Advertisement
UK markets close in 6 hours 47 minutes
  • FTSE 100

    8,092.11
    +51.73 (+0.64%)
     
  • FTSE 250

    19,705.18
    -14.19 (-0.07%)
     
  • AIM

    754.74
    +0.05 (+0.01%)
     
  • GBP/EUR

    1.1671
    +0.0026 (+0.22%)
     
  • GBP/USD

    1.2520
    +0.0058 (+0.46%)
     
  • Bitcoin GBP

    50,986.97
    -2,169.97 (-4.08%)
     
  • CMC Crypto 200

    1,362.83
    -19.74 (-1.43%)
     
  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     
  • DOW

    38,460.92
    -42.77 (-0.11%)
     
  • CRUDE OIL

    83.15
    +0.34 (+0.41%)
     
  • GOLD FUTURES

    2,339.00
    +0.60 (+0.03%)
     
  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     
  • HANG SENG

    17,284.54
    +83.27 (+0.48%)
     
  • DAX

    17,999.13
    -89.57 (-0.50%)
     
  • CAC 40

    8,058.26
    -33.60 (-0.42%)
     

Bank of America Buys Stakes in 3 Minority-Focused Banks

Bank of America Buys Stakes in 3 Minority-Focused Banks

Bank of America (NYSE: BAC) on Monday announced it is plowing fresh equity investments into three lenders that concentrate on services for minority groups. Of this, $50 million has been earmarked to financially support minority depository institutions (MDIs) and community development financial institution (CDFI) lenders.