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Bank of America Launches $250 Billion, 18-month Critical Infrastructure Finance Initiative in Honor of America’s 250th Anniversary

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Initiative aims to help strengthen and modernize America’s infrastructure, supporting energy security, U.S. job growth and economic competitiveness

Key points

Bank of America’s Critical Infrastructure Finance Initiative to help drive transformative infrastructure investment across the United States, honoring America’s 250th anniversaryBank of America to support the development of digital, energy and power, and core infrastructure that enhances national competitiveness by strengthening energy security, accelerating technological leadership and enabling long-term economic growthInitiative to help create tens of thousands of jobs and advance community developmentCapital to be mobilized and deployed over 18 months, from America’s 250th year in 2026 through July 4, 2027

CHARLOTTE, N.C., Aug. 12, 2026 /PRNewswire/ — In celebration of America’s 250th anniversary, Bank of America today announced the Critical Infrastructure Finance Initiative to mobilize and deploy $250 billion to support U.S. infrastructure development through financing, investment and advisory solutions. The initiative reflects the company’s commitment to financing digital, energy and power, and core infrastructure development and modernization to help fuel America’s next era of economic growth, innovation and competitiveness. Capital will be mobilized and deployed from over 18 months, from America’s 250th year in 2026 through July 4, 2027.

Surging demand for computing power, energy, manufacturing capacity, modern transportation systems and diversified supply chains is propelling a new wave of infrastructure investment across the United States. Bank of America is helping clients across these sectors access the capital they need through our global capital markets platform, advisory expertise and strong balance sheet support, driving investment and creating tens of thousands of jobs nationwide.

“We are proud of our long history supporting the American economy. As America marks its 250th year, this initiative reflects our confidence in the country’s future and the investments that will shape it,” said Jim DeMare, Co-President, Bank of America. “The infrastructure that powers our economy, strengthens our energy security and secures our technological leadership will drive growth, create jobs and define America’s next chapter.”

Financial activity – including primary market lending, investing, capital markets, banking and advisory solutions – will span three broad infrastructure categories:

Digital infrastructure, such as data centers and computing infrastructure (hardware, chips, and equipment), telecommunications and semiconductorsEnergy and power infrastructure, such as conventional and renewable power generation and energy storage, as well as other energy distribution systemsCore infrastructure, such as transportation, electric and energy transmission, grid optimization, water systems, critical minerals and mining, and other assets

“Meeting America’s growing infrastructure needs requires mobilizing capital at scale across increasingly interconnected sectors,” said Karen Fang, Global Head of Infrastructure & Sustainable Finance and Co-Head of Global Capital Solutions at Bank of America. “Delivering these projects requires integrated financing solutions spanning corporate and project-level capital in both public and private markets. By bringing together capital providers, developers, corporations and investors, we are focused on helping accelerate investment in infrastructure that drives economic growth and creates lasting value for communities.”

The effort will be led by Bank of America’s Global Capital Solutions (GCS) and Global Infrastructure & Sustainable Finance (GISFG) teams and is supported across all eight lines of business. Bank of America provides integrated financing, investment, advisory and supply chain solutions for clients at both the corporate and asset levels, and across public and private markets.

Frequently asked questions
Question: What is Bank of America announcing?

Answer: Bank of America announced the Critical Infrastructure Finance Initiative to mobilize and deploy $250 billion to support the development and modernization of American infrastructure, through financing, investment, advisory and supply chain solutions. The amount will be measured based on eligible activity over 18 months, from America’s 250th year, January 1, 2026 through July 4, 2027.

Question: What types of infrastructure are included?

Answer: Eligible activity spans three broad categories:

Digital infrastructure, such as data centers and computing infrastructure (hardware, chips, and equipment), telecommunications and semiconductorsEnergy and power infrastructure, such as conventional and renewable power generation and energy storage, as well as other energy distribution systemsCore infrastructure, such as transportation, electric and energy transmission, grid optimization, water systems, critical minerals and mining, and other assets

Question: How will progress toward the goal be measured?

