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Bank of America board faces CEO dilemma

If there’s one bank CEO who’s on the hot seat, it’s Bank of America’s Brian Moynihan, who won the job in January 2010 after an unusually grueling and public search. Since

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Eroding wall between research and banking

One legacy of the dotcom bust was the so-called global settlement that sought to reform sell-side stock research practices on Wall Street. The deal called for a large fine and steps to erect

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Bankers keep a low profile at Davos

The World Economic Forum in Davos always represents a good barometer of the public standing of banks. In the immediate aftermath of the financial crisis, the bank CEOs actually stayed away,

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Losers in Greek debt tragedy

The Greek debt situation does not look good and people are right to wonder how exposed U.S. banks are. At this point, the direct impact appears to be minimal. "The direct impact of a Greek

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Bank of America pays bonuses in stock

Bank of America has hit upon an interesting idea: In these tough times, why not pay a portion of cash bonuses in stock. For bonuses above $100,000, cash bonuses to be paid immediately will in reality

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Greenhill & Co. earnings soar

What to make of the boutiques? In the aftermath of the financial crisis, many staffed up, hiring talented bankers and traders fleeing the bulge bracket. But then the promise seemed to fade as the

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New mortgage investigation probe

Just when you thought that a far-reaching mortgage settlement between banks and state-and-federal regulators was near, along comes news of yet another investigation. A new federal-state mortgage

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Also Noted

Company News:       
> Bank of America vs. Arizona. Article
> Citigroup: banks have to win public trust. Article
> Bank of America CEO confident. Article
> Wells Fargo launches new mortgage programs. Article
> Wells Fargo creates new solar fund. Article
> Morgan Stanley sells Quilter. Article

Industry News:
> Money market funds cut Greek debt. Article
> Aggregate view of bank earnings. Article
> Low rates might punish banks. Article

Regulatory News:
> Geithner denies hostility to banks. Article
> Regulatory landscape unclear as of now. Article         

And Finally… Amazon’s hit man. Article