Bank of America to open branch in Ho Chi Minh City

Bank of America to open branch in Ho Chi Minh City 9

Bank of America – the second largest bank in the US – has submitted an application to open a branch in Ho Chi Minh City with a capital of around $50 million.
Bank of America fined $225 mn for 'botching' US Covid-19 aid payments

Bank of America fined $225 mn for 'botching' US Covid-19 aid payments

Two US agencies fined Bank of America a total of $225 million on charges it wrongfully froze unemployment and other public benefit programs at the height of the Covid-19 pandemic.