Outflows continue in record breaking fashion, as a total of $23 billion, the biggest since 1992, was reported.
Tags: Bank of America
US market busiest in 2 months, sells US $30 billion on bonds
Goldman Sachs Group, Inc and Bank of America leads the corporate bond sales this week, which raked in approximately US $30 million.
UBS regains title of world's largest private bank
UBS gained back the title of largest private bank UBS gained back the title as the world's largest private bank as fresh client funds surged in the previous year.
WikiLeaks donations decline in past 2 years
WikiLeaks donations declined in the past 2 years. "Development of donations over the past two years has declined substantially and is no longer able to provide the earlier levels of support for the project," according to Wau Holland Foundation's annual report.
CYS rating downgraded, industry outlook bleak
The Bank of America downgraded its rating on financing firm CYS Investments. The Bank of America downgraded CYS Investments to an "underperform" rating from a previous "neutral" classification in a research note released today.
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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.
Hyundai Rotem IPO is now official. KOSPI gives the go signal for Hyundai Rotem Co's IPO. This forecasts high gains for its majority holders Hyundai Motor and Morgan Stanley.
The Manhattan State Supreme Court finally got Bank of America set for trail with its US$8.5 billion settlement with home loans bundled into securities.
According to findings by the NY Atty General's office, banks have violated the servicing standards agreement for foreclosures agreed upon last year.
FNA Group finances boosted by refinancing from Bank of America. Livingstone, a renowned and independent global investment banking firm was pleased to announce the completion of negotiations on the refinancing by Bank of America of the FNA Group, Inc.
Resource Capital lands US$44 million loan. Resource Capital Corp announced today that it was able to close a US$44 million bridge loan. The loan was attained by using the 186,000 square foot grocery anchored shopping mall in Los Angeles, California as collateral.
According to the federal court, the case between AIG and Bank of America should be heard in state court.
