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Bank of America News

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

10 hrs ago | Benzinga

Can You Think of 9 Companies with Stellar Customer Service?

Everyone has read about the customer service horror stories that plague every industry in existence.

Comment?

Related Topix: Harris Interactive, Advertising, Emerging Technology, Search Engines, Banking, Stora Enso, Paper, Financial Services

Sat May 18, 2013

Insider Monkey

Citigroup Inc (C), JPMorgan Chase & Co. (JPM): Who's Future Is The Brightest?

When I look at Citigroup Inc , I can't help but think of something that Peter Lynch said about Fannie Mae years ago.

Comment?

Related Topix: Banking, Financial Services, Citigroup, JP Morgan Chase , CitiMortgage, Wells Fargo

Reuters

UPDATE 1-US judge revives Dexia's mortgage lawsuit vs JPMorgan

A federal judge has revived a closely watched lawsuit accusing JPMorgan Chase & Co of misleading Belgian-French bank Dexia SA into buying more than $1.6 billion of troubled mortgage debt.

Comment?

Related Topix: Home, Mortgage, Personal Finance, Banking, JP Morgan Chase , Financial Services, Insurance, American International Group, Second Circuit Court of Appeals, US News

Bloomberg

Aberdeen Sounds Alarm as Asia Bond Growth Soars: Credit Markets

The amount of dollar-denominated bonds issued by companies in Asia is growing almost 10 times faster than the global corporate debt market , raising concern that investors are lowering their standards as they seek to take advantage of the region's relatively high yields.

Comment?

Related Topix: Financial Markets, Banking, Financial Services, Merrill Lynch and Co, Investment Services

Fri May 17, 2013

Business Journal

Top of the List Slideshow: NC's Top 100 Public Companies

This week's Charlotte Business Journal lists N.C.'s Top 100 public companies, ranked by market value.

Comment?

Related Topix: Financial Services, Banking, Energy, Duke Energy

Thu May 16, 2013

Fox News

KeyCorp Raises Dividend 10%

KeyCorp , which agreed to buy a portion of Bank of America's $110 billion commercial mortgage servicing rights last week, raised its quarterly dividend on Thursday by 10%. The Cleveland-based provider of mortgage financing lifted its quarterly cash dividend to 5.5 cents a share, payable on June 14 to shareholders of record on May 28.

Comment?

Related Topix: Financial Services, KeyCorp, Banking, Business News

Business Journal

JPMorgan Chase to open commercial lending office in Hearst Tower

America's largest bank is putting a commercial lending office in Bank of America's backyard.

Comment?

Related Topix: Financial Services, Banking, JP Morgan Chase

Wed May 15, 2013

The Washington Post

Krawcheck to Acquire 85 Broads From Former Goldman Executive

Sallie Krawcheck, the former senior executive at Bank of America Corp. and Citigroup Inc., agreed to buy 85 Broads, the global network with 30,000 members that promotes women as business leaders.

Comment?

Related Topix: Goldman Sachs, Financial Services, Investment Services, Banking, Citigroup, Social Software, Business News

The Motley Fool

You Want to See Bankers Going to Jail? Wish Granted.

Keep track of the stocks that matter to you. Help yourself with the Fool's FREE and easy new watchlist service today.

Comment?

Related Topix: Prison, Banking, Financial Services

Benzinga

Mid-Day Market Update: US Stocks Continue Rally, Large Cap Banks See Biggest Advances

Midway through trading Tuesday, the Dow was up 0.56 percent to 15,175.60, while the NASDAQ rose 0.64 percent to 3,460.81. The S&P was also up, rising 0.82 percent to 1,647.13. Top Headline Stocks continued their rally on Tuesday, with the Dow and S&P 500 hitting new intraday highs as investors expected the upward trend to continue.

Comment?

Related Topix: Financial Markets, Banking, Financial Services, CitiMortgage, Citigroup, Goldman Sachs, Investment Services

Fox News

Acquisition Bolsters Julius Baer Results

Julius Baer Group AG said Wednesday that assets under management rose 16% from the end of 2012 but cautioned investors that growth in new funds is being pressured by a crackdown on suspected tax evaders in Europe.

Comment?

Related Topix: Banking, Financial Services, Ubs Ag, Business News

Tue May 14, 2013

Bloomberg

Li Signals Reluctance on Stimulus to Boost China Growth

Chinese Premier Li Keqiang signaled policy makers are reluctant to use stimulus to counter a slowdown in the world's second-largest economy because the risks outweigh the benefits.

Comment?

Related Topix: World News, China, Asia, Li Keqiang, Banking, Financial Services,

Reuters

Us Stocks-Wall St jumps as banks lead indexes to new highs

U.S. stocks rallied to fresh highs on Tuesday as investors picked up large-cap companies' shares on the expectation that central bank stimulus will help propel the rally further.

Comment?

Related Topix: Financial Markets, Banking, Stora Enso, Paper, Financial Services, Citigroup, Birmingham, AL

Fox News

Dow, S&P Strike Fresh Highs in Broad Rally

The Dow and S&P 500 roared to fresh all-time highs Tuesday in a broad rally that was led by the financial sector.

Comment?

Related Topix: Financial Markets, Banking, Financial Services, JP Morgan Chase , Business News

Seeking Alpha

3 Reasons It's Time To Take Profits In Bank Of America Shares

Bank of America shares declined after the company reported earnings, however, the stock rebounded and is now back near 52-week highs.

Comment?

Related Topix: Financial Services, Banking, Financial Markets, JP Morgan Chase

The Washington Post

U.S. Stocks Rise on Bullish Tepper Comments, Confidence Data

U.S. stocks rose, with the Standard & Poor's 500 Index headed for its eighth record in the past nine sessions, on bullish comments from hedge-fund manager David Tepper and rising confidence among U.S. small businesses.

Comment?

Related Topix: Financial Markets, Small Business, Banking, Financial Services, Personal Finance, Citigroup, TakeTwo Interactive Software, Video Games, Software, Science / Technology

Business Journal

BofA is shifting some India IT contracts back to the US

Bank of America is shifting a small portion of its India-based information technology contracts to in-house departments or U.S.-based firms.

2 comments

Related Topix: Financial Services, Banking

Sys-Con Media

Key to Success, How to Profit: BAC, S, NOK and AMD

Give yourself an advantage in today's market. In order to become successful, you need to have information as it happens and understand how it plays out into future stock price.

Comment?

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

Mon May 13, 2013

Bloomberg

Brokers Go Gray as Youth Unsustainable Without Cold Calls

Alex Freemon was so eager to be a stockbroker after graduating from the Georgia Institute of Technology last year that he said he was happy to go door to door selling mutual funds for Edward Jones & Co.

Comment?

Related Topix: Atlanta, GA, Mutual Funds, Personal Finance, Financial Services, Merrill Lynch and Co, Investment Services, Banking, US News

PE Hub

Luxury Apparel Company Vince Selects Banks for Fall IPO: Sources

High-end sportswear brand Vince is close to filing for an initial public offering, according to two sources close to the situation.

Comment?

Related Topix: Kellwood, Apparel, Financial Services, Banking

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