Bank of America Newswire

Bank of America Newswire

Comprehensive Real-Time News Feed for Bank of America.

Results 1 - 20 of 3,009 in Bank of America

  1. Xi Swats - Blood-Sucking Mosquitoes'Read the original story

    1 hr ago | Bloomberg

    ... The anti-graft campaign has weighed on the economy, shaving about 1 percentage point off GDP, according to a Bank of America Corp. analysis released in April last year, as officials shy away from gift-giving and displays of wealth. That's not to say ...

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  2. A Second Look At Bank Of AmericaRead the original story w/Photo

    2 hrs ago | Seeking Alpha

    ... the facts change, you must be willing to change your opinion, if the facts warrant it. Recently the CFO of Bank of America (NYSE: BAC ) resigned. As I have articulated before, the failures with the stress test were a main example of managerial ...

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  3. Political sniping comes with Charlotte incentives dealRead the original story w/Photo

    6 hrs ago | Business Journal

    ... and warned colleagues against supporting a company aiming to take business away from locally based Bank of America and Wells Fargo, which has its East Coast hub here and retains a corporate link to the former First Union and Wachovia brands. "It ...

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  4. Fitch Places 48 U.S. RMBS Classes on Watch Positive Ahead of Countrywide Settlement PayoutRead the original story

    7 hrs ago | Business Wire

    ... in anticipation of potential future upgrades related to pending payouts from the $8.5 billion Countrywide/Bank of America settlement. A spreadsheet detailing Fitch's rating actions can be found at ' www.fitchratings.com ' by performing a title ...

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  5. CVR Refining LP Is A 90-Day Repeating Profitable StockRead the original story w/Photo

    7 hrs ago | Seeking Alpha

    ... pass over the value and investment opportunity of these stocks provide. If you look at Citigroup ( C ) and Bank of America ( BAC ) many analysts have these stocks ranked very high due to their company's strong quarterly reports. Some have stated ...

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  6. NY Times: Brian Moynihan Running BofA Like He's Good Will HuntingRead the original story w/Photo

    8 hrs ago | Dealbreaker

    ... of loyal lieutenants - many from his days at the regional bank FleetBoston Financial, which was acquired by Bank of America in 2003. At least five of the 13 members of Mr. Moynihan's executive management team, including a co-head of consumer ...

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  7. Harvard Professor Now Says Venezuela Won't Escape Default in '16Read the original story

    12 hrs ago | Bloomberg

    ... in bond payments due in the last three months of this year and about $10 billion in 2016, according to Bank of America Corp. estimates. Derivatives traders now put the probability of a Venezuela default over the next 12 months at 67 percent and at ...

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  8. 2 More Views On The Stock Market: Bloomberg And Bank Of AmericaRead the original story w/Photo

    13 hrs ago | Seeking Alpha

    Bank of America Merrill Lynch also has a new report out that is concerned with the number of stocks hitting new lows. Although neither of these reports says anything about the timing of stock market moves, investors need to take them under consideration, especially with the events going on in China's market.

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  9. Oil Suffering - Double-Dip' as BofA Sees Glut Lasting 18 MonthsRead the original story

    13 hrs ago | The Washington Post

    Oil prices are experiencing a long- anticipated "double-dip" amid a supply glut that will persist for another 18 months, according to Bank of America Corp. Risks to growth in China, the prospect of increased Iranian exports after this month's nuclear deal and a strengthening dollar "could continue to press oil lower," the bank said in a note dated July 24. Bank of America cut its third-quarter estimate for Brent to $50 a barrel from $54, while West Texas Intermediate was lowered to $45 from $50. Brent and WTI returned to bear markets in the past week after shedding 20 percent from peaks reached in June, as a plunge in China's stock market sparked concern that oil demand in the world's second-largest economy will falter.

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  10. Oil Steady in Bear Market on U.S. Supply, China Demand RisksRead the original story

    13 hrs ago | The Washington Post

    ... prices have suffered from negative macro news from China," Francisco Blanch, head of commodities research at Bank of America Corp. in New York, said in a report. "If cyclical conditions worsen or China experiences a hard landing, oil could head a ...

