BofA launches new tool to expand corporate cash management activities.

M2 EQUITYBITES-June 15, 2022--BofA launches new tool to expand corporate cash management activities

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Global Banking News - 15 June 2022

Bank of America Corp (NYSE: BAC) has launched a new tool to expand its corporate cash management activities.

According to Reuters, the firm is launching the new cash management tool to clients based in the US. The move is aimed at enhancing market share in the USD300bn cash-management business for multi-national corporations. The move will see the firm expand its virtual account management (VAM) tool in...

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