Bank of america Stories
BofA agrees to give more details on Merrill
Bank of America Corp agreed to give federal authorities more information about why it refrained from disclosing details about Merrill Lynch's performance before it bought the investment bank, U.S. regulators said on Tuesday.
Merrill hires Goldman banker for SE Asia - sources
Bank of America-Merrill Lynch has hired Tan Chong Lee, who was last at Goldman Sachs, as its head of Southeast Asia investment banking, two sources familiar with the matter said on Tuesday.
BofA agrees to give SEC more details on Merrill
Bank of America Corp agreed to give regulators more information about why it refrained from disclosing details about Merrill Lynch's performance before it bought the investment bank, federal regulators said on Tuesday.
BofA agrees to waive Merrill legal privileges
Bank of America Corp agreed to waive legal privileges linked to its purchase of Merrill Lynch, in a step that could force the bank to hand over more details of how much it knew when it bought the investment bank, federal regulators said on Tuesday.
BofA to turn over documents on Merrill buy: report
Bank of America Corp has agreed to hand over to investigators documents describing the legal advice it received related to its purchase of Merrill Lynch, the Wall Street Journal reported on Monday, citing people familiar with the situation.
Lloyds lines up banks for rights issue - sources
British bank Lloyds (LLOY.L) has lined up six investment banks to run a rights issue expected to be worth over 10 billion pounds ($15.9 billion) as the lender seeks to cut its reliance on the government, people familiar with the matter said on Monday.
Oils, miners, Vodafone help FTSE break through 5,200
A rally by miners and energy stocks, spurred by firmer commodity prices, helped Britain's top share index extend gains by midday on Monday as it rose above 5,200 points for the first time since September 2008.
Small firms outpaced by big-caps on earnings
As third quarter earnings season takes off, bigger is better. With the U.S. economy emerging from recession, large cap stocks are set to have a stronger third-quarter earnings season than their mid and small cap counterparts, which are expected to rebound at a slower pace
BlackRock's board given two new BofA members
Bank of America Corp appointed on Tuesday two new directors to asset manager BlackRock Inc's board, swapping current and former bank employees.
Global and U.S. IPO league tables
The biggest week for initial public offerings in 18 months, fueled by offerings from Banco Santander (Brasil) SA and insurance risk specialist Verisk Analytics Inc that raised a combined $10 billion, provided a much-needed boost to investment bankers.
Any new U.S. unit boss may be early sign UBS to sell
Any change at the top of UBS's U.S. wealth management business could signal the Swiss bank is trying to rehabilitate its America franchise after a bruising tax row, ready for an eventual sale.
FDIC questions Citi management review: report
The U.S. Federal Deposit Insurance Corp is questioning the positive conclusions given to Citigroup Inc's management team in a government-mandated review in the aftermath of the financial crisis, the Wall Street Journal said, citing people familiar with the situation.
Pay czar urged to stop BofA CEO pension
A top U.S. labor group on Thursday asked the Obama administration's pay czar to stop any retirement payments to Bank of America Chief Executive Ken Lewis.
CORRECTED: Pay czar urged to stop BofA CEO pension
A top U.S. labor group on Thursday asked the Obama administration's pay czar to stop any retirement payments to Bank of America Chief Executive Ken Lewis.
Pay czar asked to stop BofA CEO pension
A top U.S. labor group on Thursday asked the Obama administration's pay czar to stop any retirement payments to Bank of America Chief Executive Ken Lewis.
Citi management gets satisfactory marks in review
A review of Citigroup Inc's management team, demanded by U.S. regulators in the aftermath of the financial crisis, gave it satisfactory marks, according to a person familiar with the matter.
ECB set to hold rates, caution on economy
The European Central Bank is expected to keep interest rates at a record-low 1.0 percent on Thursday and its head Jean-Claude Trichet will probably caution against high hopes of a speedy economic recovery.
Shareholder urges BofA to look for CEO outside
Bank of America Corp should look for a new chief executive outside of the company, a shareholder that has criticized the current management in the past said on Wednesday.
CORRECTED - U.S. stock futures signal firmer start for Wall St
* U.S. stock index futures pointed to a higher open for Wall Street on Wednesday, extending the previous session's sharp gains and ahead of the start of third-quarter earnings season, with aluminium group Alcoa (AA.N) the first in line.
Stock futures signal firmer start for Wall Street
Stock futures pointed to a higher open for Wall Street on Wednesday, extending the previous session's sharp gains and ahead of the start of third-quarter earnings season, with aluminum group Alcoa the first in line.
U.S. stock futures signal firmer start for Wall St
U.S. stock index futures pointed to a higher open for Wall Street on Wednesday, extending the previous session's sharp gains and ahead of the start of third-quarter earnings season, with aluminium group Alcoa (AA.N) the first in line.
Stock futures signal firmer start for Wall St
U.S. stock index futures pointed to a higher open for Wall Street on Wednesday, extending the previous session's sharp gains and ahead of the start of third-quarter earnings season, with aluminum group Alcoa the first in line.
Bank of America pledges halt on card rate hikes
Bank of America said it will not raise rates or change terms on consumer credit card accounts ahead of reform legislation slated to go into effect early next year, according to a letter released by a lawmaker on Tuesday.
Pay czar looking to rework employee pay packages: report
The Obama administration's pay czar plans to cut the cash salaries of the top employees at seven firms that have received large sums of government aid, in a bid to reshape their compensation packages, the Wall Street Journal said on Tuesday, citing people familiar with the matter.
BofA brings back iconic Merrill Lynch logo
Bank of America Corp will spend as much as $20 million in the fourth quarter of 2009 to relaunch Merrill Lynch's name and long-time bull logo.
American Express president leaves to seek CEO post
American Express Co President Alfred Kelly will leave the company early next year to seek an opportunity as a chief executive elsewhere, the credit card issuer said on Monday.
Wall Street set for bounce at open
Stocks were headed for an opening bounce on Monday, with investors scooping up shares beaten down in last week's selloff, while a report that Brocade Communications Systems Inc put itself up for sale may fan deal optimism.
Stock futures signal Wall Street rebound
Stock index futures rose on Monday, with investors poised to scoop up shares beaten down in last week's sell-off, while a report that Brocade Communications Systems Inc put itself up for sale may fan deal optimism.
Stocks set to open up, snap 4-day losing streak
Stock futures pointed to a higher start on Monday to snap a four-day losing streak. The futures for the Dow Jones industrial average, the S&P 500 and the Nasdaq Composite were up 0.5-0.6 percent at 4.22 a.m. ET.
US stocks set to open up, snap 4-day losing streak
U.S. stock index futures pointed to a higher start on Monday to snap a four-day losing streak. The futures for the Dow Jones industrial average DJc1, the S&P 500 SPc1 and the Nasdaq Composite NDc1 were up 0.5-0.6 percent at 0822 GMT.


