Firm Spotlight
Bank of America
Bank of America is one of the largest fully integrated financial services companies in the world.
Global Wealth & Investment Management
KEY FACTS
Founded: 1783
Founders: Moses Michael Hayes
Headquarters: Charlotte, North Carolina, US.
Products Finance and insurance, Retail banking, Commercial banking, Investment banking, Investment management, Private banking, Private equity, Mortgages, and Credit cards.
Website: Bankofamerica.com
BANK OF AMERICA ON HITC
Citi Said To Cut Senior Posts, BofA Names M&A Head, Morgan Stanley Bankers Depart
Citigroup is eliminating two senior positions in its Institutional Clients Group as part of an effort to streamline the company's management ranks, according to a person familiar with the plan.
People Moves - BofA, Citi, Morgan Stanley, RBC, UBS, Mariner Investment Group
More folks on the move.
Bank of America's Merrill Lynch Suit Approved, Ex-Broker Told To Pay $11m
Bank of America has won a federal judge's approval for a $2.43bn settlement with investors who said the lender hid crucial information when it bought Merrill Lynch.
People News - BofA, Citi, Deutsche Bank
Bank of America and Citigroup have selected new managers to help run the firms’ rates-trading desks.
People News - BofA, Barclays, Goldman, JPMorgan, Morgan Stanley, RBS, Standard Chartered
The prime brokerage unit of Bank of America Merrill Lynch has hired former Morgan Stanley executive Deepak Abraham as head of capital strategy in Asia Pacific, according to an internal memo seen by Reuters.
Bank of America - Being Paid More Than The Boss
Bank of America co-COO Thomas Montag received a 21% raise to $14.5m for 2012, topping his boss Brian Moynihan for the third straight year.
People News - Bank of America, Deutsche, JPMorgan, Morgan Stanley, UBS
Bank of America Merrill Lynch has hired several bankers from Deutsche Bank in Hong Kong, including one who will serve as a new equities strategist for Asia Pacific.
Bank of America CEO: 'It's The Best Job There Is'
Brian Moynihan, who endured record losses and public thrashings while cleaning up Bank of America’s mortgage mess, said he wouldn’t mind being chief executive officer of the lender forever.
FROM THE WEB
- Reuters: Forward Calendar - U.S. corporate bond new issues
- Reuters: UPDATE 1-RLPC-Norilsk Nickel in talks with banks on $2 bln loan
- Reuters: STXNEWS LATAM-Stock rating, price target activity in Brazil for Tuesday
- Yahoo!: Credit Suisse replaces Morgan Stanley as No. 2 Asia prime broker
- The Independent: Bath University, School of Management
- uk.finance.yahoo.com: Goldman exits China's ICBC, seven years and billions later
- Reuters: UPDATE 3-Goldman exits China's ICBC, 7 years and billions later
- uk.finance.yahoo.com: German state to buy more bank data in tax clampdown
- uk.finance.yahoo.com: U.S. Senators urge swaps watchdog to rein in oil majors
- Financial Times: Riverstone leads talks on $1bn commodities venture
- Reuters: Broker-dealer LPL overhauling compliance practices after fines
- Reuters: PRECIOUS-Silver and gold lurch higher after early dive
- CNBC: When to Tell the Kids They're Rich
- uk.finance.yahoo.com: US midday: Oil turns around to trade higher
- uk.finance.yahoo.com: Yahoo! eyes growth, youth in $1.1 bn Tumblr deal
