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Bank of America News (NYSE:BAC)

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07/25/20166:10PMDJNFifth Third Chief Legal Officer Out
Fifth Third Bancorp fired its general counsel late last week, people familiar with the matter said. It isn't yet known who will replace Heather Russell Koenig, who was chief legal officer and corporate secretary for the Cincinnati-based bank. A spokesman for Fifth Third confirmed Monday that Ms. Russell Koenig is... More...>>
07/23/20163:03AMDJNConsumer Bet Gets Riskier -- WSJ
Banks are girding for higher loan losses as they cast a wider net for borrowers By AnnaMaria Andriotis Big banks are socking away more money to cover possible losses on consumer loans, as their executives warn the long boom in credit quality has peaked. Lenders including J.P. Morgan Chase & Co., Wells Fargo & Co... More...>>
07/22/20165:42PMDJNBanks' Bet on Consumers is Getting Riskier
By AnnaMaria Andriotis Big banks are socking away more money to cover possible losses on consumer loans, as their executives warn the long boom in credit quality has peaked. Lenders including J.P. Morgan Chase & Co., Wells Fargo & Co., Capital One Financial Corp. and Discover Financial Services said on earnings... More...>>
07/22/201611:00AMBWFormer Army Medic Receives Keys to Home as Bank of America Celebrates 2,000 Property Donations to Nonprofits Serving Military...
Bank Has Doubled Original Commitment of 1,000 Homes Retired U.S. Army Sergeant and medic Seth Musikant received keys to a renovated mortgage-free home in this Rochester suburb today, becoming the latest recipient of a home donated by Bank of America through the Military Warriors Support Foundation (MWSF). Today’s ceremony... More...>>
07/21/20167:30PMDJNGoldman Sachs Raising Private-Equity Fund of $5 Billion to $8 Billion -- Sources
In 2007, Goldman Sachs Group Inc. raised one of the biggest private-equity funds ever. Nine years later, it is readying a sequel more tailored for the times. Goldman soon will begin marketing a new corporate-buyout fund of between $5 billion and $8 billion, according to people familiar with the matter, its first such fund... More...>>
07/21/20169:00AMBWBank of America Continues Investment in Mobile With Redesigned App
New Intuitive Navigation, Spanish-language Option, Card Rewards Redemption and FICO® Score Access Reflect Customers’ Top Requests Bank of America today announced a comprehensive redesign of its award-winning mobile app that includes easier navigation and the ability to set the language to Spanish, in addition to other... More...>>
07/20/20165:28PMBWバンク・オブ・アメリカ、2016年第2四半期業績を発表
(ビジネスワイヤ) -- バンク・オブ・アメリカは本日、2016年第2四半期の財務業績を発表しました。本ニュースリリース、補足提出物、投資家向けプレゼンテーションは、以下でご覧いただけます: このSmart News Release(スマート・ニュース・リリース)にはマルチメディアのコンテンツが含まれています。リリース全文はこちらから:... More...>>
07/20/20167:40AMDJNMorgan Stanley Logs Smaller-Than-Expected Declines in Profit, Revenue
Morgan Stanley said its profit fell in the second quarter as the company weathered volatile markets that affected its investing and corporate clients. Earnings and revenue, however, beat expectations, pushing shares up 2% premarket. The bank's net income declined to $1.58 billion, or 75 cents a share, from $1.81 billion... More...>>
07/19/20163:02AMDJNBofA Targets Lower Costs -- WSJ
Lender sets $5 billion target by 2018 as low rates persist; profits fall in second quarter By Christina Rexrode and Peter Rudegeair Bank of America Corp. said it would deliver another $5 billion in annual cost cuts by 2018 as part of its strategy to deal with persistently low interest rates that are eating away at lenders'... More...>>
07/18/20166:11PMDJNBank of America Plans More Cost Cuts as Earnings Slide -- 7th Update
By Christina Rexrode and Peter Rudegeair Bank of America Corp. said it would deliver another $5 billion in annual cost cuts by 2018 as part of its strategy to deal with persistently low interest rates that are eating away at lenders' profitability. The move by the second-largest bank in the U.S. by assets shows the... More...>>
07/18/20164:14PMDJNBank of America's Results Beat Estimates on Pickup in Bond Trading -- 6th Update
