Bank of America news from FierceFinance
NewsWhat to make of the Bank of America board?
The Bank of America board is morphing. Ken Lewis was stripped of his chairman title, making way for Walter Massey. Several old-guard directors have transitioned off. But one commentator on... Read more...
Consumer groups, union target Bank of America
The Service Employees International Union and two consumer groups have mounted a campaign against Bank of America and other banks in part by using former Bank of America employees. Aiming for PR... Read more...
The big mystery surrounding Ken Lewis
The world still doesn't have a solid answer to a pressing question, and Fortune asks it: Before the big vote, why didn't Ken Lewis disclose to Bank of America shareholders anything about the mounting... Read more...
Bernanke testifies at House hearing
The politics of the Bank of America-Merrill Lynch deal were on display at a much awaited House hearing featuring Ben Bernanke. "I did not tell Bank of America's management that the Federal Reserve... Read more...
Nervousness over Bank of America earnings
We've seen a lot of equity analysts turn bullish on Bank of America. Some have waxed surprisingly optimistic, but there's still quite a bit of risk out there if you ask Citi analyst Keith Horowitz.... Read more...
Bank of America inherits Merrill gender issues
A 16-year veteran of Merrill Lynch has sued the company, charging that she and other female brokers were discriminated against by Merrill management. Her suit, which seeks class action status,... Read more...
Bank of America's capital raising binge
When it completes a debt exchange this week, Bank of America will have raised $38 billion. The AP notes that's $4.1 billion more than the $33.9 billion the Federal Reserve asked it raise as result of... Read more...
Countrywide's little black book
This month, a member of Congress asked Bank of America to provide some information about Countrywide's VIP lending program, which ostensibly provided mortgages to influential people at very favorable... Read more...
More on pay disadvantage at Citigroup
We've noted that the big banks that can't quickly shake their TARP burdens--Citigroup and Bank of America--face lots of issues, chief among them is the ability to attract to talent. CNNMoney notes... Read more...
Bove on the future of Citigroup
Richard Bove--a veritable media figure these days, the "dean of banking analysts" according to Barron's--is bullish on Bank of America and Citigroup. Speaking of the latter, "If you think we are... Read more...
| Press ReleasesBank 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 >> |
