Bank of america Stories
JPMorgan loan losses overshadow higher Q4 profit
JPMorgan Chase & Co reported deep losses on mortgage and credit card loans in the fourth quarter, damping hopes that consumer credit is on the mend.
Wall St stumbles on JPMorgan, economic data
U.S. stocks slid on Friday after JPMorgan Chase & Co reported deep fourth-quarter loan losses and raised concerns about bank profits.
JPMorgan, consumer sentiment batter market
U.S. stocks slid from 15-month highs on Friday after JPMorgan Chase & Co reported deep fourth-quarter loan losses that raised concerns about earnings for the banking industry.
JPMorgan losses drag on bank shares, broader market
U.S. stocks slid on Friday, with bank shares leading the way, after JPMorgan Chase & Co reported deep fourth-quarter loan losses that raised concerns about earnings for the pivotal industry.
BofA, Capital One credit card charge-offs rise
Bank of America Corp and Capital One Financial Corp reported jumps in U.S. credit card charge-offs for December, suggesting consumers were stressed through the holiday shopping season.
JPMorgan loan losses overshadow higher profit
JPMorgan Chase & Co reported deep losses on mortgage and credit card loans in the fourth quarter, dashing hopes that consumer credit is on the mend and sending the bank's shares down 2.1 percent.
Banks weigh on Wall Street after JPMorgan earnings
Wall Street stumbled on Friday, weighed by banking stocks after disappointing results from JPMorgan Chase & Co set a gloomy tone for the coming week's earnings.
Stock futures lower after JPMorgan results
U.S. stock index futures pointed to a lower open on Friday as disappointing results from JPMorgan Chase & Co pressured banking stocks.
Stock futures sink after JPMorgan Chase results
U.S. stock index futures fell on Friday after disappointing results from JPMorgan Chase & Co pressured banking stocks.
JPMorgan profit soars on investment banking
JPMorgan Chase & Co reported better-than-expected fourth-quarter profit on Friday, but losses on mortgages and commercial loans continued to rise and its shares fell nearly 2 percent in premarket trading.
Stock futures dip after JPMorgan Chase results
U.S. stock index futures fell on Friday after disappointing results from JPMorgan Chase & Co pressured banking stocks.
Japan's Shiseido agrees $1.7 billion U.S. cosmetics buy
Shiseido Co Ltd , Japan's largest cosmetics company, has agreed to buy U.S.-based Bare Escentuals for $1.7 billion, as it looks to speed up its expansion and break into a new part of the North American market.
Market looks to JPMorgan earnings for direction
JPMorgan Chase & Co. is set to report earnings tomorrow at 7:00 a.m., New York time. Analysts are expecting earnings of $0.61 per share, according to data compile by FactSet.
Wall Street ticks higher, led by tech shares
Stocks traded slightly higher on Thursday, led by the technology sector after upbeat brokerage comments on Oracle Corp and ahead of an expected profit report from Intel Corp.
U.S. banks to report weak earnings, better outlook
Fourth-quarter U.S. bank results will show anemic lending and still-rising credit losses, but investors are focused more on 2010 outlooks for signs that the fledgling recovery might take hold this year, analysts said.
BofA moves CFO to retail bank post in reshuffling
Bank of America Corp said on Tuesday it would shift its chief financial officer to a job running its retail operations and seek a replacement CFO, one of several moves by new Chief Executive Brian Moynihan to put his imprint on the bank.
BofA names new management team
Bank of America Corp on Tuesday announced a reshuffled executive management team under new Chief Executive Brian Moynihan.
Bank levy fears, Alcoa batter Wall Street
U.S. stocks slid in a broad selloff on Tuesday as investors pummeled financials on concerns about a potential government levy on banks, while Alcoa Inc's disappointing results tempered optimism about the economic recovery.
Banks decline amid earnings, fee worries
U.S. bank stocks fell on Tuesday after reports that the Obama administration might charge banks more than $100 billion made investors worry about the sector's profits.
Wall St drops on bank levy worries, Alcoa
U.S. stocks slid in a broad selloff on Tuesday as investors pummeled financials on concerns about a potential government levy on banks, while Alcoa Inc's disappointing results tempered optimism about the economic recovery.
SEC sues Bank of America again, on Merrill losses
The Securities and Exchange Commission sued Bank of America Corp for a second time over its takeover of Merrill Lynch & Co, accusing the bank of failing to disclose huge losses at Merrill before shareholders voted on the merger.
Wall Street lower on earnings and bank jitters
Stocks fell on Tuesday, halting a six-day streak of gains, after weaker-than-expected results from Alcoa Inc and on concerns banks could face fees from the government to recoup losses tied to bailouts.
Wall St lower on earnings, bank jitters
U.S. stocks fell on Tuesday, halting a six-day streak of gains, after weaker-than-expected results from Alcoa Inc and on concerns banks could face fees from the government to recoup losses tied to bailouts.
BofA in talks to settle with Cuomo's office: report
Bank of America Corp is in talks with New York attorney general Andrew Cuomo's office to settle a probe on bonuses paid to Merrill Lynch executives, the New York Times reported, citing people with knowledge of the matter.
BoA in talks to settle with Cuomo's office: report
Bank of America Corp is in talks with New York attorney general Andrew Cuomo's office to settle a probe on bonuses paid to Merrill Lynch executives, the New York Times reported, citing people with knowledge of the matter.
Bank of America's Gregory Curl to lose risk post: report
Bank of America executive Gregory Curl is expected to lose the chief risk officer post he has held since mid-2009 as new Chief Executive Brian Moynihan installs his own circle of close lieutenants, the Wall Street Journal reported in its online edition.
U.S. judge rejects SEC bid to expand BofA complaint
A Manhattan federal judge on Monday rejected the U.S. Securities and Exchange Commission's effort to expand its lawsuit accusing Bank of America Corp of misleading shareholders over bonuses paid by Merrill Lynch & Co.
Judge rejects SEC bid to expand BofA complaint
A Manhattan federal judge on Monday rejected the U.S. Securities and Exchange Commission's effort to expand its lawsuit accusing Bank of America Corp of misleading shareholders over bonuses paid by Merrill Lynch & Co.
SEC seeks fresh charges against BofA
The U.S. Securities and Exchange Commission is seeking to charge Bank of America with failing to disclose extraordinary financial losses at Merrill Lynch prior to a shareholder vote on the merger between the two companies.
Obama, Cuomo target Wall Street bonuses
The White House and New York's top prosecutor attacked excessive Wall Street bonuses, as the nation's biggest banks prepare to hand out awards critics say were made possible by taxpayer bailouts.


