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Bank of America is latest Wall Street firm to pledge to Beirut relief effort, with $300,000 donation

August 10, 2020

Bank of America has become the latest bank to pledge support for the emergency response to the massive warehouse explosion at the port of Beirut in Lebanon, which killed at least 158 people and injured more than 6000 others.

In an internal memo sent to employees on Aug. 7, Bernie Mensah, BofA’s BAC, 1.42% head of international business, said the U.S. bank would donate $300,000 to help the relief efforts, $150,000 of which would be donated to the Lebanese Red Cross, which is treating thousands of injured people and supporting search efforts to find survivors.

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