeholders in the communities we serve,...
  • Bank of America CEO says company wants a cashless society

    06/21/2019 3:19:27 PM PDT · by Roman_War_Criminal · 125 replies
    Fox Business ^ | 6/20/19 | Kathleen Joyce
    Bank of America Opens a New Window. CEO Brian Moynihan spoke this week about embracing digital payment transactions while moving toward a cashless society. Moynihan made the comments Wednesday during Fortunes Opens a New Window. Brainstorm Finance conference in New York. The CEO spoke about Zelle, Google Pay and Apple Pay and its increasing popularity. He said Bank of America will continue to move toward digital banking transactions. We want a cashless society, Moynihan told Fortunes Shawn Tully. We have more to gain than anybody from a pure operating costs (perspective).
  • Louisiana Attorney General Denies $600 Million to Citibank, Bank of America Over Gun Control

    08/16/2018 9:48:58 PM PDT · by RightGeek · 26 replies
    Breitbart ^ | 8/16/2018 | AWR Hawkins
    Louisiana Attorney General Jeff Landry and the states Bond Commission denied $600 million to Citibank and Bank of America over the gun control stance adopted by both companies. Citibank and Bank of America were both to be part of a road financing plan in the state, but were omitted from the financial plan after arbitrarily placing new gun controls on banking customers. Louisiana Executive Division press secretary Ruth Wisher told Breitbart News that Landry and State Treasurer John Schroder have been working on the states response to corporate gun control for some time. Omitting them from the $600 million is...
  • Ashley Judd, Morgan Freeman Sign Letter Demanding Bank of America Revoke Loan to Remington Arms (tr)

    05/12/2018 6:51:16 PM PDT · by EdnaMode · 78 replies
    Breitbart ^ | May 11, 2018 | Aww Hawkins
    Hollywood stars Morgan Freeman, Ashley Judd, and others associated with the No Rifle Association initiative (#NoRA) have signed a letter demanding Bank of America revoke a loan made to Remington Arms. Alyssa Milano tweeted the list of signatories, which included Alec Baldwin, Michael Ian Black, Mia Farrow, Chelsea Handler, Debra Messing, Julianne Moore, Michael Moore, and Rosie ODonnell, and a page full of others. Signatories also included Parkland gun control activist David Hogg.
  • Bank of America's loan to Remington tests its firearms pledge

    05/07/2018 6:28:46 AM PDT · by Oldeconomybuyer · 13 replies
    Reuters ^ | May 7, 2018 | by Tom Hals, Jessica DiNapoli
    Bank of America Corp is preparing to provide critical financing to Remington Outdoor Co, which makes assault-type rifles, just weeks after the U.S. bank said it would stop financing military-style firearms for civilians. The bank is contributing $43.2 million to a $193 million lending package funded by seven banks, according to court documents, which will help put Remington back on stable footing as it emerges from bankruptcy later this month into an uncertain environment for gun makers. The package replaces a similar credit facility the banks committed to providing Remington. Both were agreed in late March, before Bank of America,...
  • SEC Taps Goldman Executive for Enforcement Role

    10/21/2009 10:30:11 AM PDT · by Leisler · 18 replies · 1,209+ views
    WSJ( Americas Paper of Record ) ^ | OCTOBER 16, 2009 | By SARAH N. LYNCH
    WASHINGTON -- The Securities and Exchange Commission tapped Goldman Sachs Group Inc. executive Adam Storch on Friday to serve as the agency's first-ever chief operating officer of the enforcement division. The new hire represents the latest personnel change at the SEC in its effort to improve its operations following its failure to detect Bernard Madoff's massive Ponzi scheme. Enforcement Division Director Robert Khuzami created Mr. Storch's position of managing executive as part of the major re-structuring effort he announced earlier this year. Mr. Storch will oversee division operations that include budget, information technology and administrative services. He will also supervise...
  • Bank of America will no longer lend to companies that make military-style weapons

    04/11/2018 5:48:16 AM PDT · by ptsal · 39 replies
    The Washington Times ^ | 04-10-2018 | Victor Morton
    Bank of America officially took sides in Americas gun debate Tuesday, announcing it would no longer make loans to companies that make military-style weapons. The second-biggest U.S. bank announced Tuesday that it would drop current loan-customers Vista Outdoors, Remington and Sturm Ruger, and blackball any other manufacturer of assault weapons. Bank of America Vice Chairman Anne Finucanetold Bloomberg TV on Tuesday her bank has told those companies its not our intent to underwrite or finance military-style firearms. We have had intense conversations over the last few months, Ms. Finucane told Bloomberg, a network founded by tycoon and gun-control-financier Michael R....
  • Bank Of America Sponsors Anti-Gun Panel

