BAC News & Events

The Kansas City Current and Bank of America announced a multi-year partnership renewal on Tuesday, set to celebrate community impact and grow the game of soccer nationwide. Bank of America will continue being an official partner of the club as part of the announcement, and the Current will support Bank of America's landmark global sports program, Sports with Us. A partner of the Current since 2023, Bank of America and the Current will lead several impactful initiatives throughout the duration of the renewed partnership.

U.S. banking regulators are increasing scrutiny on how lenders deploy AI as technology expands through the industry, Nupur Anand of Reuters reports, citing people familiar with the situation. Regulators are stepping in as AI begins exposing the sector to cybersecurity and fraud risk. For the moment, their approach is to closely watch, with the aim of understanding how banks deploy the technology. Publicly traded companies in the banking space include Bank of America (BAC), Citi (C), Goldman Sachs (GS), JPMorgan (JPM), Morgan Stanley (MS), U.S. Bancorp (USB) and Wells Fargo (WFC).