Thong M.  Nguyen net worth and biography

Thong Nguyen Biography and Net Worth

Vice Chairman of Bank of America
Thong M. Nguyen is vice chairman and head of Global Strategy & Enterprise Platforms at Bank of America. He serves as a member of the company’s executive management team, reporting to CEO Brian Moynihan.

Nguyen oversees Corporate Strategy, Strategic Initiatives, Enterprise Payments and the company’s Wealth Management platforms, as well as Enterprise Data Strategy, Non-Financial Regulatory Reporting (NFRR), Capital Planning, Global Real Estate, Global Procurement, Vendor Management, Business Continuity, Change Management and Operational Excellence.

Previously, Nguyen served as President of Retail Banking, with responsibility for operations of Bank of America’s coast-to-coast financial centers, contact centers and ATM networks, the nation’s leading digital banking platform, and Military Affairs Banking overseas.

Nguyen has also served as the Strategy, Sales and Operations executive for Consumer Banking at Bank of America. Earlier, he was Bank of America’s Corporate Strategy, Planning and Development executive, responsible for M&A/dispositions activities, New BAC (a long-term initiative to simplify operations and reduce costs at Bank of America), the BAC Private Equity portfolio, and the China Construction Bank strategic assistance effort.

Nguyen also held various other roles, including West Division executive for U.S. Trust; head of Fiduciary Solutions at U.S. Trust; head of Private Advisory Services at Global Private Banking; Global Corporate and Investment Banking business executive; and head of Global Wealth and Investment Management’s Marketing and Business Development groups.

Before joining Bank of America in 2003, Nguyen worked at GE Capital and McKinsey & Co.

Nguyen received a B.S. in mechanical engineering and an MBA in finance and marketing from Columbia University.

What is Thong M. Nguyen's net worth?

The estimated net worth of Thong M. Nguyen is at least $14.89 million as of August 6th, 2021. Mr. Nguyen owns 337,006 shares of Bank of America stock worth more than $14,885,555 as of December 21st. This net worth approximation does not reflect any other investments that Mr. Nguyen may own. Learn More about Thong M. Nguyen's net worth.

How do I contact Thong M. Nguyen?

The corporate mailing address for Mr. Nguyen and other Bank of America executives is 100 N. TRYON STREET, CHARLOTTE NC, 28255. Bank of America can also be reached via phone at (704) 386-5681 and via email at [email protected]. Learn More on Thong M. Nguyen's contact information.

Has Thong M. Nguyen been buying or selling shares of Bank of America?

Thong M. Nguyen has not been actively trading shares of Bank of America during the past quarter. Most recently, Thong M. Nguyen sold 80,000 shares of the business's stock in a transaction on Friday, August 6th. The shares were sold at an average price of $39.98, for a transaction totalling $3,198,400.00. Following the completion of the sale, the insider now directly owns 337,006 shares of the company's stock, valued at $13,473,499.88. Learn More on Thong M. Nguyen's trading history.

Who are Bank of America's active insiders?

Bank of America's insider roster includes Dean Athanasia (Insider), Frank Bramble (Director), James Demare (Insider), Lindsay Hans (President, Merrill Wealth Management), Matthew Koder (Insider), Bernard Mensah (President of International, Bank of America Chief Executive Officer, MLI), Brian Moynihan (Chairman & CEO), Thong Nguyen (Vice Chairman), and Andrew Sieg (Insider). Learn More on Bank of America's active insiders.

Are insiders buying or selling shares of Bank of America?

During the last twelve months, Bank of America insiders bought shares 2 times. They purchased a total of 5,514 shares worth more than $58,436.64. During the last twelve months, insiders at the financial services provider sold shares 31 times. They sold a total of 169,617,483 shares worth more than $6,952,319,792.10. The most recent insider tranaction occured on October, 15th when Major Shareholder Berkshire Hathaway Inc sold 8,694,538 shares worth more than $369,952,591.90. Insiders at Bank of America own 0.3% of the company. Learn More about insider trades at Bank of America.

Information on this page was last updated on 10/15/2024.

Thong M. Nguyen Insider Trading History at Bank of America

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
8/6/2021Sell80,000$39.98$3,198,400.00337,006View SEC Filing Icon  
2/22/2016Buy30,000$12.43$372,900.0040,035View SEC Filing Icon  
7/21/2015Sell7,520$18.06$135,811.20View SEC Filing Icon  
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Thong M. Nguyen Buying and Selling Activity at Bank of America

This chart shows Thong M Nguyen's buying and selling at Bank of America by year and by quarter.

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Bank of America Company Overview

Bank of America logo
Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates in four segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets. The Consumer Banking segment offers traditional and money market savings accounts, certificates of deposit and IRAs, non-interest and interest-bearing checking accounts, and investment accounts and products; credit and debit cards; residential mortgages, and home equity loans; and direct and indirect loans, such as automotive, recreational vehicle, and consumer personal loans. The GWIM segment provides investment management, brokerage, banking, and trust and retirement products and services; wealth management solutions; and customized solutions, including specialty asset management services. The Global Banking segment offers lending products and services, including commercial loans, leases, commitment facilities, trade finance, and commercial real estate and asset-based lending; treasury solutions, such as treasury management, foreign exchange, short-term investing options, and merchant services; working capital management solutions; debt and equity underwriting and distribution, and merger-related and other advisory services; and fixed-income and equity research, and certain market-based services. The Global Markets segment provides market-making, financing, securities clearing, settlement, and custody services; securities and derivative products; and risk management products using interest rate, equity, credit, currency and commodity derivatives, foreign exchange, fixed-income, and mortgage-related products. Bank of America Corporation was founded in 1784 and is based in Charlotte, North Carolina.
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Today's Range

Now: $44.17
Low: $43.10
High: $44.40

50 Day Range

MA: $44.78
Low: $41.33
High: $47.77

2 Week Range

Now: $44.17
Low: $31.27
High: $48.08

Volume

73,668,711 shs

Average Volume

38,317,621 shs

Market Capitalization

$338.91 billion

P/E Ratio

16.06

Dividend Yield

2.31%

Beta

1.33