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State and university employees could wind up with IOUs in their pay envelopes instead of checks in February if the planned sale of state buildings hits a snag, state Treasurer Dean Martin warned Monday. Full Article at East Valley Tribune
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Strike up the band! Bank of America is paying back $45 billion in taxpayer-provided bailout money, and the government now says it expects to get back $200 billion in those funds faster than it imagined. Full Article at The New York Times
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People enter a Bank of America branch on New York's Upper West Side, Thursday, May 7, 2009. View Photo »
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Just because Bank of America goes doesn't mean you have to rush Citigroup.
SOURCE: Business Week -
One of the leading candidates to take the helm at Bank of America has become embroiled in an investigation of the bank’s merger with Merrill Lynch. Full Article at The New York Times
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Washington, DC — Gap, Bank of America, Coors and Shaklee are among eight big-name corporations that earned kudos from the U.S. Environmental Protection Agency last week for reducing their carbon footprints. Full Article at GreenBiz
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AMETEK Inc (NYSE:AME) to Present at Bank of America Merrill Lynch Global Industries Conference December 8
TransWorldNews
AMETEK, Inc. The conference will be held at The Crowne Plaza Times Square in New York City. AMETEK will begin its presentation at 10:50 am ET. Representing AMETEK will be Chairman and Chief Executive Officer Frank Hermance. Full Article at TransWorldNews
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Traders visit the post that handles Bank of America on the floor of the New York Stock Exchange Monday, May 4, 2009. View Photo »
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If soaring financials like Bank of America (NYSE: BAC) and Wells Fargo (NYSE: WFC) have increased the risk level of your portfolio … consider diversifying into blue chips in other sectors such as PepsiCo (NYSE: PEP) and Johnson & Johnson (NYSE: JNJ).
SOURCE: Motley Fool -
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The Great Bank Bailout of 2008 appears to be winding down — or at least some of the money is flowing back to the U.S. Treasury where it came from. So when the books are finally closed, how much will all this have cost taxpayers? Full Article at MSNBC
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SAN DIEGO -- A bushy-browed man used a demand note to rob a Mission Valley bank Monday, authorities reported. Full Article at 10news.com San Diego
About Bank of America
Wikipedia
Bank of America Corporation (NYSE: BAC) is the largest financial services company in the world, largest bank by assets, second largest commercial bank by deposits, and third largest by market capitalization in the United States. Full Article
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AP Photo
Charts track quarterly earnings and losses for Bank of America, Citigroup, JPMorgan Chase & Co. and Wells Fargo & Co. since the first quarter of.
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James Jackson, Bank of America veteran, joins Capital One Bank as new Head of Branch Distribution.
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Trading specialist Michael O'Connor of Bank of America works trading shares of Johnson & Johnson, on the floor of the New York Stock Exchange April 14, 2009.
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A protester waits outside a Bank of America ATM during a march through New York's financial district to rally against government bailouts, April 3, 2009.
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A customer at a Bank of America ATM watches protesters walk through New York's financial district, during a rally against government bailouts April 3, 2009.
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AP Photo
FILE - In this March 27, 2009 file photo, Bank of America Corp.
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Bank of America Chief Executive Officer Kenneth Lewis, right, leads the way as chief executives leave the White House in Washington, Friday, March 27, 2009, after a meeting between chief executives and President Barack Obama.
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Reuters Pictures
Bank of America Corp. CEO Kenneth Lewis answers a question next to Wells Fargo CEO John Stumpf (L) at the White House after a meeting about the economy with U.S. President Barack Obama in the State Dining Room in Washington, March 27, 2009.
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AP Photo
Bank of America Corp. Chief Executive Officer Kenneth Lewis, center, flanked by PNC Financial Service Chief Executive Officer James E. Rohr, left, and US Bank Chief Executive Officer Richard Davis, speaks to reporters outside the White House in Washington, Friday, March 27, 2009, followi...
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Reuters Pictures
Bank of America Corp. Chief Executive Kenneth Lewis speaks to reporters at the White House after a meeting about the economy with U.S. President Barack Obama in the State Dining Room in Washington, March 27, 2009. Behind him are US Bancorp.
