Bank of America Stock Rises in June Following Positive Developments
In June 2026, Bank of America (BAC) stock rose by more than 10% after the bank passed the Federal Reserve's annual stress tests and announced a new cross-border payments product. The passing grade allowed for an increase in dividends, while the new service targets growing demand in P2P and B2C transactions.
Topics: Bank of America cross-border payments Federal Reserve stress tests stock performance