Bank of America Corp. (BAC), Wednesday announced its plan to add 10,000 more individuals with military backgrounds and 8,000 new hires from community colleges over the next five years, aiming to expand economic opportunity nationwide.
Moreover, the company aims to create 700 financial center jobs in new growth markets, including Alabama, Idaho, Louisiana and Wisconsin, underscoring its commitment to driving economic growth and creating jobs at the local level.
"Our commitment to hire individuals with a broad range of skills and experiences is key to how we recruit talent to best serve our clients," said Sheri Bronstein, Chief People Officer at Bank of America.
Currently, BAC is trading at $51.55, up 1.75 percent on the New York Stock Exchange.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.