Bank of America
Second-largest US bank, summoned to emergency AI security briefing by Treasury and Fed.
Last refreshed: 10 April 2026 · Appears in 1 active topic
Why did the US government call Bank of America to an emergency AI meeting?
Latest on Bank of America
- Why was Bank of America called to an emergency AI meeting in April 2026?
- Treasury Secretary Bessent and Fed Chair Powell summoned BofA and four other Wall Street CEOs on 8 April 2026 to discuss Anthropic's Claude Mythos, a frontier AI model capable of identifying thousands of software vulnerabilities.Source: Bessent-Powell emergency meeting, 8 April 2026
- Is Bank of America using AI to cut jobs?
- BofA has not announced AI-specific redundancies, though the banking sector is watching closely how AI restructuring at firms like Accenture may foreshadow wider changes.Source: ai-jobs-power-money topic
- What is Project Glasswing and does Bank of America have access to Claude Mythos?
- Project Glasswing is Anthropic's controlled-access programme for Mythos Preview. The twelve partners are cybersecurity firms, not Banks; BofA was briefed by regulators, not granted direct model access.Source: Glasswing partner list, April 2026
Background
Bank of America was among five Wall Street CEOs summoned to an emergency meeting at Treasury headquarters on 8 April 2026 by Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell. The meeting was convened specifically to assess Anthropic's Claude Mythos Preview , the first time regulators have called Wall Street leadership together over the capabilities of a frontier AI system.
Bank of America is the second-largest US bank by assets, serving approximately 69 million consumer and small-business clients across more than 3,800 retail financial centres. Its investment banking arm, BofA Securities, is a primary dealer in US government securities and a significant participant in capital markets globally.
The decision to include Bank of America in the Mythos briefing signals that regulators view advanced AI as a systemic financial risk, not merely a technology issue. Banks of BofA's scale operate critical infrastructure that could be targeted by AI-assisted cyberattacks, and their exposure to AI-driven market disruption makes them both potential victims and strategic stakeholders in any governance framework.