Answer: Progress for this initiative will be measured solely based on eligible activity in primary market lending, investing, capital markets and advisory transactions, consistent with Bank of America’s methodology for its $1.5 trillion ten-year sustainable finance goal.

Question: Why is Bank of America announcing this now?

Answer: The $250 billion Critical Infrastructure Finance Initiative is in recognition of America’s 250th anniversary and reflects the important role private capital plays in financing the critical infrastructure that supports economic growth, innovation and competitiveness.

Question: How is the Critical Infrastructure Finance Initiative creating jobs?

Answer:

Infrastructure financing helps drive job creation across sectors including construction, manufacturing, technology and long-term operations. By providing capital for digital, energy and power, and core infrastructure projects, the initiative helps enable investments that support employment opportunities nationwide.Infrastructure investment and workforce development go hand in hand. Projects such as data centers, power generation facilities, grid modernization projects and transportation infrastructure require a highly skilled workforce to build, operate and maintain them. Alongside financing these investments, Bank of America supports workforce development through longstanding training, education and career pathway programs that help connect people to the skills and jobs these projects create.In 2025, Bank of America invested nearly $40 million in more than 730 workforce development partners including employers, nonprofits and community colleges across 97 U.S. markets. These partners estimate that the funding helped connect more than 90,000 people to employment opportunities and provided over 290,000 individuals with access to training, education and career-readiness programs.

Bank of America
Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving more than 69 million clients with approximately 3,500 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 60 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. As the #1 small business lender in the United States (FDIC), Bank of America offers industry-leading support to approximately 4 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and more than 35 countries and/or jurisdictions. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.

For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and register for news email alerts.

Reporters may contact
John Yiannacopoulos, Bank of America
Phone: 1.646.855.2314
john.yiannacopoulos@bofa.com 

Sheryl Lee, Bank of America
Phone: 1.657.234.9950
sheryl.lee2@bofa.com

 

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SOURCE Bank of America Corporation

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A La Carte Media Consulting Named No. 719 on the 2026 Inc. 5000 List, the Most Prestigious Ranking of America’s Fastest-Growing Private Companies

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Company Recognized for 477% Three-Year Revenue Growth, Earning a Place Among the Nation’s Most Successful Independent Businesses

CHICAGO, Aug. 12, 2026 /PRNewswire-PRWeb/ — A La Carte Media Consulting today announced it has been ranked No. 719 on the 2026 Inc. 5000 list, the annual list of the fastest-growing private companies in America. The list is the most prestigious ranking of the nation’s most successful independent and entrepreneurial businesses, recognizing companies that have achieved remarkable growth while driving innovation, creating jobs, and shaping the future of the economy. Past honorees include companies such as Microsoft, Meta, Chobani, Oracle, and Patagonia.

“We built A La Carte to bring together the agility and client-first mindset of an independent agency with the data, rigor, and capabilities of a major media company,” says CEO, Christa Chavez. “Six years later, ranking No. 719 on the Inc. 5000 is a pretty exciting sign that the model is working.”

“We built A La Carte Media Consulting to bring together the agility and client-first mindset of an independent agency with the data, rigor, and capabilities of a major media company,” says Christa Chavez Martay, CEO of A La Carte Media Consulting. “Six years later, ranking No. 719 on the Inc. 5000 is a pretty exciting sign that the model is working.”

This year’s Inc. 5000 recognizes a new class of companies redefining what growth looks like. From AI and advanced manufacturing to healthcare, consumer products, and professional services, these businesses are expanding their impact, creating jobs and proving that entrepreneurial ambition continues to fuel the U.S. economy. Among the 5,000 companies on the list, the median three-year revenue growth rate was 130%, and those companies have collectively added more than 627,208 jobs to the U.S. economy over the past three years.

For the full Inc. 5000 list, honoree company profiles, and a searchable database by industry and location, please visit: www.inc.com/inc5000.

“Every company on the Inc. 5000 has a story of perseverance, smart decision making, and a refusal to sit still,” says Mike Hofman, editor-in-chief of Inc. “Their growth reflects more than strong financial performance–it reflects creativity, resilience, and the customer focus required to build companies that make a lasting impact. We congratulate all honorees on this significant achievement.”

