Wednesday, September 19, 2012

Bank Of America

  • Bank of America Ramps Up Job Cuts

    Bank of America Corp. is accelerating a broad cost-cutting plan and has set a target of shedding 16,000 jobs by year's end—cuts that would see the company relinquish its title as U.S.

    online.wsj.com

  • Bank of America's site stuck in prolonged slowdown

    NEW YORK (CNNMoney) -- Bank of America's website was sluggish and intermittently unavailable for many users on Tuesday, in an outage that the bank hadn't explained by the end of the day.

    money.cnn.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

  • Disabled Employee Says Bank of America Fired Him for Slow Typing and Walking

    For three years, Daniel Herrmann, 38, worked in customer service for Merrill Lynch and then Bank of America after BoA acquired Merrill Lynch in January 2010.

    abcnews.go.com

  • U.S. Stocks Advance Amid Japan Stimulus, American Housing Data

    Bank of America Corp. and Home Depot Inc. added at least 1.5 percent to lead advances in the Dow Jones Industrial Average. An S&P index of homebuilders soared 3.8 percent as PulteGroup Inc. rallied 6.8 percent.

    www.sfgate.com

  • Treasuries Recoup Most of QE3 Losses Amid Growth Concern

    Volatility fell to the lowest level since May. Bank of America Merrill Lynch's MOVE index, which measures price swings based on options, slid to 57.5 basis points, approaching the 2012 low of 56.7 basis points reached on May 7. It touched a high for ...

    www.businessweek.com

  • Bank of America wasn't overpaid for servicing right, Fannie Mae audit finds

    Fannie Mae didn't give Bank of America special consideration in agreeing to pay more than $500 million to transfer servicing of 384,000 mortgages to firms more likely to prevent foreclosures, a U.S.

    www.washingtonpost.com

  • A Bank Zombie Lurks in Little Saigon

    Since then, we have all heard about the purported success of the bank bailouts during the financial crisis. For all of their struggles, companies such as Bank of America Corp. and Citigroup Inc. are paying or have paid back U.S. taxpayers with interest.

    online.wsj.com

  • National Bank Holdings prices IPO below range: source

    (Reuters) - National Bank Holdings Corp priced its initial public offering of 7.15 million class A shares at $19.25 per share, below its expected price range, according to a market source.

    www.reuters.com

  • Bank of America Raises Price Target on Yahoo! (YHOO)

    Yahoo! Inc. logo Yahoo! (NASDAQ: YHOO) had its price target increased by Bank of America from $17.00 to $18.00 in a research note released on Wednesday morning.

    www.jagsreport.com

  • Bank of America Names Gary Gore Virginia President

    Bank of America today announced that Gary Gore has been named Virginia president in addition to his role as Richmond market president for the company.

    pymnts.com

  • Wells, Morgan Stanley face investor claims on mortgage bonds

    (Reuters) - A law firm that reached a major settlement with Bank of America over allegedly defective mortgage bonds said on Wednesday that Wells Fargo and Morgan Stanley failed to perform their duties servicing $73 billion in securities.

    www.chicagotribune.com

  • MONEY MARKETS-Counterparty risk measure at lowest since mid-2007

    LONDON, Sept 19 (Reuters) - Central bank action helped push down a barometer of counterparty risk in the euro zone this week to its lowest since the U.S. subprime crisis started in 2007, but has done little to breathe life into frozen money markets ...

    in.reuters.com

  • SCANA's Management Presents at Bank of America/Merrill Lynch 2012 Power ...

    Steve, thank you for having us. This is one of the greatest conferences that you're running. So it's a privilege to be here in front of you, next to Jimmy and the invited, Steve to be the part where we are now.

    seekingalpha.com

  • Bank of America Names Gary Gore Virginia President

    (BUSINESS WIRE)-- Bank of America today announced that Gary Gore has been named Virginia president in addition to his role as Richmond market president for the company.

    www.dailyfinance.com

  • Bank of America schedules foreclosure-avoidance workshop

    Bank of America said today it is hosting a homeowner event designed to give mortgage customers the chance to meet in person with the bank's home loan specialists who will explain all options available to help customers avoid foreclosure. The event will ...

    www.bostonherald.com

  • Bank of America Reiterates Buy on General Mills (GIS)

    General Mills (NYSE: GIS)'s stock had its "buy" rating reiterated by equities research analysts at Bank of America in a research note issued to investors on Wednesday.

    www.dailypolitical.com

  • The Zacks Analyst Blog Highlights: JPMorgan Chase, Bank of America, Standard ...

    Last month, JPMorgan had hinted in its quarterly filing with the U.S. Securities and Exchange Commission that the regulators have stepped up their scrutiny.

    www.sacbee.com

  • How Does Bank of America Think About Social Impact?

    A few weeks ago, Bank of America released its second annual Corporate Social Responsibility (CSR) report, and to better understand their efforts, impact and approach, I interviewed Andrew Plepler, Bank of America's Global Corporate Social ...

    www.forbes.com

  • US finance sector warned of cyber attacks

    A US financial industry group warned banks and other institutions to beware cyber attacks Wednesday, after some firms reported sporadic problems with their websites.

    phys.org

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