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  11. Deutsche Bank Said to Hire Delaville as London CDS Index TraderRead the original story

    15 hrs ago | The Washington Post

    Deutsche Bank AG hired Basile Delaville to trade credit-default swap indexes in London, according to three people familiar with the matter. Delaville previously traded index options at Bank of America Corp., said the people, who asked not to be identified because they're not authorized to talk about the appointment.

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  12. Oil Extends Decline in Bear Market Amid Signs Glut Will PersistRead the original story

    15 hrs ago | The Washington Post

    ... prices have suffered from negative macro news from China," Francisco Blanch, head of commodities research at Bank of America Corp. in New York, said in a report. "If cyclical conditions worsen or China experiences a hard landing, oil could head a ...

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  13. SolarCity Financing Targets Mom And Pop BusinessesRead the original story w/Photo

    Monday | Investor's Business Daily

    1 residential solar installer SolarCity says its expanded options will give businesses an opportunity to save 5% to 25% in energy costs over traditional utilities. Participating businesses won't be required to pay any upfront costs and will benefit from fixed, flat payments over 20 years, SolarCity says.

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  14. Bank Of America: Don't Read Too Closely Into The CFO ResignationRead the original story w/Photo

    21 hrs ago | Seeking Alpha

    There have been conflicting reports as to why Bank of America CFO Bruce Thompson resigned. Some believe Thompson was fired, while others believe that Thompson voluntarily stepped down because he was not in line for the top job.

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  15. Allen & Co. Said to Add BofA's Bacigalupo to Boost Stock TradingRead the original story

    Monday | The Washington Post

    Allen & Co., the boutique investment bank known for its annual conference in Idaho's Sun Valley, hired Bank of America Corp. veteran Scott Bacigalupo to expand its stock-trading business, people with knowledge of the matter said. Bacigalupo, 43, joined the closely held firm in June as a managing director after 21 years at Bank of America, said the people, asking to not be identified discussing personnel.

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  16. Bank of America senior exec grilled by Girl Scouts: 'Are some bankers good?'Read the original story w/Photo

    Monday | Business Journal

    A senior executive at California's largest bank met with a group of Girl Scouts in Charlotte and found that her industry's reputation is still bruised from the 2008 financial crisis. Cathy Bessant , a long-time Bank of America executive who was named chief operations and technology officer last week, discussed with the scouts her banking career and how being a Girl Scout taught her important leadership skills, according to my colleague Hilary Burns of the Charlotte Business Journal .

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  17. New Regulations Could Destroy PrimericaRead the original story w/Photo

    Sunday Jul 26 | Seeking Alpha

    ... of Retired Persons ("AARP") "enthusiastically support" the rules. Some individual firms, including Bank of America (NYSE: BAC ) (which paid $18 billion for defrauding clients ) and American International Group (NYSE: AIG ) (which paid $1.65 billion ...

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  18. The close: TSX breaks below 14,000Read the original story w/Photo

    Monday | The Globe and Mail

    ... ended down 184.87 points at 14,001.37. It breached 14,000 during the day for the first time since January. Bank of America Merrill Lynch says there's further downside risk for the Canadian dollar, calling for a 74-cent loonie by year's end. For more ...

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  19. Bank of America CFO's exit reportedly linked to desire to lead companyRead the original story w/Photo

    Monday | Housing Wire

    Bank of America shocked the market a bit last week, when it announced the departure of Bruce Thompson, the bank's chief financial officer and chief risk officer, without a great deal of explanation as to why Thompson was leaving after more than five years. According to the Reuters report, citing sources, Thompson wanted to lead Bank of America, not just manage its finances, and worried that he'd have to wait too long to replace current CEO Brian Moynihan.

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  20. Matthews mayor pro tem arrestedRead the original story w/Photo

    Monday | WCNC-TV Charlotte

    ... victim took out a protective order on Pata Monday morning in a Mecklenburg County court. Pata, who works for Bank of America, was not home NBC Charlotte reporter Richard DeVayne tried to speak with him. Pata is set to appear in court at 1 p.m. At ...

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