Bank of America

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Bank of America Corporation
Bank of America logo.svg
Bank of America Corporation's logo
Type Public
Industry Finance
Essential service(s) Yes
Country United States
Multinational Yes
Official website
Twitter (@BankofAmerica)
COVID-19 webpage
English Wikipedia article

Bank of America Corporation is an international investment bank and financial services company based in the United States.

COVID-19 response


  • 07 April 2020 (27 days since WHO declared COVID-19 a pandemic)
    • Encouraging: Offered payment deferrals for home loans, auto loans, and credit cards for up to 90 days.[1][2]
      • Encouraging: Assistance beyond 90 days will be reviewed case-by-case.[1]
      • Complicated: Interest will continue to accrue on all loans, and any missed payments will extend the loan terms and be paid at the end of the loan period.[1]


  • Disappointing 25 March 2020 (WHO.svg+14 dayssrc): Fabrizio Gallo, global head of equities, tells staff that productivity of office-based staff in critical roles should come before their fears of getting sick.[3]

News articles


  1. 1.0 1.1 1.2 Tarpley, Laura Grace. "In response to COVID-19, Bank of America is offering deferrals on home loans, auto loans, and credit cards". Business Insider. Retrieved 2020-04-10.
  2. Silbert, Sarah. "In response to the coronavirus, credit card issuers like Amex and Capital One are letting customers skip payments without interest and more". Business Insider. Retrieved 2020-04-28.
  3. Bostock, Bill. "A leaked audio transcript showed a Bank of America exec rejecting concerns of staff who didn't want to come to the office for fear of the coronavirus". Business Insider. Retrieved 2020-04-10.