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Bank of AmericaInvestment

BofA to Hire 1,000 Additional Apprentices and Invest $150 Million in Workforce Development across the U.S.

What happened

Bank of America will commit $150 million over five years to various workforce development organizations across the United States.

Source

Article excerpt

Highlighted: the sentence this signal was extracted from

During National Workforce Development Month, Investments Will Expand Access to Opportunity, Strengthen Local Economies and Drive Workforce Growth Key points CHARLOTTE, N.C., Sept. 24, 2026 /PRNewswire/ -- Bank of America today announced it will hire 1,000 additional apprentices over the next two years and commit $150 million over five years to workforce development organizations to help strengthen local economies and drive job opportunities along with workforce growth across the United States. The new commitment is on top of the more than 800 apprentices the company already hires each year through programs that create roles across Consumer Banking, Technology, Operations and other key business areas. This builds on the bank's longstanding focus on skills-based hiring in local communities, career mobility and expanding access to long-term careers that do not require a bachelor's degree, helping strengthen the competitiveness of the American workforce. "This is one more way for us to do what we can to help create a skilled American workforce for tomorrow," said Brian Moynihan, Chair and CEO of Bank of America. "Our apprenticeship and workforce development programs underscore our continued commitment to expanding opportunity and helping talented individuals develop the skills to succeed. We appreciate the spirit of reform and practicality that the Department of Labor is...

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Extracted by Autobound

From the Signal API record
Event
Investment

What this signalsAn investment often shows where the company plans to grow.

Amount named
$150M
Location
United States
Financing type
Equity

More investment signals at other companies

The full record

From the Signal API record

Numbers

Amount named in the story
$150M

Extraction

Confidence
90%
Detected
Sep 24, 2026
signal_type
news
signal_subtype
invests_into

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The API returns more than this page shows

This page shows a preview. The full news record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/79e54dcb-bdb8-5c22-1bf8-f51fd2bbe367 returns this record as JSON. POST /v1/companies/enrich returns every signal for bankofamerica.com.

{
  "signal_id": "79e54dcb-bdb8-5c22-1bf8-f51fd2bbe367",
  "signal_type": "news",
  "signal_subtype": "invests_into",
  "detected_at": "2026-09-24T11:00:00+00:00",
  "company": {
    "name": "Bank of America",
    "domain": "bankofamerica.com"
  },
  "data": {
    "url": "https://www.prnewswire.com/news-releases/bofa-to-hire-1-000-additional-apprentices-and-invest-150-million-in-workforce-development-across-the-us-302888352.html",
    "title": "BofA to Hire 1,000 Additional Apprentices and Invest $150 Million in Workforce Development across the U.S.",
    "excerpt": "During National Workforce Development Month, Investments Will Expand Access to Opportunity, Strengthen Local Economies and Drive Workforce Growth Key points CHARLOTTE, N.C. , Sept. 24, 2026 /PRNewswire/ -- Bank of America today announced it will hire 1,000 additional apprentices over the next two years and commit $150 million over five years to workforce development organizations to help strengthen local economies and drive job opportunities along with workforce growth across the United States. The new commitment is on top of the more than 800 apprentices the company already hires each year through programs that create roles across Consumer Banking, Technology, Operations and other key business areas. This builds on the bank's longstanding focus on skills-based hiring in local communities, career mobility and expanding access to long-term careers that do not require a bachelor's degree, helping strengthen the competitiveness of the American workforce. \"This is one more way for us to do what we can to help create a skilled American workforce for tomorrow,\" said Brian Moynihan , Chair and CEO of Bank of America. \"Our apprenticeship and workforce development programs underscore our continued commitment to expanding opportunity and helping talented individuals develop the skills to succeed. We appreciate the spirit of reform and practicality that the Department of Labor is...",
    "summary": "Bank of America will commit $150 million over five years to various workforce development organizations across the United States.",
    "location": "United States",
    "planning": true,
    "image_url": "https://mmx.prnewswire.com/media/MS970893/Bank-of-America-Corporation-Logo.jpg?id=OA2966687&p=facebook",
    "confidence": 0.9,
    "published_at": "2026-09-24T11:00:00Z",
    "location_data": [
      {
        "region": "Northern America",
        "country": "United States",
        "continent": "Americas",
        "fuzzy_match": false
      }
    ],
    "article_sentence": "Bank of America today announced it will hire 1,000 additional apprentices over the next two years and commit $150 million over five years to workforce development organizations to help strengthen local economies and drive job opportunities along with workforce growth across the United States.",
    "amount_normalized": 150000000,
    "financing_type_tags": [
      "equity"
    ]
  }
}

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