Bank of America News

May 23rd, 2013 - Markets received an early boost Wednesday after comments from Federal Reserve Chairman Ben Bernanke signaled that the central bank was not ready to ease up on economic stimulus.

Bond investors don't perceive the six biggest U.S. banks as "too big to fail," according to a report from one of those lenders, Goldman Sachs Group Inc.

The commercial debt business is currently experiencing somewhat of a revival, as some of the biggest banks scramble to write more business loans that can be packaged into products for sale to yield-hungry investors.

Bank of America Corp is up more than 8% in May alone, but that hasn't stopped option speculators from crowding the bearish bandwagon .

We track hundreds of quarterly 13F filings from hedge funds and other notable investors for a variety of purposes.

U.S. stock futures fell, indicating the Standard & Poor's 500 Index will decline for a second day, as data showed Chinese manufacturing unexpectedly shrank and equity markets from Europe to Japan tumbled.

China 's foreign-exchange regulator told banks to improve checks of customer documents related to special trade zones amid speculation that the areas have been exploited to disguise capital inflows as exports.

Flagstar Bancorp Inc. , the Michigan lender rescued by MatlinPatterson Global Advisers LLC in 2009, is considering a sale of the collection rights on more than $70 billion in mortgages, people with knowledge of the matter said.

JPMorgan Chase President, Mid-Atlantic market, Wayne Trotman and North Carolina Governor Pat McCrory, speak at the Foundation For The Carolinas, Wednesday, May 22, 2013.

Considering the year it's had so far, Bank of America should count itself lucky.

Bank of America filed a lawsuit against three former directors of U.S. Century Bank, two of whom are executives at Sedano's Supermarkets, over a land loan in Florida City.

The number of new North Carolinians receiving help on their mortgages through a massive state and federal settlement slowed in the first quarter as the banks participating near the end of their commitments.

One of the hardest things for investors to deal with is "political risk." This occurs when a government agency directly has an impact on a company's business model, often in a way that cannot easily be predicted in advance.

U.S. Trust released its 2013 Insights on Wealth and Worth report on Tuesday. The nation's oldest trust company, under the wing of Bank of America since 2007, surveyed 711 wealthy American adults over the age of 18 with investable assets north of $3 million on a variety of wealth-related topics.

Of the 20 equities seeing the heaviest options volume in recent sessions, three names of notable interest this afternoon are Groupon Inc , Bank of America Corp , and Microsoft Corporation .

China's trade surplus is only a tenth of the $61 billion reported by the government so far this year after accounting for fake transactions used to disguise hot-money inflows, Bank of America Corp.

Goldman Sachs Group Inc. ended a seven-year investment in Industrial & Commercial Bank of China Ltd.

The price-to-book ratio of a company's stock is often used by investors as a quick tool to gauge whether the shares are being priced too cautiously or too aggressively, as marked differences between the price of a company's share in the equity market compared to its book of accounts are often a sign of under- or over-valuation. But sometimes, ... (more)

Bank of America Corp. sold the first structured notes tied to GreeceA's largest refiner, Hellenic Petroleum SA, as investors bet on a recovery in the nation at the heart of EuropeA's debt crisis.

Fremont Bank is boosting its wealth management offerings as the Bay Area's largest community banks go up against the region's big banks for affluent clients.