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Bank of America Corp. Chief Executive Kenneth Lewis, right, listens to Bank of New York Mellon Chief Executive Officer Robert Kelly speak to reporters outside the White House in Washington, Friday, March 27, 2009, following a meeting between chief executives and President Barack Obama.
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US Bank Chief Executive Officer Richard Davis, left, and Bank of America Corp. Chief Executive Kenneth Lewis, right, speak to reporters outside the White House in Washington, Friday, March 27, 2009, following a meeting between chief executives and President Barack Obama.
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Reuters Pictures
Bank of America Chief Executive Ken Lewis departs the White House after a meeting about the economy with U.S. President Barack Obama in the State Dining Room in Washington, March 27, 2009.
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Bank of America Corp. Chief Executive Officer Kenneth Lewis speaks to reporters outside the White House in Washington, Friday, March 27, 2009, following a meeting between chief executives and President Barack Obama. At right is Wells Fargo Chief Executive Officer John Stumpf.
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Bank of America Chief Executive Officer Ken Lewis is followed by reporters as he leave the White House in Washington, Friday, March 27, 2009, following a meeting between chief executives and President Barack Obama.
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Reuters Pictures
Bank of America Chief Executive Ken Lewis departs the White House after a meeting about the economy with U.S. President Barack Obama in the State Dining Room in Washington, March 27, 2009.
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Getty Images
US Bank CEO Richard Davis (3rd R) and Bank of America counterpart Ken Lewis (4th L) speak to the press at the White House in Washington on March 27, 2009 after a meeting of the heads of the country's largest banks with US President Barack Obama as Bank of New York Mellon CEO Robert Kel...
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Bank of America Chief Executive Officer Kenneth Lewis, right, leads the way as chief executives leave the White House in Washington, Friday, March 27, 2009, following a meeting between chief executives and President Barack Obama.
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Bank of America Chief Executive Officer Ken Lewis, center, talks with reporters outside the White House in Washington, Friday, March 27, 2009, following a meeting between chief executives and President Barack Obama.
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Reuters Pictures
Bank of America Corp. Chief Executive Kenneth Lewis speaks to the media at the White House after a meeting about the economy with U.S. President Barack Obama in the State Dining Room in Washington, March 27, 2009.
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AP Photo
Bank of America Chief Executive Officer Kenneth Lewis speaks as he leaves the White House in Washington, Friday, March 27, 2009, after meeting between chief executives and President Barack Obama.
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Reuters Pictures
Jane Hoffman demonstrates outside a Bank of America branch in Portsmouth, New Hampshire March 19, 2009, one of many protests planned outside banks across the United States.
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Reuters Pictures
Demonstrators hold signs outside a Bank of America branch in Portsmouth, New Hampshire March 19, 2009, one of many protests planned outside banks across the United States.
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Reuters Pictures
Joan Hamblet demonstrates outside a Bank of America branch in Portsmouth, New Hampshire March 19, 2009, one of many protests planned outside banks across the United States.
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Reuters Pictures
Joan Jacobs demonstrates outside a Bank of America branch in Portsmouth, New Hampshire March 19, 2009, one of many protests planned outside banks across the United States.
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AP Photo
James Jackson, Bank of America veteran, joins Capital One Bank as new Head of Branch Distribution.
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My personal thoughts on this: Bank of America is only interested in helping borrowers that they never should have given loans to in the first place ... and is simply going through the motions to appease the (Obama) administration.
SOURCE: WalletPop -
The financial industry is still incredibly volatile, as both October and September saw major announcements from leading companies, including JPMorgan Chase, Bank of America and last month’s bankruptcy of CIT Group, which led to the exit of CEO Jeffrey Peek
SOURCE: Denver Business Journal -
I still believe today what I said when we announced both of these transactions ... Despite all the noise, both the Countrywide and Merrill Lynch deals make Bank of America a stronger and more well-rounded company, a much tougher competitor, and I believe will produce good long-term profits for our share...
SOURCE: Centre Daily Times -
I am confident history will show our actions in operating and building Bank of America positioned us for future success
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The ABA is an organization of community banks formed so we have a larger voice in D.C. We're not on Washington's speed-dial like AIG, Chase, Fannie Mae, Bank of America, Citi, and Goldman Sachs
SOURCE: Philadelphia Inquirer -
Some lawmakers have profited from investments in companies that have received federal bailouts; dozens of lawmakers are invested in Wells Fargo, Citigroup, Goldman Sachs and Bank of America.
