25/11/2014 19:22:34 Free Membership Login

Bank of America News (NYSE:BAC)

11/25/20147:20PMDJNSEC Grants Bank of America Short-Term Waiver from Hedge-Fund Restrictions
By Andrew Ackerman and Christina Rexrode Bank of America Corp. can continue selling shares in hedge funds and other private offerings after U.S. securities regulators gave the bank a short-term waiver from certain restrictions triggered by a recent fraud settlement. The Securities and Exchange Commission on Tuesday said... More...>>
11/25/20148:00AMBWMerrill Lynch and U.S. Trust Sign the United Nations Principles for Responsible Investment
Response to Growing Client Demand for Social Impact Investments Bank of America’s Global Wealth and Investment Management (GWIM) division today announced that it has signed the United Nations-supported Principles for Responsible Investment (PRI) on behalf of its discretionary asset management businesses. The unit (GWIM... More...>>
11/24/201410:30AMBWBank of America to Report Fourth-quarter 2014 Financial Results on January 15
Bank of America Corporation today announced it will report its fourth-quarter 2014 financial results on Thursday, January 15, 2015. The results are scheduled to be released at 7 a.m. ET, followed by an investor presentation at 8:30 a.m. ET. The live audio webcast, accompanying presentation and other earnings-related information... More...>>
11/24/201410:00AMBWJose Altuve Shows Houston a Convenient Way to Bank for the Holidays
Houston Astros All-Star Jose Altuve Showcases Unique Combination of Technology, Speed and Convenience Bank of America extends ATM with Teller Assist® across the Houston metro area, growing to 25 banking centers and more than 75 devices by year-end. ATMs with Teller Assist combine the technology of an ATM with the ability... More...>>
11/23/20143:15PMDJNFaith-Based Shareholders Prepare Day of Reckoning for Bank of America
By Christina Rexrode A faith-based shareholder group is asking Bank of America Corp. to separate the jobs of chairman and CEO, laying the groundwork for a potential showdown between the bank and some investors this spring. The Sisters of Charity of St. Elizabeth, based in New Jersey, filed the proposal with the nation's... More...>>
11/21/20145:06PMDJNTwo Top-Producing Advisers Leave Merrill Lynch--Street Moves
By Michael Wursthorn Merrill Lynch Wealth Management lost two more financial advisers this week, including one from its ultra-wealthy client team. James Hulburd, a high-net-worth adviser who managed more than $1.5 billion, left Merrill Lynch for UBS Wealth Management Americas, while John Van Donge, a $600-million adviser... More...>>
11/21/201410:39AMBWBank of America Partners with Global Alliance for Clean Cookstoves to Raise $100 Million for Clean Cooking Solutions
Bank of America today announced a partnership with the Global Alliance for Clean Cookstoves (GACC) to raise $100 million to help provide clean cooking solutions to millions of households in the developing world. Advancing clean cooking solutions – which greatly reduce emissions that are harmful to people’s health and... More...>>
11/20/20145:55PMDJNMerrill Loses Veteran Wealth Manager to UBS -- Street Moves
By Michael Wursthorn Bank of America Corp.'s wealth-management unit has lost a 33-year veteran. Douglas Twohill, who joined Merrill Lynch in 1981, left the firm this week to join rival UBS Wealth Management Americas, according to the Financial Industry Regulatory Authority's BrokerCheck database. Mr. Twohill made the move... More...>>
11/20/20141:22PMDJNAverage Wall St. Pay to Rise 4% This Year -- Update
By Justin Baer Wall Street pay will rise slightly this year, though the increase will be offset at some banks by huge legal settlements agreed to this year, an industry recruiter said in a new study to be released later this month. "This is the year those legal costs come home to roost," said Michael Karp, a managing partner... More...>>
11/19/20148:40PMDJNBank Payouts for Government-Job Takers Under Fire
A shareholder activist group is taking aim at the revolving door between banks and the U.S. government. The union group AFL-CIO sent letters Wednesday to seven banks, including Citigroup Inc., J.P. Morgan Chase & Co. and Goldman Sachs Group Inc., asking for more information on how they pay executives departing for... More...>>
