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Stocks slid on Tuesday after a prominent banking analyst warned that the sector's fundamentals have not yet improved, sparking a sell-off in bank shares.

U.S. banks, which have cut thousands of jobs during the two-year-old financial crisis, are suddenly racing to fill empty seats to make the most of soaring stock markets and narrowing credit spreads.

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A federal judge refused to approve a proposed settlement between the U.S. Securities and Exchange Commission and Bank of America Corp over the payment of bonuses to Merrill Lynch & Co employees, saying he was unable to determine if it was fair to the public.

A federal judge refused to approve a proposed settlement between the U.S. Securities and Exchange Commission and Bank of America Corp over the payment of bonuses to Merrill Lynch & Co executives, saying he was unable to determine if it was fair to the public.

A federal judge criticized on Monday a proposed settlement between the U.S. Securities and Exchange Commission and Bank of America Corp over the payment of bonuses to Merrill Lynch & Co executives.

Bank of America Corp on Friday revealed that its U.S. operations lost money in the second quarter as the quality of consumer and commercial loans deteriorated.

Bank of America Corp on Friday revealed that its U.S. operations lost money in the second quarter as the quality of consumer and commercial loans deteriorated.

American Express Co raised hopes for a battered credit card industry after estimating that bad loans were easing, but analysts cautioned that the sector is not out of the woods yet.

The first-time filings for state unemployment benefits declined by 38,000for the week ending August 1 to a seasonally adjusted 550,000, while the number of people who continued to collect regular benefits rose by 69,000 to a seasonally adjusted 6.31 million the prior week according to a Labor Department report released Thursday.

A federal judge refused to approve a settlement between a top U.S. regulator and Bank of America Corp over executive bonuses, the latest twist in the bank's star-crossed takeover of Merrill Lynch & Co.

A U.S. federal judge has refused to approve a settlement between regulators and Bank of America Corp related to the acquisition of Merrill Lynch & Co, stating that it could be unfair to the public.

U.S. stocks were set to open higher on Thursday as a sharp fall in the number of U.S. workers filing new claims for jobless benefits spurred optimism about the labor market and the pace of an economic recovery.

U.S. stock index futures rose on Thursday with investors eyeing a government report on weekly jobless claims and corporate earnings, one day after Wall Street ended a four-day rally.

U.S. stock index futures edged slightly higher on Thursday with investors eyeing a government report on weekly jobless claims and more corporate earnings, one day after Wall Street ended a four-day rally,

A U.S. federal judge has refused to approve Monday's settlement between the U.S. Securities and Exchange Commission and Bank of America Corp related to the acquisition of Merrill Lynch & Co.

The U.S. Securities and Exchange Commission plans to issue more subpoenas and give people more incentives to cooperate with investigations as it works to tighten oversight of financial markets.

Gong Fangxiong, chief economist for the Greater China region and head of the China Research Department at JPMorgan Chase Co., has been appointed as deputy chairman of the JP Morgan Chase's China investment bank, according to local media Caijing.

Stocks rose on Monday, pushing the S&P 500 index above 1,000 for the first time in nine months, as data on the manufacturing sector underscored optimism that the economy was recovering.

U.S. stocks climbed on Monday after data showed the hard-hit manufacturing sector edged closer to growth in July, pushing the S&P 500 above 1,000 for the first time in nine months.

Bank of America Corp has agreed to pay $33 million to settle charges that it made false and misleading statements to investors about bonuses at Merrill Lynch & Co, the U.S. Securities and Exchange Commission said on Monday.

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Bank of America Corp was charged by the SEC on Monday with making materially false and misleading statements in the Merrill Lynch acquisition, court documents said.

Asian corporate earnings have shown signs of improvement, stock markets have rallied hard and fund raising activity has picked up, but the tone from company executives remains cautious.

India's Bharti Airtel and South Africa's MTN Group extended talks to combine their operations to create the world's third-largest mobile operator and analysts said Bharti might need to sweeten its offer to clinch the deal.

Bank of America Corp said on Friday three directors had resigned, the latest in a series of departures at the bank at a time when it is shaking up its board at the behest of the government.

Bank of America said on Friday that three more directors have decided to leave its board bringing the number of exits this year to 10.

Three more directors have decided to leave the Bank of America board bringing the number of exits this year to 12. According to reports from the Wall street Journal, their decision to leave is not due to any disagreement with the Banking group nor its management.

Bonuses paid to executives at nine banks that received U.S. government bailout money in 2008 were greater than net income at some of the banks, the office of New York Attorney General Andrew Cuomo said on Thursday.