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Bank of America News

News on Bank of America (Ticker: BAC) continually updated from thousands of sources around the net.

1 hr ago | American Banker

Six More Banks Join Swift's 'Know Your Customer' Registry Initiative

SourceMedia's Partner Insights program enables marketers to deliver relevant content and insights directly to the American Banker audience via SourceMedia's digital media platforms.

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Related Topix: SourceMedia, Barclays plc, Banking, Financial Services

5 hrs ago | Business Journal

Bank of America picks Countrywide vet Steve Boland to run home-loans unit

Bank of America veteran Steve Boland has been named the new home-loans origination executive for the Charlotte-based bank, filling a newly created position overseeing sales and fulfillment nationwide.

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Related Topix: Banking, Financial Services, Home, Mortgage, Personal Finance

5 hrs ago | Forbes.com

Tuesday's ETF with Unusual Volume: BSCF

The Guggenheim BulletShares 2015 Corporate Bond ETF is seeing unusually high volume in afternoon trading Tuesday, with over 2.9 million shares traded versus three month average volume of about 100,000.

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Related Topix: Banking, Financial Services, Insurance, Marsh and Mclennan Companies, Financial Markets

7 hrs ago | Reuters

UPDATE 1-CIT to buy OneWest Bank to boost middle-market lending business

U.S. small-business lender CIT Group Inc said it would buy regional lender OneWest Bank NA for $3.4 billion in cash and stock, its second deal in two months to boost its middle-market lending operations.

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Related Topix: CIT Group, Financial Services, Merrill Lynch and Co, Investment Services, Banking, Mortgage, Personal Finance

11 hrs ago | Forbes.com

Week Ahead Market Report: July 21, 2014

The US markets are slightly lower this afternoon, with the Dow down 0.17%, the S&P lower by 0.15% and the Nasdaq flat.

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Related Topix: Financial Markets, Plug Power, Electronics, Startups, Facebook, Banking, Financial Services

Mon Jul 21, 2014

Sys-Con Media

Shareholders of BacTech Approve Share Consolidation

The consolidation is subject to acceptance for filing by the Canadian Securities Exchange .

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Related Topix: Banking, Financial Services, Social Software

InvestmentNews

Investors getting scared of junk bonds

The past three weeks have marked the biggest collective souring on high-yield bonds since last June, bringing an abrupt halt to the 10.4% return over the previous 10 months.

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Related Topix: Financial Markets, Financial Services, Banking

Wall St. Cheat Sheet

Why Are Banks Refusing to Transfer Your Money Abroad?

Large financial institutions like Bank of America , HSBC , Citigroup , and JPMorgan Chase have dealt an expensive blow to immigrants and their families.

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Related Topix: Banking, JP Morgan Chase , Financial Services

National Mortgage News

B of A Puts Countrywide Vet in Charge of Mortgage Lending

Eight Reasons the Housing Recovery's Been So Slow From tight credit conditions to empty nesters, here is a litany of problems weighing on the housing market, as summarized in the minutes of last month's Federal Reserve policy meeting.

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Related Topix: Home, Mortgage, Personal Finance, Banking, Financial Services, Countrywide Financial

Business Journal

'It's OK to make a lot of money' and other no-nonsense advice from Tory Burch Foundation mentors

"Keep your optimism. You're going to need it. The glass is still half full," said Moira LoCascio, Tory Burch Foundation mentor and CEO of Charlotte-based consulting firm McLaughlin Young Group.

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Related Topix: Financial Services, Banking

Forbes.com

Interesting May 2015 Stock Options for Bank of America

Consistently, one of the more popular stocks people enter into their stock options watchlist at Stock Options Channel is Bank of America Corp. .

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Related Topix: Financial Services, Banking, Financial Markets

BroadwayWorld.com

Blumenthal Performing Arts' Christmas in July Special Begins 7/25

Blumenthal Performing Arts is bringing some early holiday spirit to show fans with the "Christmas in July" special starting Friday, July 25. Single tickets to some of the most exciting shows and special attractions coming to Charlotte will be on sale to the public.

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Related Topix: Financial Services, Banking

Business Journal

Women in tech is a hot-button trend, but BofA's Denise Menelly has been pushing it for years

Bank of America executive Denise Menelly: "I would say right now, to a woman in tech, the world is your oyster.

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Related Topix: Financial Services, Banking

Sat Jul 19, 2014

Seeking Alpha

Heartland Payment Offers Increasingly Diversified Growth

Integrated payment services are becoming increasingly important to maintaining competitive standing in the acquiring/processing world, but Heartland has already established good share in newer growth opportunities like school-based card services.

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Related Topix: Financial Services, Banking, Global Payments

The Charlotte Observer

Fashion mogul Tory Burch kicks off Charlotte-area initiative for women entrepreneurs

Tory Burch receives thunderous applause as she walks to the front stage to speak on Wednesday during the Elizabeth Street Capital Entrepreneurial Insights and Networking Event for Women Entrepreneurs at the Foundation For the Carolinas.

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Related Topix: Banking, Financial Services, Small Business, Personal Finance

Seeking Alpha

Bank Of America Earnings - Net Interest Income Continued To Fall; Definitely Worrying

In our original analysis we maintained a neutral stance on BAC despite a thriving wealth business, since we expected net interest income to fall again.

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Related Topix: Financial Services, Banking

Fri Jul 18, 2014

Forbes.com

Weekly Market Wrap: July 18, 2014

Most actively traded stocks include Advanced Micro Devices down 16.5%, Bank of America up 1.8%, Zynga down 1.3% and General Electric down 1%.

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Related Topix: Advanced Micro Devices, Startups, Banking, Financial Services, Financial Markets, Zynga

Business Journal

Billionaire designer Tory Burch says it pays to be generous, scrappy and a little stubborn

We know Tory Burch - the woman who went from startup founder to billionaire in a mere 10 years - is business savvy.

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Related Topix: New York, Non-Profit, Financial Services, Banking

Business Journal

Shumaker, Loop & Kendrick signs lease at Bank of America Plaza

Law firm Shumaker, Loop & Kendrick has leased 22,718 square feet at the Bank of America Plaza building in uptown Charlotte and will relocate from First Citizens Bank Plaza in the fall of next year.

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Related Topix: Financial Services, Banking, Charlotte, NC

Seeking Alpha

Microsoft Will Scream Under Satya Nadella

No sooner did I get finished writing a piece about the evolution of Microsoft and the role that Satya Nadella was going to play at the company, than he came out and told the market the company was going to be slashing 18,000 jobs over the next year.

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Related Topix: Microsoft, Startups, Wireless, Telecom, Nokia, Banking, Financial Services

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