Bank Of America Glitch Leaves Customers Seeing $0 In Accounts — What Happened?
Portfolio Pulse from Benzinga Neuro
Bank of America experienced a significant glitch, causing customers to see $0 in their accounts. The issue began around 12:45 p.m. ET and has been largely resolved, though the cause remains unknown. This incident occurs as the bank is expanding its retail presence.
October 03, 2024 | 8:20 am
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Bank of America faced a significant technical glitch, causing customers to see $0 in their accounts. The issue has been largely resolved, but the cause is still unknown. This incident could impact customer trust and comes amid the bank's expansion plans.
The technical glitch at Bank of America could negatively impact customer trust and satisfaction, potentially affecting short-term stock performance. The timing is critical as the bank is expanding its retail presence, which could amplify the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100