Inc. will celebrate the honorees at the 2026 Inc. 5000 Conference & Gala, taking place October 14–16 in Dallas, Texas and the top 500 will be listed in the Fall issue of Inc. Magazine. Tickets are on sale now.

Inc. 5000 List Methodology

Companies on the 2026 Inc. 5000 are ranked according to percentage revenue growth from 2022 to 2025. To qualify, companies must have been founded and generating revenue by March 31, 2022. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2025. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2022 is $100,000; the minimum for 2025 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons.

About A La Carte Media Consulting

A La Carte Media Consulting is a minority and women-owned, Chicago-based integrated media consultancy established in 2020. It partners with brands and agencies to deliver customized, performance-driven media strategy, planning, and execution across all paid and owned channels. With a digital-first approach and a flexible, client-focused model, A La Carte Media Consulting makes media planning simple, clear, and accessible. For more information, visit https://www.alacartemediaconsulting.com.

About Inc.

Inc. is the leading media brand and playbook for the entrepreneurs and business leaders shaping our future. Through its journalism, Inc. aims to inform, educate, and elevate the profile of its community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating the future of business. Inc. is published by Mansueto Ventures LLC, along with fellow leading business publication Fast Company. For more information, visit www.inc.com.

Media Contact
Christa Chavez Martay, A La Carte Media Consulting LLC, 1 513-226-6783, christa@alacartemediaconsulting.com, https://www.alacartemediaconsulting.com

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SOURCE A La Carte Media Consulting LLC

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Healthcare CFOs Face a Wide Readiness Gap as Business Performance and AI Value Expectations Rise, Deloitte Survey Finds

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73% of surveyed healthcare CFOs say they are expected to be regularly or heavily involved in enterprise decisions, yet only 49% feel well equipped to contribute

NEW YORK, Aug. 12, 2026 /PRNewswire/ — 

Key takeaways

CFO expectations are outpacing readiness: 73% of respondents say they are expected to be regularly or heavily involved in seven enterprise decision areas, while only 49% feel well equipped. That creates a 24-point average gap between expectation and enablement.The largest CFO readiness gaps are in the decisions that they feel matter most: Patient experience, access and consumer affordability decisions show a 33-point gap, with 74% of the CFOs surveyed saying they are expected to be involved but only 41% feeling well equipped to do so. This gap is wider for health systems than in health plans, at 38 points versus 28 points respectively. M&A and growth show a 31-point gap, and care model transformation shows a 25-point gap.CFOs are striking an optimistic outlook for business performance, but preparedness is uneven: Nearly 60% of CFOs are targeting margin improvement of at least 2 percentage points over the next two years, yet only 47% say their organizations are prepared to manage the pressures affecting margin. The research identifies access, affordability, and quality as considerations CFOs may need to navigate as they continue to focus on margin improvement — alongside other key areas of performance including capacity and risk mitigation.AI value should move from promise to proof: Across the public commentary analysis, demonstrated value narratives rose from 9% in 2023 to 19% in 2026, though public discussions still emphasize anticipated outcomes more than proven financial results. Surveyed CFOs of only 18% of AI scalers consistently measure AI’s impact financially.GLP-1 and specialty drug costs are another margin gap area for health plans: 85% of surveyed health plan finance leaders expect a moderate-to-major margin impact, but only 38% report that their organizations are well prepared to manage it.

Why this matters

Many healthcare chief financial officers report they are preparing for margin pressures amidst an expectation to play a broader enterprise role according to the three-part “2026 Healthcare CFO Research Series” from Deloitte. This may impact the organizational performance to deliver on their mission. The survey of 64 U.S. healthcare finance leaders — 32 from health systems and 32 from health plans — finds a 24-point gap between the CFOs expected to be regularly or heavily involved in enterprise decisions and those who feel well equipped to contribute effectively.

