Bank of America Corp
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Financials : Banks | Large Cap Value
Company profile

Bank of America Corporation is a bank holding company and a financial holding company. The Company is a financial institution, serving individual consumers and others with a range of banking, investing, asset management and other financial and risk management products and services. The Company, through its banking and various non-bank subsidiaries, throughout the United States and in international markets, provides a range of banking and non-bank financial services and products through four business segments: Consumer Banking, which comprises Deposits and Consumer Lending; Global Wealth & Investment Management, which consists of two primary businesses: Merrill Lynch Global Wealth Management and U.S. Trust, Bank of America Private Wealth Management; Global Banking, which provides a range of lending-related products and services; Global Markets, which offers sales and trading services, and All Other, which consists of equity investments, residual expense allocations and other.

Postmarket

Last Trade
Delayed
$24.16
0.07 (0.29%)
Bid
--
Ask
--
B/A Size
--

Market Hours

Closing Price
$24.09
Day's Change
0.60 (2.55%)
Bid
--
Ask
--
B/A Size
--
Day's High
24.31
Day's Low
23.79
Volume
(Light)
Volume:
47,991,699

10-day average volume:
60,590,044
47,991,699

Avis Budget Group elevates interim CEO Joe Ferraro to the role permanently with immediate effect

8:09 am ET June 15, 2020 (MarketWatch)
Print

Avis Budget Group Inc. (CAR) said Monday it has made interim Chief Executive Joe Ferraro its permanent CEO with immediate effect. Ferraro has been leading the company since the start of the year, coming to the role from his position as president of the Americas, where he spent five years managing the company's Avis, Budget, Payless and Zipcar brandfs in North and South America. The company also named independent chairman Bernardo Hees as executive chairman, where he will focus on strategy, finance and digital mobility initiatives in cooperation with Ferraro and the rest of the management team. Shares were down 8% premarket with futures indicating losses at the opening. The stock has lost 18% in the year to date, while the S&P 500 has fallen 6%.

-Ciara Linnane; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

June 15, 2020 08:09 ET (12:09 GMT)

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