Bank of America News
News on Bank of America (Ticker: BAC) continually updated from thousands of sources around the net.
2 hrs ago | Bloomberg
Wall Street banks, which already shut proprietary trading units that helped fuel record profits, are girding to learn next week how much revenue the Volcker rule may cut from the $44 billion they say comes from market-making.
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The first annual losses in U.S. government-backed mortgage bonds since 1994 are deepening as the dual threats of a new regulator and a Federal Reserve pullback leave buyers navigating around what JPMorgan Chase & Co.
's stock had its "neutral" rating reiterated by research analysts at Bank of America Corp. in a report released on Tuesday, Analyst RN reports.
Microsoft Corp. and Bank of America Corp. are marketing bonds in euros, spurring deals in the currency from U.S. borrowers to the most since 2008.
Investor's Alert - Bank of America Corp , Advanced Micro Devices, Inc. , Ariad Pharmaceuticals, Inc. , Halcon Resources Corp 'S CaddyStocks.com is keen to discover penny stocks with the potential to make short and long-term gains.
The firm set a "buy" rating on the stock. Separately, analysts at RBC Capital initiated coverage on shares of Brown-Forman Corp. in a research note to investors on Tuesday, November 26th.
Under terms of the agreement, Bank of America will pay Freddie Mac a total of USD 404m to resolve all outstanding and potential mortgage repurchase and make-whole claims related to loans sold to Freddie Mac from January 1, 2000 to December 31, 2009.
Bank of America inherited a lot when it acquired Merrill Lynch a few years ago. It inherited a world class wealth management firm but along with that, BAC also acquired Merrill's legal troubles and debts.
At the same time, Standard & Poor's also revised its outlook from "negative" to "stable."
John Stumpf, chairman and CEO of Wells Fargo & Co. , has been named American Banker 's "2013 Banker of the Year."
Welcome to Cyber Monday and the financial news roundup: Bank of America Corp. settles another legacy case, Citigroup's Mike Corbat is dubbed the "quiet" CEO and the Volcker Rule language could soon be public.
Many of the best financial advisers hope not just for proximity, but also lifelong kinship with the boldface names on their client lists.
After holdings of U.S. debt surged to a record $1.89 trillion in 2012, lenders from Citigroup Inc. to Bank of America Corp. and Wells Fargo & Co.
The firm set a "buy" rating on the stock. LGI Homes opened at 15.40 on Monday. LGI Homes has a 52-week low of $12.01 and a 52-week high of $16.03.
Wix.Com Ltd opened at 20.50 on Monday. Wix.Com Ltd has a 52-week low of $16.19 and a 52-week high of $20.53.
The firm set an "underperform" rating and a $36.00 price target on the stock. Bank of America Corp.'s target price would indicate a potential downside of 13.40% from the company's current price.
Agreement Resolves All Outstanding and Potential Residential Mortgage Representation and Warranties Claims for Loans Sold to Freddie Mac Through the End of 2009 )--Bank of America today announced an agreement with the Federal Home Loan Mortgage Corporation to resolve all remaining representations and warranties claims for residential mortgage loans ... (more)