Friday, September 21, 2012

Bank of America

  • Iranian hackers target Bank of America, JPMorgan, Citi

    (Reuters) - Iranian hackers have repeatedly attacked Bank of America Corp, JPMorgan Chase & Co and Citigroup Inc over the past year as part of a broad cyber campaign targeting the United States, according to people familiar with the situation.

    in.reuters.com

  • Bank of America won't confirm report it's cutting jobs

    But even if the bank's job cuts don't reach the pace set out in The Wall Street Journal's report, job losses at Bank of America almost assuredly will continue to have an impact in Charlotte. Hundreds of people in the area work in the retail banking and ...

    www.kansascity.com

  • Bond Sales in U.S. Decline 11% From Fastest Pace in Six Months

    Sales of corporate bonds in the U.S. decreased 7 percent this week, falling from the fastest pace in six months, following announcements of central bank efforts to curb borrowing costs and stimulate growth. JPMorgan Chase & Co. (JPM), the biggest U.S ...

    www.bloomberg.com

  • UPDATE 1-Iranian hackers target Bank of America, JPMorgan, Citi

    Attacks began in late 2011, escalated this year-sources. * Hackers disrupted bank websites and networks-sources. * Attacks came after Iran beefed up cyber capabilities.

    in.reuters.com

  • Bank of America CEO just can't win

    Lewis got to run B. of A. (US:BAC) in the overleveraged days when acquisitions were relatively low-risk propositions. Sandy Weill at Citigroup (US:C), Ken Thompson at First Union Corp., Jamie Dimon at J.P. Morgan Chase & Co. (US:JPM) - hey, everyone ...

    articles.marketwatch.com

  • BofA Nixes Merrill Brand Resurrection: Sources

    CNBC Reporter. In the last six years, the Bank of America corporate family has markedly changed face: buying Countrywide, salvaging Merrill Lynch from the brink of collapse, shedding $40 billion in other assets and streamlining its workforce.

    www.cnbc.com

  • Total's Low-Profit Projects Cost Too Much, Bank of America Says

    Total SA (FP), Europe's third-largest energy company, is spending too much on low-profit oil and gas projects as it pursues expansion, Bank of America Corp. said. "Total's management team has an unhealthy obsession for growth that is leading the ...

    www.businessweek.com

  • Child Actors Sue Bank of America

    Bank of America is once again in the hot seat, this time for allegedly withdrawing money from child entertainers' bank accounts, according to a recent class action lawsuit.

    abcnews.go.com

  • Bank Of America Reduces Persistent Homeowner's Mortgage Rate

    Golden Valley, MN-- Most people love it when the little guy comes out on top in a David versus Goliath story. Well, Mike Gannon is playing the role of David, after coming out on top in a battle against Bank of America, the company that holds his mortgage.

    www.digtriad.com

  • Bank of America names Anne Walker strategy chief

    Bank of America names Anne Walker strategy chief. Charlotte Business Journal by Adam O'Daniel, Finance Editor. Date: Friday, September 21, 2012, 11:47am EDT.

    www.bizjournals.com

  • Bank of America to Pare Bank Payrolls Even More

    Bank of America is now speeding up its plan to cut 16,000 more bankers by a year, WSJ reports this morning. That will bring its total headcount to 260,000, down from a peak of 288,000 in 2010.

    blogs.wsj.com

  • RBS's Citizens, TD Bank overdraft fee accords win US court OK

    Citizens to pay $137.5 mln; TD Bank to pay $62 mln. * Lenders accused of reordering transactions to boost fees. * 14 lenders, including Bank of America, have settled. Sept 20 (Reuters) - Two large banks have won initial U.S. court approval to pay a ...

    in.reuters.com

  • Bank of America building adds four new tenants

    Owners of the Bank of America Financial Center have just signed four new tenants to lease nearly 30,000 square feet of office space in the 10-story building, in downtown Vancouver at Broadway and Eighth streets.

    www.columbian.com

  • Gold Bulls Extend Streak as Prices Jump on Stimulus

    Gold traders extended their bullish streak as analysts from Bank of America Corp. to Deutsche Bank AG forecast record prices by next year after central banks pledged more action to bolster economic growth.

    www.businessweek.com

  • Wisconsin Energy's CEO Presents at Bank of America/Merrill Lynch Power and ...

    Steve I. Fleishman - Bank of America/Merrill Lynch. One other question and we'll open up to the audience. So I guess along those lines, we do most of your peer group companies have a lot of capital needs, and funding needs et cetera.

    seekingalpha.com

  • 5 Most Lean and Mean Bank Stocks

    For Bank of America - saddled with very high mortgage loan servicing expenses as it works through the problem loans mainly inherited from the acquisition of Countrywide Financial in 2008 - improving efficiency is a core strategy.

    www.cnbc.com

  • New Wave of Job Losses to Hit Banking Sector: Expert

    The move by Bank of America and Nomura to shed large numbers of jobs is just scratching the surface of a redundancy wave that is set to hit the banking sector, Simon Maughan, financials sector strategist at Olivetree Financial Group, told CNBC on Friday.

    www.cnbc.com

  • B. of A. and J.P. Morgan weigh on Dow, financials

    NEW YORK (MarketWatch) - U.S. financial stocks led the broader market lower Thursday as big bank stocks fell after The Wall Street Journal late Wednesday reported that Bank of America Corp. was increasing its planned job cuts for the year to 16,000 as ...

    articles.marketwatch.com

  • Japan's central bank follows US lead in easing monetary policy to cushion ...

    Masayuki Kichikawa, an economist at Bank of America-Merrill Lynch, characterized the BOJ's move as a "pleasant surprise.

    www.washingtonpost.com

  • Cyberattack Warning Throws US Banks' Security Into High Gear

    Following threats of retaliation against U.S. banks for an anti-Muslim film, a financial services industry security firm has raised its threat level to high.

    www.technewsworld.com

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