    03/23/2018 11:07:33 AM PDT · by rktman · 16 replies
    dailycaller.com ^ | 3/23/2018 | Joe Simonson
    Bank of America further solidified its corporate position in favor of gun control after sponsoring an anti-gun discussion hosted by Axios on Friday. Axios co-founder Mike Allen facilitated the talk between activist and Marjory Stoneman Douglas High School student David Hogg and Democratic Sen. Richard Blumenthal of Connecticut. The event, held in Washington, D.C., occurred at 8 a.m. and had no outside sponsors beside BoA. Despite the fact that it was billed as a conversation on gun safety in America, there was virtually no disagreement between Hogg and Blumenthal on policy. Allen asked Hogg what the biggest mistake the media...
  • Citi sets restrictions on gun sales by retail clients

    03/22/2018 11:18:06 AM PDT · by Olog-hai · 24 replies
    Reuters ^ | March 22, 2018 11:55 AM | Ross Kerber, Nikhil Subba
    Citigroup Inc. (C.N) added restrictions on firearms sales for new retail-sector clients, the Wall Street bank said on Thursday, the strongest move to date by a major U.S. lender following last months high school shooting in Florida. In an e-mailed statement, Citi said it will require those clients only sell firearms to customers who have passed a background check, restrict sales of firearms for people under 21 years of age, and not sell so-called bump stocks or high-capacity magazines. The banks new rules come weeks after a shooting at a Florida high school that killed 17 people, the second-deadliest shooting...
  • Bank of America Paying $1000 Tax Cut Bonuses to 145,000 American Workers

    12/22/2017 11:28:33 AM PST · by gubamyster · 25 replies
    Breitbart ^ | 12/22/2017 | JOHN CARNEY
    Bank of America has joined the parade of American companies celebrating tax cuts by giving its employees a special year-end bonus. Brian Moynihan, the banks chief executive, sent an email to employees citing the benefits to the company from the lower corporate tax rate. In the spirit of shared success, we intend to pass some of those benefits along immediately. U.S. employees making up to $150,000 per year in total compensationaround 145,000 teammateswill receive a one-time bonus of $1,000 by year-end, Moynihan wrote. The bank also said that it expected to invest more in technology and in cities around the...
  • The Obama Administration's Disrespect For The Rule Of Law Hits A New Low

    05/31/2016 11:08:56 AM PDT · by reaganaut1 · 14 replies
    Forbes ^ | May 31, 2016 | George Leef
    The lawlessness of the Obama administration has been astounding. Entire books have been written about President Obamas notion that he should be and is free to do whatever he wants (such as Lawless by Professor David Bernstein, which I wrote about here). No doubt more will be. One remarkably brazen instance I recently learned about is his administrations funneling of money from lawsuit settlements into the pockets of left-wing activist groups. It makes you wonder if there is anything this administration wont try to get away with. Following the collapse of the housing bubble, the federal government initiated several grandstanding,...
  • Is America starting to tire of Trump assassination porn?

    06/12/2017 1:10:32 PM PDT · by 2ndDivisionVet · 20 replies
    Hot Air ^ | June 12, 2017 | Jazz Shaw and The Associated Press
    Remember how well Kathy Griffins little prank where she symbolically decapitated the President went over? Oh, man. What a hoot. Shes a real cut-up, isnt she? (Er sorry.) Rather than being embraced by the Left in a unified block, nearly everyone turned on her and declared that we didnt need that sort of thing in our national discussion. Even CNN cut her loose, and corporate sponsors quickly moved away from any projects with her name associated with it. Well now we may have the next example of this phenomenon. A performing arts group known as The Public Theater, based in...
  • Delta, Bank of America drop sponsorship of Shakespeare in The Park That Shows Trump Assassination

    06/12/2017 6:45:45 AM PDT · by Enlightened1 · 21 replies
    NY Daily News ^ | 06/12/17 | Kate Feldman
    Delta Airlines and Bank of America pulled out of their sponsorship of New Yorks Public Theater on Sunday over a production of Julius Caesar that re imagines the main character as President Trump. Shortly after Delta, who was a four-year sponsor, made its announcement, Bank of America yanked its support as well. The Shakespeare in the Park play tells the story of the leader assassinated by Roman senators over the fear that hes becoming too tyrannical, but rather than the original setting, the production stages Caesar (Gregg Henry) and his wife, Calpurnia, (Tina Benko) with Donald and Melania Trump lookalikes....