Bank of America has launched a new art consulting service through its Private Bank division, designed to provide high-net-worth clients with professional guidance on art acquisition and portfolio management.
- The new service expands the firm's wealth management offerings to better support clients managing art as a specialized asset class.
- BAC stock was trading at $52.89 (+0.28%) in pre-market sessions, maintaining momentum from the previous day's close of $52.74.
- Broader market sentiment is improving as geopolitical tensions ease and concerns regarding the AI sector begin to moderate.