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Bank of America News

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

15 hrs ago | Seeking Alpha

Cramer's Mad Money - 12 Things To Watch In The Week Ahead

Other stocks mentioned: PTC Therapeutics As earnings season approaches, Cramer reminded viewers that companies need to report better earnings, revenues and guidance to see an uptick in stocks.

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Related Topix: Startups, Yahoo!, Citizen Sports, Banking, Financial Services, Kinder Morgan Management, Energy, Kinder Morgan, Oil & Gas, Snap On, Appliances, Household Products

Sat Jul 12, 2014

Seeking Alpha

Bank Of America And MBIA Lead U.S. Bank Credit Default Swap Trading Volume

Bank of America and MBIA lead the trading volume ranks. High volume means a large diversity of opinion on the credit quality of the firm, not high risk necessarily.

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Related Topix: MBIA, Insurance, Financial Services, Banking, MetLife

Fri Jul 11, 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.

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

Forbes.com

Weekly Market Wrap: July 11, 2014

Most actively traded stocks include Bank of America down 0.39%, MGIC Investment lower by 9.74%, Facebook up 2.35%, General Electric up 1.32% and Apple about flat.

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Related Topix: Banking, Financial Services, Financial Markets, Mgic Invt Corp Wis, Insurance, Apple, Startups, Retail, CVS

Business Wire

Press release distribution, EDGAR filing, XBRL, regulatory filings

Hospital prices grew 2.1 percent, ... )--Summit Hotel Properties, Inc. today announced the three recently acquired Southern California assets have transitioned and are now manage... )--Research and Markets has announced the addition of the "China Air Compressor Industry Report, 2014-2017" repor...

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Related Topix: Banking, Financial Services, Real Estate, Ventas, Globecomm Systems, Cable & Satellite, Telecom

TheStreet.com

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

"We rate BANK OF AMERICA CORP a BUY. This is driven by a number of 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.

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

Seeking Alpha

A Plan To Save Citigroup Shareholders Billions Of Dollars

The DoJ is simply trying to make an example of Citi but the fine is disproportionate to the actions being punished.

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Related Topix: US News, Financial Services, Banking

Reuters

U.S. banks to lose profit cushion of releasing bad-loan reserves

The practice of dipping into funds set aside for bad loans, known as releasing loan-loss reserves, has helped the industry weather weak loan demand and lower fee income.

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Related Topix: Banking, Financial Services, Citigroup, Wells Fargo , Home, Mortgage, Personal Finance, Housing

Bloomberg

Bank of America Merrill Names Manaka as Japan M&A Head

Bank of America Corp. 's Merrill Lynch appointed Akihiko Manaka to lead its mergers and acquisitions advisory business in Japan .

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Related Topix: Banking, Financial Services, World News, Japan, Stanley, US News

Seeking Alpha

Bank Of America Is My Best Subversive Dividend Idea

Bank of America currently makes $10-$11 billion in annual profit and can readily support a $3 billion dividend payout.

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Related Topix: Banking, Financial Services

Thu Jul 10, 2014

Reuters

UPDATE 1-Bank of America names new SE Asia head amid financial deal boom

Bank of America Corp has appointed Mayank Saxena as head of its Southeast Asia financial institutions group , the latest in a spurt of investment bank hires in the financials sector amid a surge of dealmaking in Asia by banks and insurers.

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Related Topix: Financial Services, Banking

Reuters

Bank of America names Mayank Saxena head of SE Asia financials -memo

Bank of America Corp has appointed Mayank Saxena as head of its Southeast Asia financial institutions group, the U.S. bank said in an internal memo seen by Reuters on Friday.

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Related Topix: Financial Services, Banking

Business Journal

Attorney General Holder won't meet with BofA's Brian Moynihan

Brian Moynihan, CEO of Charlotte-based Bank of America , won't be meeting with U.S. Attorney General Eric Holder on settling the feds' probe into the bank's sale of shoddy mortgage securities, Reuters reports.

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Related Topix: Financial Services, Banking, JP Morgan Chase

Business Wire

Bank of America Merrill Lynch Makes Euromoney Awards History

This is the first time in the history of the Euromoney awards that any firm has simultaneously won both awards.

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

The Motley Fool

Will Becoming Smaller Pay Off For Bank of America Corporation and JPMorgan Chase & Co?

Over the past several years, many U.S. banks have been closing branches in an effort to improve efficiency of operations and to encourage customers to do more of their banking through mobile devices.

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Related Topix: Financial Services, Banking, JP Morgan Chase

Business Journal

Are we entering a post-Banktown era in Charlotte?

Don't panic. Bank of America isn't leaving town. Neither is Wells Fargo . But trends tell us it's probably time to start thinking about a post-Banktown Charlotte.

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Related Topix: Financial Services, Banking

Seeking Alpha

Own Nike, Goldman Or Visa? Here's Why You Should Worry

Not very good, if you look at the track record of their additions and subtractions to the Index over the last 20 years.

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Related Topix: Goldman Sachs, Financial Services, Investment Services, Apparel, Nike, Footwear, Banking, HP, Computers, Financial Markets

Bloomberg

Growth Seen Exceeding 3% as U.S. Expansion Enters Sixth Year

The fifth anniversary of the U.S. economic expansion will usher in a rare boon: growth exceeding 3 percent over a nine-month period, a Bloomberg survey of economists shows.

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Related Topix: Banking, Financial Services

Seeking Alpha

Citigroup Prepares To Write Obama A $7 Billion Check; Investors Should Steer Clear

It's estimated that Citibank will pay a $7 billion dollar fine for its shoddy mortgage practices before the financial crisis.

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Related Topix: Banking, Financial Services, Citigroup, Home, Mortgage, Personal Finance, US News

Reuters

UPDATE 1-U.S. judge tosses Miami mortgage discrimination suit against BofA

A federal judge has dismissed the City of Miami's mortgage discrimination lawsuit against Bank of America Corp, ruling the city lacked legal standing to sue for damages under the U.S. Fair Housing Act.

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

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