Does Bank of America support Israel?

According to a JLens Network analysis, Bank of America donated to Magen David Adom, Leket Israel, and United Hatzalah days after the October 7 attacks, then doubled its original commitment two weeks later; amounts were not publicly specified. JLens is a pro-Israel shareholder-advocacy organization — this research could not find an independent source (Bank of America's own newsroom, wire coverage, or nonprofit-sector press) confirming the donation beyond JLens's account.

BofA Securities, Inc. was one of five joint book-running managers — with Citigroup Global Markets Inc., Deutsche Bank Aktiengesellschaft, Goldman Sachs & Co. LLC and J.P. Morgan Securities plc — of the State of Israel's $6 billion international bond offering of January 2026. Under the underwriting agreement dated 6 January 2026, BofA Securities severally agreed to purchase $450 million of the 4.500% bonds due 2031, $400 million of the 5.000% bonds due 2036 and $350 million of the 5.875% bonds due 2056 — $1.2 billion of the three tranches — for resale to investors, with settlement expected on or about 13 January 2026. Israel's own prospectus supplement puts the net proceeds at about $5.9 billion after underwriting discounts and expenses, to be used for the general purposes of the State. The Hebrew outlet Bizportal and Globes both report demand of about $36 billion, six times the amount raised, from some 300 investors in more than 30 countries, at a weighted spread of about 102 basis points over comparable US Treasuries — some 34% tighter than the 154 basis points on Israel's 2024 dollar issue, which the Accountant General described as a return to pre-war spread levels. This is paid underwriting work for the Israeli government rather than a donation: the money raised comes from bond investors and funds the state budget, and the underwriters are compensated through the underwriting discount. No figure is recorded in the Amount column because none of these sums is Bank of America's own money.