DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Lananh Nguyen - 2 Carlo Allegri - 1 Saeed Azhar - 1 Andrew Kelly - 1 BofA - 1 Sheri Bronstein - 1 Miral - 1
Top related locs:
U.S Manhattan New York City , New York Manhattan , New York City , New York
Top related orgs:
REUTERS - 2 Companies Bank of America Corp - 2 Bank of America - 2 Thomson - 2 of America - 1 Veteran Loan Fund - 1

Search resuls for: "Companies Bank of America Corp"


3 mentions found


☆ Bank of America will lend $10 mln to veteran business fund
  + stars: | 2023-11-08 | by ( ) www.reuters.com   time to read: +1 min
A Bank of America logo is pictured in the Manhattan borough of New York City, New York, U.S., January 30, 2019. REUTERS/Carlo Allegri/File Photo Acquire Licensing RightsCompanies Bank of America Corp FollowNEW YORK, Nov 8 (Reuters) - Bank of America (BAC.N) will provide a second round of funding to a veterans group that finances small businesses built by former military personnel, the lender said on Wednesday. The second largest U.S. bank will lend $10 million toward a $25 million fundraising round for the Veteran Loan Fund, which aims to grow to $100 million nationwide by 2027. The veterans group initially raised $15 million when it launched in 2021, with Bank of America investing $5 million of long-term capital below market rates. The fund offers an online platform to connect military veterans and their spouses with lenders to help them build small businesses.
Persons: Carlo Allegri, Saeed Azhar, Lananh Nguyen Organizations: of America, REUTERS, Companies Bank of America Corp, Bank of America, Veteran Loan Fund, Thomson Locations: Manhattan, New York City , New York, U.S
☆ Bank of America to raise minimum wage to $23 an hour in October
  + stars: | 2023-09-20 | by ( Lananh Nguyen | Thomson Reuters | Lananh Nguyen Is The U.S. Finance Editor At Reuters In New York | ) www.reuters.com   time to read: +1 min
A signage is seen at the Bank of America Tower in Manhattan, New York City, New York, U.S., November 2, 2022. REUTERS/Andrew Kelly Acquire Licensing RightsCompanies Bank of America Corp FollowNEW YORK, Sept 20 (Reuters) - Bank of America (BAC.N) will boost its minimum hourly wage to $23 in October as it heads toward a goal of raising hourly pay to $25 by 2025, the company said in a statement Wednesday. The pay bump translates to a minimum salary of almost $48,000 a year for full-time employees, according to the second largest U.S. lender. BofA has increased pay several times in recent years, starting with a move to $15 an hour in 2017. "Providing a competitive minimum rate of pay is foundational," Sheri Bronstein, the bank's chief human resources officer said in the statement.
Persons: Andrew Kelly, BofA, Sheri Bronstein, Lananh Nguyen, Miral Organizations: Bank of America, REUTERS, Companies Bank of America Corp, Thomson Locations: Manhattan , New York City , New York, U.S
☆ Oil recoups losses on plans for SPR refill, higher seasonal demand
  + stars: | 2023-05-09 | by ( Arathy Somasekhar | ) www.reuters.com   time to read: +3 min
Companies Bank of America Corp FollowTOKYO, May 9 (Reuters) - Oil prices ticked up on Tuesday, reversing a more than 2% drop earlier in the session, as markets weighed U.S. government's plans to refill the nation's emergency oil reserve and anticipated higher seasonal demand. Brent crude settled 43 cents, or 0.6% higher, at $77.44 a barrel, while U.S. West Texas Intermediate (WTI) crude closed up 24 cents, or 0.3%, at $73.39. Biden administration plans to begin purchasing oil to replenish the Strategic Petroleum Reserve helped cover speculative short positions, said Robert Yawger, executive director of energy futures at Mizuho. A report from the Energy Information Administration (EIA) pointing to higher seasonal demand and lower-than-expected output also supported prices. "We expect the seasonal rise in oil consumption and a drop in OPEC crude oil production to put some upward pressure on crude oil prices in the coming months," the Energy Information Administration said in its Short-Term Energy Outlook.
0 next >>
Total: 3