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BANK OF AMERICA CORP /DE/
Bank of America Corporation and Merrill Lynch entered into a joint filing agreement and disclosed insider sales of common stock occurring on October 21, 2026. A total of 7,234 shares of common stock were sold at prices ranging from $6.27 to $6.30 per share.…more
BANK OF AMERICA CORP /DE/
Bank of America Corporation issued 80,000 shares of 7.200% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series WW, and sold 2,000,000 Depositary Shares on October 23, 2026. Each Depositary Share represents a 1/25th interest in a share of the Series WW Preferred Stock, and the terms include specific dividend restrictions related to the new preferred shares.…more
BANK OF AMERICA CORP /DE/
Bank of America (BAC) insider Thomas William B. reported changes in beneficial ownership of securities effective October 21, 2026. This filing is a standard Form 4 statement regarding executive equity holdings.…more
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US Lawmakers Warn of Rogue AI Agents Accessing Bank Accounts
Senators Bernie Sanders and Adam Schiff have raised alarms over unauthorized AI agents accessing bank accounts, calling for immediate regulatory action. Major U.S. banks are currently restricting third-party AI access to mitigate security risks and prevent potential financial instability.…more
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Major U.S. banks including Morgan Stanley and JPMorgan are taking steps to block unauthorized third-party AI agents from accessing customer accounts. This move reflects growing security concerns regarding AI-driven data scraping and unauthorized account interactions.…more
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Bank of America reported a credit card delinquency rate of 1.37% and a charge-off rate of 2.07% at the end of September. These metrics serve as key indicators of the bank's asset quality and credit risk management.…more
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