1 hr ago
Hellenic petroleum structured note draws bets on Greek recovery
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.
Mon May 20, 2013
Fremont Bank expands wealth management to compete with Wells Fargo, others
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.
Armed bank robbers flee with $5K in stolen vehicle
A second bank was robbed in the Charlotte area on Monday morning. The Iredell County Sheriff's Office said the Bank Of America on North Main Street in Troutman was robbed by two men around 9:30 a.m. The armed men fled with $5100 in cash in a gray Buick Century that was reported stolen in Charlotte early Monday morning, police say.
'Easy Money' Over for Bank of America Stock: KBW
This sums up KBW analyst Christopher Mutascio's downgrade of Bank of America's stock on Sunday to a "market perform" rating from "outperform." Bank of America's shares closed at $13.43 Friday, just below their reported March 31 tangible book value of $13.46. The shares have returned 16% this year, after more than doubling during 2012.
Banks Stay Strong, Google Looking Golden
Last week we had another bullish week of gains as this market extends its advance.
Wall St. Cheat Sheet
Are US Banks Playing with Fire in the Commercial Loan Market?
As interest rates remain historically low, the biggest U.S. banks are seeing the need to increase the volume of lending to businesses.
Sun May 19, 2013
New Sleaze Allegations Tarnish JPMorgan Chase's "Teflon Don"
While Barack Obama's "favorite banker" continues to receive the royal treatment in Washington, new sleaze allegations threaten to further tarnish the golden boy image of "teflon don" Jamie Dimon, the CEO and Chairman of JPMorgan Chase.
Can You Think of 9 Companies with Stellar Customer Service?
Everyone has read about the customer service horror stories that plague every industry in existence.
Sat May 18, 2013
Citigroup Inc (C), JPMorgan Chase & Co. (JPM): Who's Future Is The Brightest?
When I look at Citigroup Inc , I can't help but think of something that Peter Lynch said about Fannie Mae years ago.
UPDATE 1-US judge revives Dexia's mortgage lawsuit vs JPMorgan
A federal judge has revived a closely watched lawsuit accusing JPMorgan Chase & Co of misleading Belgian-French bank Dexia SA into buying more than $1.6 billion of troubled mortgage debt.
Aberdeen Sounds Alarm as Asia Bond Growth Soars: Credit Markets
The amount of dollar-denominated bonds issued by companies in Asia is growing almost 10 times faster than the global corporate debt market , raising concern that investors are lowering their standards as they seek to take advantage of the region's relatively high yields.
Fri May 17, 2013
Top of the List Slideshow: NC's Top 100 Public Companies
This week's Charlotte Business Journal lists N.C.'s Top 100 public companies, ranked by market value.
Thu May 16, 2013
KeyCorp Raises Dividend 10%
KeyCorp , which agreed to buy a portion of Bank of America's $110 billion commercial mortgage servicing rights last week, raised its quarterly dividend on Thursday by 10%. The Cleveland-based provider of mortgage financing lifted its quarterly cash dividend to 5.5 cents a share, payable on June 14 to shareholders of record on May 28.
JPMorgan Chase to open commercial lending office in Hearst Tower
America's largest bank is putting a commercial lending office in Bank of America's backyard.
Wed May 15, 2013
The Washington Post
Krawcheck to Acquire 85 Broads From Former Goldman Executive
Sallie Krawcheck, the former senior executive at Bank of America Corp. and Citigroup Inc., agreed to buy 85 Broads, the global network with 30,000 members that promotes women as business leaders.
The Motley Fool
You Want to See Bankers Going to Jail? Wish Granted.
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Mid-Day Market Update: US Stocks Continue Rally, Large Cap Banks See Biggest Advances
Midway through trading Tuesday, the Dow was up 0.56 percent to 15,175.60, while the NASDAQ rose 0.64 percent to 3,460.81. The S&P was also up, rising 0.82 percent to 1,647.13. Top Headline Stocks continued their rally on Tuesday, with the Dow and S&P 500 hitting new intraday highs as investors expected the upward trend to continue.
Acquisition Bolsters Julius Baer Results
Julius Baer Group AG said Wednesday that assets under management rose 16% from the end of 2012 but cautioned investors that growth in new funds is being pressured by a crackdown on suspected tax evaders in Europe.
Tue May 14, 2013
Li Signals Reluctance on Stimulus to Boost China Growth
Chinese Premier Li Keqiang signaled policy makers are reluctant to use stimulus to counter a slowdown in the world's second-largest economy because the risks outweigh the benefits.
Us Stocks-Wall St jumps as banks lead indexes to new highs
U.S. stocks rallied to fresh highs on Tuesday as investors picked up large-cap companies' shares on the expectation that central bank stimulus will help propel the rally further.