Stock Markets September 1, 2026 10:59 AM

Bank of America Vice President Erin Piacenti Killed in Times Square Stabbing

Authorities say a woman armed with multiple knives stabbed two people before police used a taser and fired; Bank of America issues statement mourning loss

By Leila Farooq
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Erin Piacenti, a vice president at Bank of America, died from stabbing injuries sustained in an attack in Times Square. City officials said a woman carrying multiple knives stabbed two people before officers deployed a taser and then fired their weapons when the taser did not stop the attacker. Bank of America issued a statement expressing shock and sorrow.

Bank of America Vice President Erin Piacenti Killed in Times Square Stabbing
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Key Points

  • Erin Piacenti, a Bank of America vice president in business selection and conflicts, died from stabbing injuries sustained in Times Square.
  • City officials said a woman carrying multiple knives stabbed two people; officers used a taser and then fired when the taser failed to stop the attacker.
  • Bank of America issued a statement expressing shock and condolences; officials described the attack as random and unprovoked.

Sept 1 - Erin Piacenti, who served as a vice president focused on business selection and conflicts at Bank of America, died after being stabbed in Times Square on Monday.

In an emailed statement, the U.S. banking giant said: "We are shocked and deeply saddened by the tragic loss of our colleague. She was a valued teammate who will be greatly missed. Our hearts go out to her family and all of her loved ones."

According to a Bloomberg News report, which first reported the news, Piacenti died at the hospital from the injuries she suffered in the stabbing.

New York City Mayor Zohran Mamdani said in a Monday press briefing that a woman carrying multiple knives attacked two people in Times Square. Law enforcement officials attempted to subdue the attacker with a taser before officers fired their weapons, the mayor said.

NYPD Commissioner Jessica Tisch described the incidents as appearing to be random and unprovoked. Commissioner Tisch added that officers resorted to firing after tasers failed to halt the woman’s advance toward them while she was armed with knives.

The sequence of events outlined by city officials - an initial stabbing, an attempted taser deployment, followed by officers firing their weapons - was presented as the basis for the law enforcement response on the scene.

The loss prompted an internal acknowledgment from Piacenti’s employer, emphasizing her role on the bank’s team and expressing condolences to her family and close contacts. Beyond the statement of grief, the reporting identifies the victim by name and role and records the city officials’ characterization of the attack as random and unprovoked.

Details available in the public statements note that two people were stabbed and that medical treatment was provided at a hospital, where Piacenti succumbed to her injuries, as reported by Bloomberg News. Officials attributed the use of force by responding officers to the attacker’s continued approach with knives after taser attempts did not stop her.

As the facts stand in official statements and reporting: the victim’s identity and employer role, the location of the incident in Times Square, the description of the attacker as carrying multiple knives, the law enforcement sequence of taser deployment followed by gunfire, and the characterization of the attack as apparently random and unprovoked have been publicly communicated by city and police officials and by the victim’s employer.

Risks

  • Public safety concerns in high-foot-traffic areas such as Times Square, which can affect consumer confidence in urban retail and tourism sectors.
  • Potential short-term reputational and operational impacts for the employer due to an employee's death occurring in a widely reported public incident.
  • Uncertainty around the legal and investigative outcomes following use-of-force incidents by police, which may affect municipal law enforcement scrutiny and public perception.

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