Bank of America News
News on Bank of America (Ticker: BAC) continually updated from thousands of sources around the net.
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.
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.
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.
Precedent was thrown out the window and Citi was fined three to four times what its competitors were on a relative basis.
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.
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.
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.
Anyone who reads my articles knows I think Bank of America is a terrific value at current prices.
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.
More and more bank branches are ending up like this one on the corner of 45th Street and 6th Avenue.
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.
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.
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.
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.
Updated: Wed Jul 30, 2014 02:35 am
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