Bank of America News
News on Bank of America (Ticker: BAC) continually updated from thousands of sources around the net.
29 min ago | Seeking Alpha
After its earnings, Bank of America has traded a bit cautiously. However, this is on the heels of 35% gains for the mega-bank that it has posted over the past year.
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29 min ago | Seeking Alpha
The suit claims the defendants rigged securities markets over the past five years, naming dozens of large players in the industry.
1 hr ago | Reuters
Prime brokers cater exclusively to hedge funds, clearing trades and lending money.
3 hrs ago | AmericanBankingNews.com
Bank of America was the target of a large drop in short interest during the month of January.
Here's a little trivia for you. This week I am in Minnesota and Kansas, but 4,000 miles away not a single one of the country's ten biggest banks, including Bank of America, Chase, Citi, and Wells Fargo, has a retail location in Hawaii! The cost of doing business apparently isn't worth it for large banks, especially since Hawaii is a relatively ... (more)
Jim Probert, a 20-year veteran at Bank of America Merrill Lynch, has been promoted to be the new head of global capital markets at the bank.
A former senior vice president at Bank of America Corp who became a cooperating witness in the U.S. government's probe of bid-rigging in the $3.7 trillion municipal bond market avoided prison time or other punishment at his sentencing on Tuesday.
Barclays Plc said it will withdraw from most of its global commodities activities, joining banks from JPMorgan Chase & Co.
A simple press release stating a line in the sand would go a long way towards unlocking value in BAC shares.
Chambersburg >> The following deed transfers are public record in the Franklin County Register and Recorder's office.
Atlanta-based Banks Street Partners, a Southeastern investment bank serving financial institutions, has hired Matt Kennedy as an associate in its Charlotte office.
Merrill Lynch is dangling a new incentive in front of its brokers by creating a "recognition club" for those who bring in $8 million or more a year from clients, more than doubling the top goals set by its securities industry rivals.
The 1 core number I'm talking about net interest margin. This is the difference between what a bank is able to earn from loans and what it in turn pays out on deposits and other sources of funding .
Since it was first reported as a separate unit , CRES has logged nothing but losses.
In this 4-part series, we will review 4 individual stocks that are U.S.-based and overwhelmingly U.S.-centric.
Happy Monday-after-Easter. Here's your morning banking roundup: High-frequency traders get subpoenaed and sued, insider-trading convictions are tested and Citi doesn't want to share its shareholder meeting.
Bank of America reported an unexpected loss for the first quarter by setting aside billions in legal reserves in a move that is reminiscent of the kitchen-sink approach which competitor JPMorgan Chase pulled off in the third quarter of 2013.