SOURCE: Associated Content -
Bank of America’s general counsel was not on active status to practice law in Massachusetts during his first (crucial) 18 days as the company’s top lawyer.
SOURCE: Above the Law -
Lo and behold, he finds out that it's not some thug from the street. It's a thug from Wall Street, and it's Bank of America
SOURCE: WYFF Greenville -
The issue is -- is the person who's leading the company going to be here or not? And what does that say about Charlotte's ability to attract large financial companies if Bank of America is unable to attract somebody who will be working in Charlotte to lead the company?
SOURCE: WCNC -
The banks that are the most vulnerable to a short-term revaluation are, to my mind, those that have risen the fastest and sport the weakest fundamentals: Bank of America (+341%) and Citigroup (+325%).
SOURCE: Motley Fool -
The board of directors of Bank of America is likely to delay a much-anticipated announcement of a replacement for CEO Ken Lewis until next week, an effort people close to the bank say, to conduct a wide-ranging search for the bank's next leader and appease some investors and analysts who want an experie...
SOURCE: Blogging Stocks -
Bank of America associates are working to keep as many customers in their homes as possible, and we have established clear momentum in providing trial modifications under HAMP
SOURCE: All American Patriots -
We’re pretty convinced that the public is very upset with these big banks, and they don’t have much use for them anymore ... I can’t beat Wells Fargo and Bank of America nationally, but I can certainly beat their branch across the street.
SOURCE: The New York Times -
This is just a wonderful opportunity for us. It's really great to know that there are organizations and people in the community who support us to this extent, who really appreciate what we're trying to do ... It gets more difficult, especially right now with the financial situation. This is a blessing. ...
SOURCE: South Florida Sun-Sentinel -
Bank of America Corp. and Goldman Sachs Group Inc. led lenders in arranging a record $2.26 billion of leveraged buyout financing in October, more than eight times the amount raised in the first quarter, as the U.S. exits the worst recession since the Great Depression.
SOURCE: Safehaven -
Bank of America and Citigroup have each received $45 billion in federal bailout funds over the last year. We urge you to consider those consumers, whose tax dollars funded your bailouts and who dutifully pay their bills on time and are now struggling to make ends meet.
SOURCE: The Coloradoan -
If there’s a financial problem that destroys JPMorgan, it is very likely that Citigroup or Bank of America or Goldman Sachs will be in no shape to help
SOURCE: Bloomberg.com -
Bank of America has stated its willingness to cooperate in our investigation
SOURCE: South Florida Sun-Sentinel -
Bank of America has been more aggressively pushing loan modification and foreclosure assistance than anyone else
SOURCE: South Florida Sun-Sentinel -
first obligation right now…is to design a compensation structure for officials 26 to 100 in each of the seven companies (AIG, Bank of America, Citigroup, Chrysler, Chrysler Financial, General Motors and GMAC). Right now, we are actively doing that by the end of this year.
SOURCE: Talk Radio News Service -
I'd be very careful that they don't hamstring those companies as they try to grow ... All of us need Citibank, Bank of America and all those other companies to be healthy, vibrant and growing.
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With recent press about compensation curbs, there is heightened concern that Bank of America will want to accelerate repayment of TARP to defend its capital markets business, which is leading to fears of a capital raise ... Given the ongoing CEO search, fear of a capital raise only adds to the uncertain...
SOURCE: MarketWatch -
My Retirement Income is the latest demonstration of how the combination of Bank of America and Merrill Lynch offers our clients greater resources and solutions to help them pursue their retirement goals.
SOURCE: New Mexico Business Weekly -
Responding to the furor over executive pay at companies bailed out with taxpayer money, the Obama administration will order the firms that received the most aid to slash compensation to their highest-paid employees, an official involved in the decision said on Wednesday ... The plan, for the 25 top earn...
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I commend Chairman Towns for issuing a subpoena to Bank of America that has bipartisan support. I expect this subpoena will further pull the curtain back on questions that have continued to linger around Countrywide's intentions and use of the VIP program.
SOURCE: Roll Call
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