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Bank of America news from FierceFinance
NewsMust Bank of America shrink?
There's a been a lot talk about too-big-to-fail banks, risk management (risk management news), systemic threats and what the Fed and other regulators ought to do. But there's apparently a simpler... Read more...
Big job hunt: Next CFO of Bank of America
Last month, the CFO (CFO news) job at Bank of America (BAC) opened up, when CEO Brian Moynihan (Brian Moynihan news) shook up his executive team. As part of the changes, then-CFO Joe Price was asked... Read more...
Banks ponder their options on card fees
It's no secret that banks have a lot of revenue to make up; overdraft fee (overdraft fee news) revenue has no place to go but down. You've got to make up that revenue somehow, and more banks are... Read more...
Why Bank of America got rid of overdraft fees
The banking industry continues to brace for a new rule, which will take effect July 1, requiring customers to opt-in to overdraft (overdraft news) protection programs. These programs of course have... Read more...
Stock loan trader charged
The boom in short selling (short selling news) prior to the financial crisis led to a fairly severe shortage of stock to be loaned, which gave rise to a rough-and-tumble cottage industry on Wall... Read more...
Second mortgage write-downs coming?
Modifications are still a crucial part of the government's strategy to deal with the real estate meltdown (credit crisis news). To further the cause of more modifications, which has gone slower than... Read more...
Bank of America, another wrongful foreclosure?
What's frustrating about gaffes that Bank of America (BAC) has suffered with its mangled attempts at home repossession is that they seem so avoidable. It's happened again. Angela Iannelli, of... Read more...
Wells Fargo, looming broker power?
Would it surprise you that Wells Fargo (WFC) is now the third largest brokerage? It employs 15,000 advisors and manages more than $1 trillion in wealth--and yet it somehow flies under the radar.... Read more...
Treasury cashes in on Bank of America warrants
The Treasury Department (Treasury news) auctioned off 272.17 million Bank of America (BAC Bank of America news) warrants, raising more than $1.5 billion. This is certainly good news for Treasury,... Read more...
Bank of America glass half-full?
It would be easy to interpret the auction of 272 million warrants on the Bank of America (BAC Bank of America news) stock as unqualified good news. After all, it means the bank has finally made good... Read more...
| Press ReleasesBank of America Merrill Lynch Launches CashPro® OnlineSAN FRANCISCO, Oct. 5 /PRNewswire/ -- Bank of America Merrill Lynch today announced the launch of its new CashPro® Online banking channel, which features intuitive technology that allows Read more >> Bank of America Announces Third-Quarter Net Loss of $1.0 BillionCHARLOTTE, N.C., Oct. 16 /PRNewswire-FirstCall/ --
Approximately $2.6 Billion in Writedowns From Improvement in Company Credit Spreads
Terminating Government Guarantee Term Sheet Costs $402 Million Read more >> Bank of America Names Milton Jones and Charles Bowman to New Market Leadership RolesCHARLOTTE, N. C., Sept. 26 /PRNewswire/ -- Bank of America Market President Executive Walter Elcock today announced new market leadership roles for Finance Services Executive Milton Jones and Global Read more >> Bank of America Names Bill Carey to Lead Business Retirement SolutionsBOSTON, Sept. 19 /PRNewswire/ -- Bank of America today announced the appointment of Bill Carey as national executive of Business Retirement Solutions. In this role, Carey will oversee the development Read more >> Bank of America Unveils Special Mortgage Refinance OfferGreat Rate Refi Event offers reduced interest rate or discount opportunity for refinance customers looking for confidence in their lender CHARLOTTE, N.C., Sept. 17 /PRNewswire/ -- Bank of America Read more >> |



