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Bank of America Corp agreed to sell First Republic private bank to a group of private equity investors.

The Obama administration plans to order that top earners at firms that received billions of dollars in government bailouts will see cash payouts cut by an average of about 90 percent from last year, a source familiar with the matter said on Wednesday.

The Obama administration plans to order that the top earners at firms which received billions of dollars in government bailouts will see their cash payouts cut by an average of about 90 percent from last year, a source familiar with the matter said on Wednesday.

U.S. stocks fell on Wednesday, hurt by a late sell-off in financial shares after an influential bank analyst recommended selling Wells Fargo shares and a wider-than-expected loss from Boeing disappointed investors.

U.S. stocks fell on Wednesday, hurt by a late sell-off in financial shares after an influential bank analyst recommended selling Wells Fargo shares and a wider-than-expected loss from Boeing disappointed investors.

Wells Fargo & Co and U.S. Bancorp posted earnings that trounced Wall Street expectations, helped by outsized revenue from underwriting mortgages.

Asset manager BlackRock Inc on Tuesday reported quarterly earnings rose a stronger than forecast 46 percent as more risk-tolerant clients shifted their investments to higher-margin products like stock and bond funds.

Caterpillar Inc reported stronger-than-expected quarterly earnings on Tuesday and raised its full-year forecast, hailing what it said were growing signs of a global economic rebound and sending its shares up more than 4 percent.

Asset manager BlackRock Inc reported a 46 percent jump in third-quarter earnings Tuesday, topping expectations, boosted by cost controls and increased appetite for risk among its clients.

Asset manager BlackRock Inc reported a 46 percent jump third-quarter earnings, topping expectations, helped in part by improved cost controls.

Adecco (ADEN.VX), the world's largest staffing company, is buying American rival MPS Group (MPS.N) for $1.3 billion, boosting its high-margin and more recession-resilient professional staffing business.

Adecco , the world's largest staffing company, is buying American rival MPS Group for $1.3 billion, boosting its high-margin and more recession-resilient professional staffing business.

Chinese property developer Evergrande Real Estate Group Limited plans to raise up to $769 million in a Hong Kong initial public offering, according to a term sheet obtained by Reuters on Monday, 63 percent below its attempted goal last year.

Expected strong quarterly earnings at Credit Suisse and a return to profit at Morgan Stanley will set the pace for the global wealth management sector as consolidation among private banks heats up.

News, details on bond issues in the European markets on Monday:

Two Bank of America directors have been asked to testify before Congress on the bank's acquisition of Merrill Lynch and ensuing fallout, a source familiar with the matter said on Friday.

U.S. stocks fell on Friday after disappointing results from General Electric Co and Bank of America Corp demonstrated the road to economic recovery will be bumpy.

Bank of America Corp posted a $1 billion quarterly loss on Friday as consumer credit woes eclipsed investment banking earnings, underlining why the bank remains on a government respirator.

U.S. stocks fell on Friday after disappointing results from General Electric Co and Bank of America Corp demonstrated the road to economic recovery will be bumpy.

(Corrects spelling of McDonald's name in paragraph 4)

U.S. stocks fell on Friday after disappointing results from General Electric Co and Bank of America Corp illustrated the road to economic recovery is still bumpy.

U.S. stocks dropped sharply on Friday after quarterly results from General Electric Co and Bank of America Corp showed that an economic recovery may be slow and bumpy, denting a four-day rally fueled by earnings optimism.

Merrill Lynch & Co's brokerage, the crown jewel that lured Bank of America Corp's chief executive into a takeover that ultimately cost him his job, is showing signs of a revival.

Wall Street fell on Friday after disappointing quarterly results from Dow components General Electric Co and Bank of America Corp threatened a weak end to an otherwise strong, earnings-fueled week.

Oil retreated from a year-high above $78 touched early on Friday after a renewed focus on brimming inventories, disappointing corporate earnings and a slip in consumer confidence chipped away at bullishness across financial markets.

Bank of America Corp posted its second quarterly loss in less than a year as it suffered from consumer credit losses.

Wall Street was set to drop at the open on Friday after disappointing quarterly results from Dow components General Electric Co and Bank of America Corp dragged stock futures lower.

Bank of America Corp posted a wider-than-expected third-quarter loss as improvement in its Merrill Lynch investment banking unit failed to offset consumer credit woes, sending its shares down 4.5 percent .

Wall Street was set to drop at the open on Friday after disappointing quarterly results from Dow components General Electric Co (GE.N) and Bank of America Corp (BAC.N) dragged stock futures lower.