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.

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Today's volume of 292,064 shares is on pace to be much lighter than BAC's 10-day average volume of 62,413,201 shares.


Civilization Ventures Announces $35M Second Fund

8:00 am ET August 26, 2020 (BusinessWire) Print

Civilization Ventures is announcing the close of its second fund following the successful investment of Fund I in 2017, where the firm had major portfolio exits with the public listing of gene therapy leader Rocket Pharma (NASDAQ: RCKT) and the acquisition of Singular Bio by Invitae, Inc. (NYSE: NVTA), a publicly traded company at the forefront of advanced medical genetics. Civilization Ventures will use its new capital to power the most innovative life science companies in the world at the forefront of genomics/diagnostics, synthetic biology and digital health/AI.

"We're excited to announce our second fund to help visionary founders achieve their dreams and positively impact society," said Shahram Seyedin-Noor, founder and General Partner of Civilization Ventures. "We're still in the early stages of the health tech and biology revolutions."

"Shahram is a rare breed among VCs," said Sean Duffy, co-founder and CEO of Omada Health. "Not only does he have exemplary insights and instincts on markets, teams, and trends, but he carries the operational experience to guide entrepreneurs on how to drive outsized success."

"Shahram is incredible at what he does. Not only has he connected me with the best VCs in the Valley, but he also connected me with one of our most important advisors, who has been instrumental in our commercialization," said Oguzhan Atay (PhD), co-founder and CEO of BillionToOne. "Shahram has a unique ability to invest in the best companies at the earliest stages."

Civilization Ventures was founded in 2017 by serial life sciences entrepreneur Shahram Seyedin-Noor to invest in transformative technologies across healthcare and biology. Prior to starting the fund, Shahram was co-founder, CEO and later Executive Chairman/CBO of Rgenix, a clinical-stage cancer therapeutics company, and CFO/VP of Corporate Development at NextBio, a genomics software company acquired by Illumina in 2013.

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SOURCE: Civilization Ventures">

Shahram Seyedin-Noor
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