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U.S. banks' first-quarter results will show that losses from credit cards and commercial and real estate loans have not yet peaked, and perhaps dash hopes that the worst of the banking crisis has passed.

Brian Moynihan, who heads Bank of America's (BAC.N) investment banking and wealth management divisions, is emerging as a potential successor to Chief Executive Kenneth Lewis, the Wall Street Journal said.

The U.S. government has launched an unprecedented array of actions to salvage the economy and stabilize the financial sector that could put up to $10.903 trillion of taxpayers' money at risk.

Stock futures pointed to a lower open on Tuesday after it was reported the International Monetary Fund was set to forecast toxic assets on the balance sheets of financial sheets could reach $4 trillion.

Bank of America's Merrill Lynch has recently closed the Tokyo office of Merrill Lynch Global Private Equity , a major international investment arm of the U.S. bank.

U.S. stock index futures pointed to a lower open on Wall Street on Tuesday as investors braced for aluminum producer Alcoa's quarterly results that will kick-start a keenly awaited U.S. earnings season.

Dell said Monday it has agreed to sell $500 million in notes due in 2014 with the largest bank in America serving as underwriters as shares gained 1 cent to close at $10.33 after analyst raise his share to a buy from neutral with price target of $11.40.

Shares of Bank of America, Citigroup, Wells Fargo declines Shares of the largest banks in United States tumbled on Wall Street after Calyon analyst Mike Mayo downgraded the stocks with an underperform rating.

Merrill Lynch & Co, now owned by Bank of America Corp , agreed to pay $75 million to settle a class-action lawsuit by employees who lost money investing in Merrill stock through their retirement plans.

U.S. stocks slid on Monday, as a prominent analyst warned the bank sector's problems still have further to run and the potential collapse of a takeover of Sun Microsystems hurt sentiment in the technology sector.

Congressman Dennis Kucinich on Monday asked the U.S. Securities and Exchange Commission to determine if Bank of America Corp violated federal securities laws by not disclosing Merrill Lynch & Co's plan to pay $3.62 billion of bonuses to top executives.

Stocks slid on Monday, as bank shares fell after a widely-followed analyst recommended investors reduce or sell holdings of several large bank stocks, sapping recent optimism on the health of the financial sector.

Stocks slid on Monday, as bank shares fell after a widely-followed analyst recommended investors reduce or sell holdings of several large bank stocks, sapping recent optimism on the health of the financial sector.

U.S. congressional budget analysts have raised their estimate of the net cost to taxpayers for the government's financial rescue program to $356 billion, an increase of $167 billion from earlier estimates.

Bank of America Corp Chairman and Chief Executive Kenneth Lewis said it may take several quarters for the bank to repay its $45 billion of federal bailout money, although he believes the U.S. economy may bottom out in the second half of this year.

Bank of America Corp Chairman and Chief Executive Kenneth Lewis said it may take several quarters for the bank to repay its $45 billion of federal bailout money, though he believes the U.S. economy may bottom out in the second half of this year.

U.S. regulators have reached the closing phase of stress tests to gauge the health of the nation's top banks, and are bracing for a battle to get those firms to accept tough appraisals.

Fresh speculation has swirled about mining giant BHP Billiton resurrecting a takeover bid for rival Rio Tinto, but such a move is unlikely before Rio repairs its balance sheet.

About 250-300 employees at fraud-hit Indian outsourcer Satyam Computer Services are joining Bank of America the Business Standard newspaper said on Wednesday.

Asia's banks are likely to step in with loans and boost their presence across the region as the credit crisis has forced big Western rivals to retreat.

U.S. activist investors are seeking to oust board members at beleaguered banks whom they blame for helping cause the companies' financial woes, setting the stage for drama at upcoming annual shareholder meetings.

A U.S. regulator has ordered Merrill Lynch & Co to pay close to $40 million after its Advest unit advised an endowment to buy a stake in a fund affiliated with the collapsed commodities broker Refco Inc.

China Construction Bank (CCB), the world's second-largest lender by market value, said on Monday it would be reasonable for major shareholder Bank of America to reduce its stake to 10 percent.

Stocks fell sharply on Monday as the Obama administration raised the specter of bankruptcy for U.S. automakers General Motors and Chrysler and Spain had to rescue regional savings bank CCM.

U.S. stock index futures pointed to a sharply lower open on Monday as the Obama administration threatened bankruptcy for two major U.S. automakers and Spain had to rescue regional savings bank CCM.

President Barack Obama said on Sunday he told the chiefs of the biggest U.S. banks that bonuses are not acceptable while many Americans struggle to meet basic expenses in the midst of a severe recession.

The President’s meeting with the top U.S. bankers on Friday was a non-confrontational gathering, which nevertheless saw the nation’s chief executive tell the industry leaders that it was necessary to show restraint while continuing to help the nation by continuing to lend, according to several reports.

The U.S. banking system showed some signs of thawing this week, but it may prove to be a false spring.

President Barack Obama won support from top bankers on Friday for his efforts to rid financial institutions of bad debts, but differences remained over broader U.S. plans for the financial industry.