INVESTMENT

Bank of America Corp failed to meet a Monday midday deadline to hand over further details about its acquisition of Merrill Lynch to a congressional investigative committee, a panel spokeswoman said.

Bank of America Corp is close to exiting a loss-sharing deal with the Federal Reserve Board and U.S. Treasury that was designed to buttress against potential loan losses, the Wall Street Journal reported on Monday.

Bank of America Corp CEO Ken Lewis has survived troubled acquisitions, massive credit losses and two government bailouts, but experts question whether he can survive a series of investigations.

Wealthy U.S. individuals with hidden offshore bank accounts will get an extra three weeks to participate in an amnesty program that could help them avoid criminal prosecution, U.S. tax officials said on Monday.

Wealthy U.S. individuals with hidden offshore bank accounts will get an extra three weeks to participate in an amnesty program that could help them avoid criminal prosecution, U.S. tax officials said on Monday.

A congressman accused Bank of America Corp of meeting his requests for information with volumes of irrelevant documents and has set a Monday deadline for more information, according to a letter obtained by Reuters.

Modine Manufacturing Co, a maker of heating and cooling systems for vehicles, said it has started a public offering of 9 million common shares.

Metallurgical Corp of China, the firm that helped build Beijing's Bird's Nest Olympic stadium, made a modest debut in Shanghai on Monday, in a sign that a flood of new equity is weighing on market sentiment.

U.S. tax authorities will extend a limited amnesty program for U.S. taxpayers who have undeclared income on foreign accounts to October 15 from September 23, The Wall Street Journal said on Monday, citing unnamed government officials.

U.S. stocks headed for a lower open on Monday as a resurgent U.S. dollar took a toll on global commodity prices, with futures suggesting Wall Street would open down nearly 1 percent.

S&P 500 stock index futures sank further on Monday and global equity markets declined as investors reassessed stock valuations following a six-month run-up.

U.S. stock index futures fell on Monday as a resurgent U.S. dollar sparked a pullback in global commodity prices and investors sought more definitive signs to justify the market's six-month run-up.

U.S. stock index futures briefly cut losses on Monday after computer maker Dell Inc announced a $3.9 billion proposed takeover of Perot Systems .

Stock index futures pointed to a lower open on Wall Street on Monday, with futures for the S&P 500 down 0.6 percent, Dow Jones futures down 0.5 percent and Nasdaq 100 futures down 0.7 percent at 4:18 a.m. EDT.

Asian stocks eased on Monday, pulling further away from 13-month highs hit last week, as investors worried prices may have raced too far ahead of economic fundamentals, with shares in China feeling supply pressures ahead of a string of IPOs.

Asian stocks eased on Monday, pulling further away from 13-month highs hit last week, as investors worried prices may have raced too far ahead of economic fundamentals, with shares in China feeling supply pressures ahead of a string of IPOs.

A House of Representatives panel has told Bank of America Corp that it cannot use attorney-client privilege to withhold from Congress details on its purchase of Merrill Lynch, The New York Times reported on Monday.

An investment arm of Goldman Sachs Group is in talks with China's biggest privately-owned car maker Geely Automotive to buy about $250 million of the company's convertible bonds, two sources said.

An investment arm of Goldman Sachs Group is in talks with China's biggest privately-owned car maker Geely Automotive to buy about $250 million of the company's convertible bonds, two sources said.

Senior management at Cazenove and JPMorgan are thought to be close to agreeing a price for Cazenove's share of their J. P. Morgan Cazenove joint venture before the end of the year, the Independent on Sunday newspaper said.

Senior management at Cazenove and JP Morgan are thought to be close to agreeing a price for Cazenove's share of their JPMorgan Cazenove joint venture before the end of the year, the Independent on Sunday newspaper said.