Bank of America to Pay Employees Special Bonuses for Third Straight Year

Bank of America is rewarding employees with bonuses and stocks due to strong financial performance. CEO Brian Moynihan emphasizes the importance of benefiting both shareholders and employees. The bank is actively promoting this initiative through ads in local markets, highlighting its commitment to community engagement. Despite a recent $2 billion charge, the bank has maintained a streak of record earnings, ensuring employees share in the success.

What is the bonus amount given to Bank of America employees earning less than $100,000?

• $500

• $1,000

• $1,500

• $2,000

What will higher-paid employees at Bank of America receive as part of the company's reward program?

• Cash bonus

• Extra vacation days

• Stocks

• Gift cards

Who is the CEO of Bank of America who is promoting the company's initiatives?

• Lloyd Blankfein

• Warren Buffett

• Brian Moynihan

• Jamie Dimon

How is Bank of America promoting its employee benefit program?

• Through email newsletters

• By hosting webinars

• By running ads in over 90 local markets

• Through social media

What financial event affected Bank of America's profits this quarter?

• A $1 billion charge

• A $2 billion charge

• A $3 billion charge

• A $4 billion charge