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Bank of America News

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

4 hrs ago | Bloomberg

BofA Names Ex-Mitsubishi UFJ Tie-Up Chief Tokyo Branch Head

Bank of America Corp. named Miwa Ohmori, the former chief executive officer of Merrill Lynch & Co.'

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Related Topix: Banking, Financial Services, Merrill Lynch and Co, Investment Services, 9, North Carolina

Tue Jul 29, 2014

The Washington Post

VTB's Lenders Said to Await EU Sanctions Clarity on Russia

International lenders to VTB Group are waiting for details on European Union sanctions on Russia before deciding to approve a $1.5 billion loan to the bank, according to three people with knowledge of the matter.

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Related Topix: ING Group, Insurance, Financial Services, Banking, Business News

Housing Wire

DOJ demands more in BofA, Countrywide deal

Despite already offering $13 billion to end the government's mortgage securities probe, the Department of Justice is demanding billions of more from Bank of America for the dealings of Countrywide Financial Corp. and Merrill Lynch & Co.

Comment?

Related Topix: US News, Home, Mortgage, Personal Finance, Banking, Financial Services, Merrill Lynch and Co, Investment Services

The Washington Post

Deutsche Bank Debt Trading Beats U.S. Peers as Pretax Climbs

Deutsche Bank AG, Europe's biggest investment bank, surprised analysts by reporting revenue from debt trading that beat four out of five U.S. peers and helped boost pretax profit 16 percent.

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Related Topix: Banking, Deutsche Bank AG, Financial Services, Financial Markets, Citigroup, Business News

Seeking Alpha

Facebook, Inc. Hits Mega-Cap, Is Dow Jones Calling?

The Dow Jones Industrial Average is performing well so far this year, with new highs a regular occurrence .

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Related Topix: Startups, Facebook, IBM, Semiconductors, International Business Machines Corporation -- Microelectronics, Electronics, Beverages, CocaCola, Cable & Satellite, Telecom, ATT, Banking, Financial Services

Mon Jul 28, 2014

Seeking Alpha

Citigroup: Disappointed By Cowardly Management But Maintaining 'Buy'

Precedent was thrown out the window and Citi was fined three to four times what its competitors were on a relative basis.

Comment?

Related Topix: Banking, Financial Services, CitiMortgage, Citigroup

The Charlotte Observer

BofA to vacate Ballantyne building as it shrinks office footprint

The bank plans to vacate the Betsill building by the end of the year but remain in two other buildings the bank also leases in Ballantyne, spokeswoman Jennifer Darwin said Monday.

Comment?

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

TheStreet.com

Why TheStreet Ratings Team Reiterates Bank of America (BAC) Stock a 'Buy'

This is driven by a few notable strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover.

Comment?

Related Topix: TheStreet, Financial Services, Banking, Financial Markets

The Washington Post

BofA Names Coben, Deignan to Head Global Equity Capital Markets

Bank of America Corp. named Craig Coben and Mary Ann Deignan co-heads of global equity capital markets amid a boom in cross-border initial public offerings.

Comment?

Related Topix: Financial Services, Banking, Business News

Seeking Alpha

Bank Of America: The 'Flat Yield Curve' Myth Debunked

Anyone who reads my articles knows I think Bank of America is a terrific value at current prices.

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Related Topix: Financial Services, Banking, Financial Markets

Seeking Alpha

7 Beautiful One-Branch Bank Stocks Entire Communities Can Bank On

Many one-branch bank stocks like CABC, CPBO, and PZBW are particularly undervalued and poised to outperform the KBW Bank Index.

Comment?

Related Topix: Financial Markets, Banking, Financial Services

Sun Jul 27, 2014

American Reporter

The WilliesIS it All Over but the Crisis?

Those who thought that last week's government bailout of Fannie Mae and Freddie Mac would stabilize the financial markets got a wakeup call this week.

Comment?

Related Topix: Home, Mortgage, Personal Finance, Economics News, Subprime Mortgage Crisis, Bankruptcy, Banking, Financial Services

New York Post

Bank outlets shutter as mobile services grow

More and more bank branches are ending up like this one on the corner of 45th Street and 6th Avenue.

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Related Topix: Financial Services, Banking

New York Post

Bank outlets shutter as mobile services grow

More and more bank branches are ending up like this one on the corner of 45th Street and 6th Avenue.

Comment?

Related Topix: Financial Services, Banking

Fri Jul 25, 2014

ABA Banking Journal

SNL Report: Is $20 billion the new $10 billion?

There is no love lost between banks and the Durbin Amendment, but for the most part institutions appear to have accepted and managed around the vilified debit interchange fee cap during the four years following the passage of the Dodd-Frank Act.

Comment?

Related Topix: Financial Services, Banking

Sys-Con Media

BacTech Eliminates Debt Through Issuance of Common Shares

The total outstanding debt of $1,337,146 as of July 31, 2014 will be paid by the issuance of 26,742,934 common shares of the Company at a price of $0.05 per common share.

Comment?

Related Topix: Banking, Financial Services, Essex County, England, United Kingdom, World News, Greater London County, England, Social Software

Reuters

Ex-Bank of America trader avoids prison in muni bond case

A former Bank of America Corp derivatives trader who pleaded guilty to conspiring to falsify documents was spared prison on Friday after spending years helping the government probe bid-rigging in the $3.7 trillion municipal bond market.

Comment?

Related Topix: Banking, Financial Services, Securities and Exchange Commission, Corporate / Securities Law, Law, Home, Mortgage, Personal Finance

PE Hub

SunTrust Robinson Humphrey hires four to capital markets team

SunTrust Robinson Humphrey has hired four finance industry executives to its capital markets team.

Comment?

Related Topix: Financial Services, Banking, REIT, Personal Finance

Thu Jul 24, 2014

Bloomberg

Bank of America Names Paul Simpson Global Prime Brokerage Chief

Bank of America Corp., the second largest U.S. lender, named Paul Simpson chief of its prime brokerage after Stuart Hendel left earlier this year.

Comment?

Related Topix: Financial Services, Banking, North Carolina, US News

The Globe and Mail

Alternative to REIT sector has eye-popping yields

Investor skepticism toward mortgage investment corporations , while understandable, may obscure an opportunity to combine stable income with capital preservation at good prices.

Comment?

Related Topix: Home, Mortgage, Personal Finance, REIT, Banking, Stora Enso, Paper, Financial Services, Retail, Target

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