• Bank of America (BAC) keeps Faiz Ahmad and Karim Assef as co-heads of global investment banking, jointly overseeing strategy, operations and day-to-day deal activity.
  • Bank of America spends over $250M yearly on GLP‑1 drugs for ~211,000 employees, about 13% of its $2B health budget, and is negotiating with drugmakers and PBMs while adding health coaching.
  • Bank of America (BAC) will base its regional HQ in a half-built 30‑story downtown Dallas tower, sharing the site with the newly opened Texas Stock Exchange; impacts BAC's regional real estate and ops

This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original sources.