11/19/20148:20PMDJNBank Payouts for Government-Job Takers Under Fire
By Christina Rexrode A shareholder activist group is taking aim at the revolving door between banks and the U.S. government. The union group AFL-CIO sent letters Wednesday to seven banks, including Citigroup Inc., J.P. Morgan Chase & Co. and Goldman Sachs Group Inc., asking for more information on how they pay executives... More...>>
11/19/20146:40PMDJNRegulators' Clarification Still Sows Banks' Unease
By Gillian Tan After repeated attempts by U.S. regulators to curb lending for debt-laden takeovers, Wall Street banks are still taking divergent views on whether they need to pass on potentially lucrative deals. Barclays PLC, Bank of America Corp., Goldman Sachs Group Inc. and Royal Bank of Canada's RBC Capital Markets... More...>>
11/19/20149:30AMBWTory Burch Foundation and Bank of America Expand Elizabeth Street Capital Initiative
Initiative Now Supporting Women Entrepreneurs in Los Angeles and Throughout Texas, Illinois and Missouri In recognition of global Women’s Entrepreneurship Day, the Tory Burch Foundation and Bank of America today announced the expansion of Elizabeth Street Capital to Los Angeles and throughout Texas, Illinois and Missouri... More...>>
11/19/20149:00AMBWBank of America/USA TODAY Release First Better Money Habits Millennial Report
Young People Think They Have Good Financial Habits, but Many Still Depend on Mom and Dad Millennials are confident in their ability to manage their finances, but their actions tell a different story, according to the Bank of America/USA TODAY Better Money Habits Millennial Report, released today. Even though a large majority... More...>>
11/18/20147:55PMDJNGoldman Hits Mother Lode on Deals
By Dana Cimilluca And Gillian Tan Goldman Sachs Group Inc. has cemented its position as the top Wall Street bank for mergers and acquisitions in one of the busiest years in the business. The New York bank, whose name is synonymous with deal making, this week landed roles on two big acquisitions worth a combined $100 billion:... More...>>
11/18/20148:30AMBWBofA Merrill Lynch Fund Manager Survey Finds Risk Appetite Lifts as Growth Expectations Pick Up
Nine-year High in Global Sentiment Towards Japanese Equities Global investors have a restored appetite for risk amid greater optimism over the outlook for profits and the economy, according to the BofA Merrill Lynch Fund Manager Survey for November. A net 47 percent of the global panel expects the economy to strengthen... More...>>
11/17/20147:19PMDJNHigh Court to Review Second-Mortgage Liens -- 2nd Update
By Katy Stech The country's top court Monday agreed to hear arguments on whether homeowners can cancel their second mortgages in bankruptcy when their properties aren't even worth the value of the first mortgage. The Supreme Court said it would review two appeals filed by Bank of America against bankrupt homeowners who... More...>>
11/13/20149:00AMBWBoston Small Business Owners Increasingly Likely to Hire and Grow Revenue in 2015
Fall 2014 Bank of America Small Business Owner Report Also Finds Bostonians Less Tech Savvy Than Their Peers Forty-four percent of Boston small business owners are planning to hire over the next 12 months, according to the fall 2014 Bank of America Small Business Owner Report, released today by Bank of America. This is... More...>>
11/13/20149:00AMBWAtlanta Small Business Owner Optimism Is on the Rise
Fall 2014 Bank of America Small Business Owner Report Also Shows Atlanta Entrepreneurs Give Themselves High Marks on Tech Savviness Atlanta small business owners are more optimistic about their own revenue growth and their local economy according to the fall 2014 Small Business Owner Report, released today by Bank of America... More...>>
11/13/20149:00AMBWBank of America Small Bus. Owner Report Finds 82 Percent of Millennial Small Bus. Owners Are Optimistic About Their Local Eco...
Also Finds 44 Percent of Millennials Can’t Run Their Business for More Than a Day Without Their Smartphone or Tablet Small business owners, particularly members of the millennial generation, are more confident in the future of the local and national economies, according to the fall 2014 Small Business Owner Report, released... More...>>

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