Bank of America news from FierceFinance
NewsA look inside a struggling small bank
The headlines are dominated by the woes of big banks, the likes of Citigroup and Bank of America. But the most vulnerable banks of Read more...
Auction rates securities settlements in perspective
The news that Citigroup and Merrill Lynch will reimburse individual investors burned by auction rate securities to the tune of $17 billion is certainly eye-catching. The New York Times notes that the Read more...
What's Jamie Dimon waiting for?
Most people assume the cagey Jamie Dimon is angling to make another purchase, specifically one to build the retail-bank side of the firm. The rumors are heavy regarding several companies, notably Read more...
Covered bond market to become a reality
The Treasury, after talking to 50 or 60 institutions, is pushing for the creation of a "covered bond market" as a way to provide liquidity to banks while assuring investors their money is safe. Read more...
Banks bet on stadium sponsorships
Does Citi Field have the same ring as Shea Stadium? Well, it likely depends on who you are. Mets loyalists may grumble. But for the bank, it's a nice, albeit expensive, marketing move. Business Week Read more...
Washington Mutual lays an egg
Things were looking good for much of the commercial bank sector this week. The upside surprises from the likes of Citigroup, Bank of Read more...
Is Wall Street credibility an issue?
Breakingviews notes that a lot of CEOs should "now help themselves to generous portions of the sanguine words they have uttered over the last few months." Lehman Read more...
Bank of America: Another upside surprise
Bank of America joined Wells Fargo, Citigroup and a handful of other bank that reported better than expected earnings for the second quarter. It posted a gain of 72 Read more...
More on Ken Lewis's big bet
Ken Lewis, CEO of Bank of America, really bet his career on Countrywide. We've made that point repeatedly. For all the savvy deals he's pulled off--MBNA and 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... |