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Latest Articles in Bank of America Corp

JP Morgan's Board Rejects Switch To Stakeholder-Focused Entity

One company that has converted to a public benefit corporation, software maker Veeva Systems Inc, won backing for the change from 99% of votes cast last month.

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JPMorgan Pledges $30 Billion To Address Racial Wealth Gap

The initiative seeks to provide $8 billion in new mortgages for Black and Latino borrowers, $14 billion in loans for affording housing projects, $2 billion in small business loans, and $2 billion in philanthropy.

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Banks Eye Layoffs As Short-Term Crisis Ends, Long-Term Costs Emerge

Compared with April projections, bank economists and executives expect the U.S. economy to take longer to recover, with high unemployment into 2021 and interest rates staying near zero for the foreseeable future.

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