Bank of america Stories
Stock futures down as investors pause after solid rally
Stock index futures edged lower on Tuesday as investors paused after the market hit a 13-month high in the previous session on expectations for prolonged low interest rates.
Stock futures edge down after stocks hit 13-month high
Stock index futures edged lower on Tuesday as investors paused after the market hit a 13-month high in the previous session on expectations for prolonged low interest rates.
EURO BONDS-FCE Bank, Fiat, Investor AB, ANZ, Smurfit
News, details on corporate bond issues in the European markets on Tuesday:
JPMorgan to add $4 bln in small business loans
JPMorgan Chase & Co is raising lending to small businesses by $4 billion this year and hiring more than 300 new bankers to cater to these businesses.
Intercell eyes FY loss on weak vaccine sales
Austrian biotech company Intercell scrapped its full-year profit target after third-quarter revenue for its Ixiaro vaccine against Japanese Encephalitis fell short of expectations.
BofA CEO search to drag until Thanksgiving: report
Bank of America Corp's CEO search could last until Thanksgiving, the New York Post reported on Friday.
BofA CEO search to drag until Thanksgiving - report
Bank of America Corp's CEO search could last until Thanksgiving, the New York Post reported on Friday.
Daily Outlook - Nov 6
Unemployment Hits 10.2 Pct; Nations' Keeping Economic Support for Now; AIG Rises Again
U.S. government backed $4.3 trillion in assets in crisis: report
The U.S. government guaranteed as much as $4.3 trillion in financial assets last year, making such backstops the biggest and riskiest part of Washington's response to the financial crisis, a bailout watchdog panel said on Friday.
BA hints worst over for business travel, shares up
British Airways signaled business is stabilizing, eclipsing news of a worse than expected first half loss and a prediction that revenue would slump by 1 billion pounds ($1.7 billion) this year.
Banks help FTSE gain 0.2% ahead of U.S. jobs data
Britain's leading share index was up 0.2 percent approaching midday on Friday with a rally by banks offsetting weakness in oil majors in thin trade as investors await the key U.S. October jobs report.
BofA's consumer bank chief eyes CEO job
Bank of America's consumer banking chief, tipped to be a leading candidate to replace outgoing chief executive Kenneth Lewis, said he is keen to step into the top job but will stay on if he misses out, addressing one of Wall Street's most talked-about issues.
BofA: Credit card loss rate could have peaked in Q3
Bank of America Corp's credit card loss rate may have peaked in the third quarter, but it will remain elevated for a substantial number of quarters, the bank's head of consumer banking said on Thursday.
PENPIX,Possible Lewis replacements at BofA,
Bank of America Corp CEO Ken Lewis' year-end retirement is fast approaching and the bank's search committee is still hunting for a successor.
Daily Wrap Up - Nov 5
Widespread recovery doubts; More Caught in Trading Scandal; Microsoft-Yahoo Pact May Go Global
BNY Mellon's Kelly shoots down BofA CEO talk
Bank of New York Mellon Corp CEO Bob Kelly told the bank's senior managers he is not interested in the top job at Bank of America Corp , defusing speculation that he would leave his current post.
Bailed-out U.S. banks setting stage for pay bonanza
Eight major banks which were at the front of the line for government bailouts have already set aside $117.6 billion this year to pay employees, almost as much as they paid in all of 2008, a Reuters analysis has found.
CIT bankruptcy plan may win OK at December 8 hearing
A U.S. bankruptcy judge set a December 8 hearing to consider approval of CIT Group Inc's reorganization plan, aiding the large commercial lender's effort to emerge from bankruptcy by year's end.
Judge fast tracks CIT bankruptcy plan hearing
A U.S. bankruptcy judge set a December 8 hearing to consider approval of CIT Group Inc's reorganization plan, aiding the large commercial lender's effort to emerge from bankruptcy by year's end.
BofA CEO may be based outside Charlotte: report
Bank of America Corp is considering allowing its next chief executive to be based in a city other than Charlotte, North Carolina, the bank's long-time headquarters, Bloomberg reported on Tuesday.
Daily News Outlook - Nov 2
Ford Surprises, Credit Tough Amid CIT Woes; Summers' Summit
Daily Outlook - Nov 2
Uncertainty for Economic Growth;CIT's Capitulation; SEC's Missed Chances
BofA reaches out to BNY Mellon chief for CEO job
Bank of New York Mellon Corp Chief Executive Robert Kelly was recently approached about taking the CEO job at Bank of America Corp , but he has shown no interest in the job, The Wall Street Journal reported.
SEC in settlement talks with BofA, UBS: report
The Securities and Exchange Commission is in settlement talks with several large financial institutions to resolve investigations into the awarding of municipal investment contracts, the Wall Street Journal reported on Saturday.
UPDATE 1-BofA-Merrill upgrades Genworth Financial to buy
Bank of America-Merrill Lynch raised Genworth Financial Inc (GNW.N) to buy from neutral saying the life and mortgage insurer was an attractive potential rebound story once the financial crisis ends.
Pay czar vows to rework 2010 AIG bonuses
Renegotiating bonuses to American International Group employees is a top priority, the Obama administration's pay czar said on Wednesday, adding he believes he can do so without losing key employees.
Pay czar vows to rework AIG bonuses
Renegotiating bonuses to American International Group employees is a top priority, the Obama administration's pay czar said on Wednesday, adding he believes he can do so without losing key employees.
Obama financial reforms advance in Congress
The Obama administration made gains on Tuesday in its push for U.S. financial reform, unveiling a landmark bill to tackle systemic risk in the economy and winning congressional committee approval for a measure to expose hedge funds to more government scrutiny.
Icahn says offering small CIT bondholders cake
Billionaire investor Carl Icahn on Tuesday offered CIT Group's small bondholders protection of the value of their debt if these investors support his effort to block the lender's reorganization plan.
BofA introduces automatic transfers for ML clients
Bank of America Corp said Merrill Lynch customers can now automatically transfer funds in retirement accounts into standard bank accounts, the first major new service launched by the combined company.


