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Bank of America unveils $250B initiative to modernize US infrastructure
Bank of America (BofA) is launching a $250 billion initiative to finance a broad buildout of U.S. infrastructure, including data centers, semiconductor facilities, power generation and transportation projects.The banking giant announced Wednesday that its Critical Infrastructure Finance Initiative will mobilize and deploy $250 billion through lending, investments, capital markets and advisory transactions over an 18-month period ending July 4, 2027.The effort comes as growing demand for computing power, electricity, manufacturing capacity and diversified supply chains drives infrastructure inv...4 hours ago
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Wayne G Fraser
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