Full-Time
Posted on 10/30/2025
Global banking, investing, and wealth management
No salary listed
Springfield, OR, USA
In Person
Bank of America provides a full range of financial services to individuals, small businesses, and large corporations, including banking, investing, asset management, and risk management products. Customers access services via branches, online and mobile banking, and advisory and trading capabilities across consumer banking, wealth management, corporate and investment banking. Its breadth, scale, and global reach enable cross-service solutions and large-scale operations that few peers match. Its goal is to be a trusted, full-service financial partner helping customers manage money, grow assets, and navigate risk.
Company Size
10,001+
Company Stage
IPO
Headquarters
Charlotte, North Carolina
Founded
1904
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Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Paid Vacation
Paid Sick Leave
Flexible Work Hours
Remote Work Options
Professional Development Budget
Conference Attendance Budget
Herbalife has raised $800 million through a junk-bond sale to refinance existing high-interest debt. The nutrition-focused multilevel-marketing company sold seven-year senior secured notes at a 7.75% yield, led by Bank of America. The proceeds will be used to repay bonds due in 2029 that carry a 12.25% interest rate, significantly reducing Herbalife's borrowing costs. The successful offering comes a month after the company shelved a loan offering due to market volatility, taking advantage of a recent rebound in investor demand for risky debt.
Bank of America will report earnings on Wednesday before market open. Last quarter, the company beat revenue expectations with $28.55 billion, up 7.1% year-on-year, though it only narrowly exceeded earnings per share estimates. Analysts expect revenue to grow 5.8% year-on-year this quarter, an improvement from the 4.7% increase recorded in the same period last year. Analyst estimates have remained largely unchanged over the past 30 days. The bank's shares have risen 13.5% over the last month, outperforming the 9.1% average gain across the banking sector. Analysts have set an average price target of $60.56, compared to the current share price of $53.37. Bank of America historically tends to exceed Wall Street's expectations.
This agreement will significantly enhance the company's liquidity management capabilities, providing flexible financial support for its strategic investment | Bitget crypto news!
CCLA Investment Management acquired 2,254,107 shares in Bank of America Corporation during the fourth quarter of 2025, valued at approximately $123.95 million, according to a 13F filing submitted on 9 April 2026. The position represents roughly 2% of CCLA's total investment portfolio, making Bank of America the firm's 23rd largest holding. The acquisition signals institutional confidence in Bank of America's long-term prospects and demonstrates continued investor interest in major US financial institutions. The purchase establishes Bank of America as one of CCLA's top 25 holdings, reflecting the investment management firm's belief in the bank's valuation and growth potential despite broader economic uncertainty.
Bank of America has reiterated a buy rating for Broadcom stock with a $450 price target following new supply agreements with Google and Anthropic revealed in an 8-K filing. Broadcom shares rose 4.28% to $348.27 on the news. Under the agreements, Broadcom will develop custom Tensor Processing Units for Google through 2031 and supply networking components for AI infrastructure. Anthropic will access approximately 3.5 gigawatts of AI computing capacity starting in 2027, which analysts value at over $35 billion. Bank of America analyst Vivek Arya said the deals solidify Broadcom's position as Google's main TPU design partner and address concerns about insourcing. Analysts expect Broadcom's AI accelerator market share to grow from under 10% in 2025 to approximately 15% by 2027.