News From The Art World
The bank continues to collect, focusing on emerging contemporary art (some of those “emerging artists†have gone on to turn out to be canonical, like Romare Bearden, Ana Mendieta, and Nam June Paik). While the financial institution has labored with shoppers for more than a century to finance their passion—collections that concentrate on art, watches, aircraft—they decline to disclose particular facts and figures about their art-lending practices. Besides having its personal expansive art collection from which it lends complete exhibitions to museums and nonprofits, Bank of America provides loans in opposition to art collections valued …
