Bank of america Stories
2012 In Review: The Year Of Banks Behaving Badly
Among the top fines this year: sanctions-busting, deceiving the world on a benchmark interest rate, and even banking for drug lords.
Pre-Market Movers (Carnival, JPMorgan, Peabody, EMC, AIG, Tesoro, Bank Of America, Apple, NYSE Euronext, Facebook)
Carnival Corp, JPMorgan Chase, Peabody Energy, EMC Corp, American International Group, Tesoro Corp, Bank of America Corp, Apple Inc, NYSE Euronext and Facebook Inc. are among the companies whose shares are moving in pre-market trading Friday.
Top After-Market NYSE Movers (Tronox, Two Harbors, Bank of America, Discover Financial, Genco Shipping, M/I Homes, Wabash National, Headwaters)
The top after-market NYSE gainers Monday were Tronox Ltd, Two Harbors Investments, Bank of America Corp, Discover Financial Services and Quicksilver Resources Inc. The top after-market NYSE losers were Genco Shipping & Trading, M/I Homes, RAIT Financial Trust, Wabash National Corp and Headwaters Inc.
Why Bank Of America Became The Latest Foreign Bank To Leave Japanese Private Banking
Foreign investment banks are finding it hard to generate enough revenues to cover the high costs of doing business in Japan.
Pre-Market Movers (Freeport-McMoRan, Dynavax, Deutsche Bank, Telefonica, Nokia, Banco Santander, ASML Holding, Bank of America)
Freeport-McMoRan Copper & Gold Inc , Dynavax Technologies Corporation, Deutsche Bank AG, Telefonica S.A, Nokia Corporation, Banco Santander, ASML Holding N.V. and Bank of America Corp are among the companies whose shares are moving in pre-market trading Monday.
Megabanks Like Citi, Bank Of America, Barclays, UBS And JPMorgan To Do Well In 2013: Fitch
Next year should be a good one for big banks such as Bank of America, Barclays, Citigroup, JPMorgan Chase and UBS.
BOA: Worst Company In America?
A tale of how Bank of America personnel refused to believe a customer’s mother, one of their mortgage holders, had died.
US Sues Bank of America for $1 Billion, Asserting Fraud And Recklessness
The U.S. government said Wednesday Bank of America's fraud and recklessness cost taxpayers $1 billion.
Earnings Preview: Bank of America Seen With Modest Loss on Legal Charges, Headwinds
Expectations are low for Bank of America Corp. (NYSE: BAC), but that doesn't mean stock pickers aren't sweet on company shares.
Wall Street Pay Back To Pre-Recession Highs, Dwarfs Everyone Else’s Salary
It’s no secret that Wall Streeters make a lot more than the average New Yorker. This chart shows that things are likely to stay that way.
'Too Big To Fail' Banks Doing Worse Than The Rest in Key Areas: New York Fed
The Federal Reserve Bank of New York released a report suggesting vulnerability among the largest "too big to fail" U.S. banks.
Bank Of America Settles Merrill Lynch Shareholder Lawsuit For $2.46B
A three-year-old lawsuit over Bank of America's purchase of Merrill Lynch will be settled by Bank of America paying $2.43 billion.
Bank Of America Settles Shareholder Suit For $2.43B
Bank of America (BAC.N) said it will pay $2.43 billion to settle a class action lawsuit with investors who held its securities at the time the company announced plans to acquire Merrill Lynch.
Northwest Bank Completes Acquisition Of Bank Of America Branches
Northwest Bank announced completion of the acquisition of Bank of America (NYSE: BAC) locations in Spencer, Algona, Fort Dodge and Estherville, according to Spencer Daily Reporter.
Markets Keep Rallying, Companies Brace for Tough Q3
The stock markets are having a monster rally. But next earnings season might challenge that.
Did Fannie Mae Overpay Bank Of America For Servicing Rights?
The taxpayer-owned Fannie Mae paid more than legally required to Bank of America Corp (NYSE: BAC) and 12 other lenders when it spent $1.5 billion in termination fees for servicing rights on 1.1 million loans between 2008 and 2011. The mortgage giant argues that while it paid a premium over the minimum required price, it paid for the transfers at an ?appropriate rate.?
Is US Housing Sector Recovering? A Preview Of Wednesday's 3 Big Reports
Three key U.S. housing reports Wednesday are expected to show small improvements in the market.
