A Bank of America vice president has died after she was stabbed during a daytime attack in the heart of New York City’s Times Square.

The victim has been identified as Erin Piacenti, who succumbed to her injuries following the attack on Monday, according to Reuters. Bloomberg News was the first to report her identity on Tuesday.

According to New York police, a woman and a 68-year-old man were stabbed at the intersection of West 42nd Street and Seventh Avenue at approximately 4:30pm local time.

Police officers who responded to the scene fatally shot the female suspect after she allegedly continued to advance toward them while armed with knives.

New York Police Department Commissioner Jessica Tisch described the attack as one that appeared to be random and unprovoked.

Tisch explained that officers initially attempted to subdue the woman using a Taser, but the attempt was unsuccessful, prompting them to open fire when she continued advancing toward them.

The 68-year-old male victim was rushed to hospital, where he was reported to be in stable condition.

Bank of America confirmed Piacenti’s death in a statement issued to Reuters.

“We are shocked and deeply saddened by the tragic loss of our colleague,” the bank said.

It added: “She was a valued teammate who will be greatly missed. Our hearts go out to her family and all of her loved ones.”

The stabbing took place in one of New York’s busiest districts. Times Square, often described as the “Crossroads of the World”, draws between 200,000 and 250,000 pedestrians daily, according to its official website.

The incident has also reignited attention on violent attacks targeting corporate executives in New York.

It comes just weeks after Luigi Mangione pleaded guilty to federal charges linked to the December 2024 killing of UnitedHealthcare CEO Brian Thompson.

Thompson was fatally shot on a New York street near West 54th Street and Sixth Avenue in Midtown Manhattan.

Mangione admitted in federal court that he had deliberately targeted Thompson when he pleaded guilty to interstate stalking resulting in death.

He still faces separate state charges in connection with the killing, although proceedings in that case have been postponed following his federal guilty plea.