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Stock index futures pointed down about 1 percent on Monday after three weeks of gains, while markets awaited word from the government about the repayment of bank bailout money this week.

Stock index futures pointed down about 1 percent on Monday after three weeks of gains, and markets awaited government word about the repayment of bank bailout money this week.

Barclays Plc is in talks to sell Barclays Global Investors , the British bank said on Monday, with U.S. fund manager BlackRock the frontrunner to land the asset manager for about $12 billion.

John P. McMurray made it clear to his Countrywide Financial Corp bosses that they were playing a dangerous game with risk. But they didn't listen.

John P. McMurray made it clear to his Countrywide Financial Corp bosses that they were playing a dangerous game with risk. But they didn't listen.

Bank of America Corp. announced Friday afternoon the election of four new directors aiming to address Regulators’ concerns that that board lacks financial expertise.

Angelo Mozilo, who built the largest U.S. mortgage lender, was charged with securities fraud and insider trading on Thursday, making him the most prominent defendant in investigations into the U.S. subprime mortgage crisis and housing bust.

Bank of America Corp is forcing out Chief Risk Officer Amy Woods Brinkley, after a surge in credit losses led to a government bailout and an order by regulators to raise $33.9 billion of capital.

Bank of America’s top management circle will be changing at the end of June as chief executive Kenneth Lewis announced today that company veteran Gregory Curl will replace retiring Chief Risk Officer Amy Woods Brinkley.

Bank of America Corp is forcing out Chief Risk Officer Amy Woods Brinkley, after a surge in credit losses led to a government bailout and orders by regulators to raise $33.9 billion of capital.

Morgan Stanley is likely to be part of the first wave of major banks to exit the U.S. government's bank bailout program after recently selling more than $2 billion of shares, research analysts said on Wednesday.

Singapore state investor Temasek sold its stake in British bank Barclays Plc several months ago at a big loss, people familiar with the matter said on Wednesday.

Wall Street and European banks have long sat atop the rankings for arranging initial public offerings across Asia.

Bank of America Corp , JPMorgan Chase & Co and several other banks said they have raised more than $19 billion as lenders scramble to extricate themselves from Washington's grip.

Bank of America Corp , JPMorgan Chase & Co and several other banks said they have raised more than $19 billion as lenders scramble to extricate themselves from Washington's grip.

The bank on Tuesday touted the speed with which it has raised $33 billion in capital to nearly meet a government mandated goal that will serve to protect the bank from a worse than expected downturn in the economy.

Bank of America Corp , JPMorgan Chase & Co and several other banks said they have raised at least $18 billion as lenders scramble to extricate themselves from Washington's grip.

California's highest court on Monday ruled that Bank of America Corp need not pay a potential $1 billion or more to customers who claimed the bank illegally raided Social Security benefits to collect fees.

JPMorgan Chase & Co and American Express Co on Monday announced plans to sell $5.5 billion of common stock, hoping to position themselves to quickly repay funds from the government's bank bailout plan.

California's highest court on Monday ruled that Bank of America Corp need not pay a potential $1 billion or more to customers who claimed the bank illegally raided Social Security benefits to collect fees.

Goldman Sachs was on Monday selling up to about $1.9 billion worth of shares in Industrial and Commercial Bank of China at a discount of 4 percent to 6 percent to the Chinese lender's Monday closing price, according to a term sheet.

Bank of America Corp's corporate and investment banking unit has hired Ethan Harris as head of North America economics and David Bianco as head of U.S. equity strategy, two of the highest-profile appointments since the acquisition of Merrill Lynch & Co.

Goldman Sachs was on Monday selling up to about $1.9 billion worth of shares in Industrial and Commercial Bank of China at a discount of 4 percent to 6 percent to the Chinese lender's Monday closing price, according to a term sheet.

Three private equity firms have agreed to invest up to $450 million in First Southern Bancorp Inc, giving them control of a small Florida lender that could be used to acquire more banks.

Rewarding employees for hard work, and not just for showing up, has become a key tenet of good corporate compensation policy. So why are some Wall Street firms sending a very different message?

Bank of America Corp said on Thursday it may swap 200 million common shares for existing preferred stock, moving it more than $2 billion closer to plugging a $33.9 billion capital shortfall.

Major U.S. equity indexes were little changed on Wednesday after investors digested a key report on the housing market, though the Nasdaq rose on a semiconductor licensing agreement.

Bank of America Corporation announced Wednesday it was “well on its way” to reaching the $33.9 billion indicated Supervisory Capital Assessment Program (SCAP) buffer set by the Federal Reserve after it raised almost $26 billion to date.

Following a Morgan Stanley plan unveiled last week, Citigroup and Bank of America are likely to soon raise base salaries for investment bankers to compensate for limits on annual bonuses, the Wall Street Journal said, citing people familiar with the matter.