The research also shows that some healthcare organizations are pursuing margin goals while navigating uneven preparedness across key pressure points. Nearly 60% of surveyed finance leaders are targeting operating-margin improvement of 2 percentage points or more over the next two years, including 27% targeting improvement of more than 5 percentage points. At the same time, only 47% say their organizations are well prepared to manage the external factors and enterprise capability gaps that could affect operating margins. As noted in the “Deloitte U.S. Health Care 2026 Mid-year Outlook,” both sectors generally report they are entering the second half of 2026 with less room for error and a tougher operating test.

Further, the survey findings show AI investment is scaling faster than financial attribution capability for many. Of surveyed organizations, 44% are AI scalers (organizations with broader GenAI deployment). Yet CFOs of only 18% of AI scalers report that they consistently measure AI’s impact on revenue growth or cost savings. External market narratives also validate the survey findings. Deloitte analysis of 17,622 publicly available newsroom and press release articles across 62 health systems and health plans found that healthcare technology communications are shifting from excitement toward demonstrated value for many. Demonstrated value narratives increased from 9% of coverage in 2023 to 19% in 2026, while expected value remained the dominant framing at roughly 35% to 45% of coverage.

Key quotes

“Many healthcare CFOs report they are being asked to connect affordability, access, care transformation, technology and growth to enterprise value. The readiness gap between healthcare CFO expectations and enablement may be an organizational design gap. Finance leaders should be involved early with their C-suite colleagues and with access to the information involved in influencing decisions and help translate strategy into results that deliver on business outcomes and mission.”

Jay Bhatt, managing director, Deloitte Center for Health Solutions, Deloitte Services LP

“As some organizations reach for 5 percentage point margin growth amidst internal and external factors, there is an execution and readiness opportunity. The margin story may be less about choosing between growth and efficiency and more about building the capabilities to execute both. CFOs are well positioned to bring together financial, clinical, operational, talent and strategic perspectives — but they should have access to consistent measures of value, clear accountability, and the ability to connect investment decisions with outcomes.”

Alicia Janisch, vice chair and U.S. health care sector leader, Deloitte Tax LLP

Taken together, the findings suggest that the healthcare CFO role may be evolving from financial steward to enterprise value orchestrator working strategically and closer with C-suite colleagues to manage costs, risk, and deliver value. Organizations that bring finance leaders into decisions earlier, strengthen cross-functional planning and establish clearer measures of transformation value may be better positioned to improve margins, scale innovation and turn technology investments into measurable results.

Methodology
The survey was conducted in spring 2026 among 64 U.S. healthcare finance leaders, including 32 leaders from health systems with more than $1 billion in revenue and 32 leaders from health plans with more than 500,000 members. The survey questions examined finance leaders’ enterprise role and readiness; organizational margin expectations, pressures and preparedness; and technology investment priorities, AI adoption and scaling, return expectations, and financial measurement and attribution practices. The companion media analysis reviewed 17,622 publicly available newsroom and press release articles across 62 health systems and health plans published between January 2023 and May 2026. A GenAI-enabled thematic tagging approach, combined with human-in-the-loop validation, was used to identify dominant narratives across 15 enterprise themes. Technology-focused articles were subsequently analyzed to uncover the underlying value narrative.  

About Deloitte
Deloitte provides industry-leading audit, consulting, tax and advisory services to many of the world’s most admired brands, including nearly 90% of the Fortune 500® and more than 9,000 U.S.-based private companies. At Deloitte, we strive to live our purpose of making an impact that matters for our people, clients, and communities. We bring together distinct talents, technologies, disciplines, and an ecosystem of alliances to help tackle today’s most complex business challenges and drive long-term progress. Deloitte is proud to be part of the largest global professional services network serving our clients in the markets that are most important to them. Bringing more than 180 years of service, our network of member firms spans more than 150 countries and territories. Learn how Deloitte’s approximately 470,000 people worldwide connect for impact at www.deloitte.com.

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the “Deloitte” name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see www.deloitte.com/about to learn more about our global network of member firms.

