A federal judge allowed the lawsuit filed by the Justice Department against a unit of Bank of America to proceed by endorsing a broad interpretation of the FIRREA.
Bank of America
Studies by financial analysts indicated that the banking sector is recovering and may regain top spot on S & P.
Bank of America Corp reported about USD1.5 billion were added by investors into funds that purchase leveraged loans in the U.S.
E-commerce company Zulily hires banks for possible initial public offering.
Goldman Sachs Group, Inc and Bank of America leads the corporate bond sales this week, which raked in approximately US $30 million.
UBS gained back the title of largest private bank
WikiLeaks donations declined in the past 2 years.
The Bank of America downgraded its rating on financing firm CYS Investments.
Karim Kanji announced his resignation from Barclays
Bank of America expected to face Texas lawsuit and its corresponding fees
Outflows continue in record breaking fashion, as a total of $23 billion, the biggest since 1992, was reported.
Bank of America Corp, the second biggest bank in the US by asset announced its new investment banking vice chairman, John Binnie from Moelis & Co.
Wal-Mart, with nearly 1.2 million strong retirement fund members, is accepting bids to manage its US$15.6 billion 401k program.
Bank of America, Chase, CitiGroup and other big banks were given two years to comply with the Dodd-Frank requirement that pushed swaps trading out of banks.
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