By Christina Rexrode and Peter Rudegeair Bank of America Corp. said its quarterly earnings were dragged down by continued low interest rates, but a pickup in bond trading helped results beat expectations. The Charlotte, N.C.-based lender reported a profit of $4.23 billion, or 36 cents a share. That compares with $5.13... More...>>
07/18/20161:25PMDJNCorrection to Bank of America Earnings Story
Analysts polled by Thomson Reuters expected Bank of America Corp. to post earnings of 33 cents a share. "Bank of America's Results Beat Estimates on Pickup in Bond Trading -- 6th Update" at 12:18 p.m. ET misstated the estimate. (END) Dow Jones Newswires July 18, 2016 13:10 ET (17:10 GMT) Copyright (c) 2016... More...>>
07/18/201612:48PMDJNBank of America's Results Beat Estimates on Pickup in Bond Trading -- 6th Update
By Christina Rexrode and Peter Rudegeair Bank of America Corp. said its quarterly earnings were dragged down by continued low interest rates, but a pickup in bond trading helped results beat expectations. The Charlotte, N.C.-based lender reported a profit of $4.23 billion, or 36 cents a share. That compares with $5.13... More...>>
07/18/201612:01PMDJNUncertainty Pinches BofA's Wealth Arm
By Anna Prior Bank of America Corp.'s wealth arm boosted its second-quarter profit from a year earlier as a decline in expenses offset a slight drop in revenue. The bank's global wealth and investment-management unit, which includes Merrill Lynch and private bank U.S Trust, increased profit 7.9% to $722 million... More...>>
07/18/201610:36AMBWBank of America veröffentlicht Finanzergebnis für das zweite Quartal 2016
Die Bank of America hat heute ihr Finanzergebnis für das zweite Quartal 2016 veröffentlicht. Auf die Pressemitteilung, die ergänzende Einreichung und die Präsentation für Anleger können Sie wie folgt zugreifen: Dieser Smart News Release enthält Multimedia. Vollständige Veröffentlichung hier ansehen: http://www.businesswire.com/news/home/20160718005881/de/... More...>>
07/18/201610:34AMBWBank of America déclare ses résultats financiers pour le deuxième trimestre 2016
Bank of America a déclaré aujourd’hui ses résultats financiers pour le deuxième trimestre 2016. Le communiqué de presse, le dossier supplémentaire et la présentation pour investisseurs peuvent être consultés par les voies suivantes : Le présent Smart News Release (communiqué de presse intelligent) contient... More...>>
07/18/20169:47AMDJNBank of America's Results Beat Estimates as Bond Trading Surges -- 4th Update
By Christina Rexrode and Peter Rudegeair Bank of America Corp. said its quarterly earnings were dragged down by continued low interest rates, but a pickup in bond trading helped results beat expectations. The Charlotte, N.C.-based lender reported a profit of $4.23 billion, or 36 cents a share. That compares with $5.13... More...>>
07/18/20168:13AMDJNBank of America's Results Beat Estimates as Bond Trading Surges -- 3rd Update
By Christina Rexrode and Peter Rudegeair Bank of America Corp. reported quarterly earnings that were dragged down by continued low interest rates, but a pickup in bond trading helped results beat expectations. The Charlotte, N.C.-based lender reported a profit of $4.23 billion, or 36 cents a share. That compares with $5.13... More...>>
07/18/20167:50AMDJNBank of America's Profit Slides
Bank of America Corp. said its quarterly profit fell as the second largest U.S. lender by assets was hurt by the continued drag of low interest rates, though the bank's results beat expectations. Shares edged up 0.4% premarket. The Charlotte, N.C.-based lender reported a profit of $4.23 billion, or 36 cents a share... More...>>
07/18/20167:35AMDJNBank of America's Profit Slides -- 2nd Update
By Christina Rexrode and Peter Rudegeair Bank of America Corp. said its quarterly profit fell as the second largest U.S. lender by assets was hurt by the continued drag of low interest rates, though the bank's results beat expectations. Shares edged up 0.4% premarket. The Charlotte, N.C.-based lender reported a profit... More...>>
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