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SOURCE Deloitte LLP

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SU Group Holdings’ Fortune Jet to Expand Security Training and Advisory Services Across Greater China

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Collaboration establishes a three-stage talent development platform spanning Shenzhen, Hong Kong and Macau, positioning SU Group to address growing demand from Mainland China’s security industry

HONG KONG, Aug. 12, 2026 /PRNewswire/ — SU Group Holdings Limited (Nasdaq: SUGP) (“SU Group” or the “Company”), an integrated security-related engineering services company in Hong Kong, today announced that its subsidiary, Fortune Jet Management & Training Co. Limited (“Fortune Jet”), has signed a three-party memorandum of understanding (“MoU”) to develop an integrated security training, certification and practical-experience platform serving enterprises across Greater China.

Fortune Jet entered into the MoU with Bastion Strategy Education Consulting (Shenzhen) Co., Ltd. (“Bastion Strategy”) and the Security Services Commercial Industry Association of Macau (the “Association”). The collaboration brings together Mainland China market access and technical resources, Hong Kong-based training standards and certification capabilities, and Macau’s role as an international commercial gateway.

The parties intend to develop a long-term strategic partnership centered on a three-stage talent development framework: “Shenzhen Training, Hong Kong Training and Certification, and Macau Practical Experience.”

The program will target large-scale Mainland Chinese security enterprises seeking to modernize their operations, strengthen management capabilities and expand their access to Hong Kong and Macau. Planned services include management consulting, executive training, professional certification and cross-border business development support.

“Security companies across Mainland China are looking for practical ways to strengthen their leadership, raise professional standards and connect with international markets,” said Dave Chan, Chairman and Chief Executive Officer of SU Group. “This collaboration brings together complementary capabilities across Shenzhen, Hong Kong and Macau to create a differentiated platform for training, certification and real-world experience. We believe it can expand Fortune Jet’s market reach, deepen SU Group’s relationships across Greater China and create an attractive foundation for long-term growth.”

Strategic Partners:

Fortune Jet Management & Training Co. Limited, a subsidiary of SU Group, provides professional management and training services based on Hong Kong standards and industry practices.Bastion Strategy Education Consulting (Shenzhen) Co., Ltd. is a specialized security-sector consulting firm in Mainland China. It provides build-operate-transfer solutions, consulting, professional training and related services to clients nationwide.The Security Services Commercial Industry Association of Macau is a nonprofit organization dedicated to advancing professional security services and providing a platform through which members can exchange knowledge, experience and industry best practices.

The MoU reflects the parties’ shared objective of supporting the modernization and high-quality development of Mainland China’s security industry while promoting stronger commercial and professional ties among Shenzhen, Hong Kong and Macau.

About SU Group Holdings Limited

SU Group (Nasdaq: SUGP) is an integrated security-related services company that primarily provides security-related engineering services, security guarding and screening services, and related vocational training services in Hong Kong. Through its subsidiaries, SU Group has been providing turnkey services to the existing infrastructure or planned development of its customers through the design, supply, installation, and maintenance of security systems for over two decades. The security systems that SU Group provides services include threat detection systems, traffic and pedestrian control systems, and extra-low voltage systems in private and public sectors, including commercial properties, public facilities, and residential properties in Hong Kong. For more information visit www.sugroup.com.hk

Forward-Looking Statements

The Company makes forward-looking statements in this report within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks and uncertainties, including the closing of the offering, and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. These statements may be preceded by, followed by or include the words “may,” “might,” “will,” “will likely result,” “should,” “estimate,” “plan,” “project,” “forecast,” “intend,” “expect,” “anticipate,” “believe,” “seek,” “continue,” “target” or similar expressions. These forward-looking statements are based on information available to the Company as of the date of this report and involve substantial risks and uncertainties. Actual results may vary materially from those expressed or implied by the forward-looking statements herein due to a variety of factors, and other risks and uncertainties set forth in our reports filed with the U.S. Securities and Exchange Commission. The Company does not undertake any obligation to update forward-looking statements as a result of new information, future events or developments or otherwise.

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SOURCE SU Group Holdings Limited

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