On One-Year Anniversary, Occupy Wall Street's Diversity On Display During Protest
A year to the day after protesters descended on Zuccotti Park, launching what would become a national phenomenon, little has changed. The occupy Wall Street protesters who turned out to mark Occupy's anniversary had a vast number of causes.
Fed Speakers, Housing Data, Manufacturing PMI: Economic Events For Sept. 17-21
The continued weakness of the global economy will probably leave the two regional manufacturing PMI (Empire State and Philly Fed) and the national Markit PMI at low levels in September. Meanwhile, economists expect August?s data on housing starts and existing home sales to show that the housing recovery remains intact.
Wall Street Setting Itself Up For Collateral Meltdown Daisy Chain All Over Again: Bloomberg News
Less than 24 hours after the U.S. government reported it was mostly done with its money-losing bailout of AIG, a Bloomberg News article out Tuesday explained how Wall Street banks are setting themselves up for the next systemic crisis by playing at financial alchemy in the derivatives market.
Pre-Market Movers (Prana Biotech, Dryships, Sanofi, Tata Motors, Amarin, American International Group, ArcelorMittal, Delhaize)
Prana Biotechnology Ltd, Dryships Inc., Sanofi SA, Tata Motors, Amarin Corp, American International Group, ArcelorMittal and Delhaize Group are among the companies whose shares are moving in pre-market trading Tuesday.
Most Important Supreme Court Decision Of 2012: Six Things To Know
The most important court decision of 2012 will take place Wednesday in Germany, when the red-robed justices of the German Constitutional Court hand down a decision for which it is no hyperbole to say it could change the course of history. The Court is expected to rule over whether Germany is barred from contributing to the European Stability Mechanism, Europe's all-purpose bailout fund of which the German state is the major planned benefactor.
Proofpoint CEO: Cloud-Based Security Software Is Meeting Threats To Major Enterprises
Proofpoint Inc. (Nasdaq: PFPT), the security software developer that conducted an April IPO, is confident it can beat bigger rivals like Symantec (Nasdaq: SYMC) in the market because it uses the cloud, offers lower cost of ownership and is spending cash to devise new products. So far, none of its accounts has been successfully cyberattacked, said CEO Gary Steele.
FOMC, German Court’s ESM Ruling, And China August Data Dump: Economic Events for Sept. 10-14
The week is chock-full with data releases, but the Federal Reserve's policy meeting on Sept. 12-13 will carry the most weight.
Pre-Market Movers (Deutsche Bank, ING Groep, Rio Tinto, Cliffs Natural, Tata Motors, Bank of America, Audience, Pandora)
Deutsche Bank AG, ING Groep, Rio Tinto, Cliffs Natural Resources, Tata Motors, Bank of America Corp, Audience and Pandora Media are among the companies whose shares are moving in pre-market trading Friday.
August US Jobs Report Looks Bleak, May Trigger QE3
The stakes are high. Friday's August jobs report will be the last major data point for the Federal Reserve to consider ahead of the Sept. 12-13 FOMC meeting.
Obama's DNC Speech Moved Indoors Over Weather Concerns, Leaving Thousands Out In The Rain
President Barack Obama’s Democratic National Convention address in Charlotte is moving indoors after organizers said safety concerns from rough weather forecasts forced them to shift the gathering. The GOP contends the weather is a safe cover story for what is actually tepid enthusiasm and possibly many empty seats.
August Jobs Report, ECB Meeting: Economic Events for Sept. 4-7
During the holiday week, economy-watchers are likely to focus on Friday's August nonfarm payrolls report and the European Central Bank’s governing council meeting, on Sept. 6.
Democrats Open National Convention, Push For Obama's Re-election
The Democrats have gathered in thousands at the downtown football stadium at Charlotte, N.C., for the three-day Democratic National Convention starting Tuesday. The Party unveiled its formal 2012 election policy, ahead of the convention Monday night, advocating the strengths of their presidential candidate incumbent Barack Obama over Republican rival Mitt Romney.
Bernanke's Jackson Hole Speech - Live Blog: Will He Or Won't He QE3?
Two years after Federal Reserve Chairman Ben Bernanke announced plans for a massive second round of monetary stimulus -- so called QE2 -- at a yearly Fed summit in Jackson Hole, Wyo., the world's most powerful central banker returns, with markets primed for him to deliver on even more stimulus.


