Bank of America is one of the largest fully integrated financial services companies in the world.

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One financial book you have to read over the holidays

Open Book

With the holiday season soon upon us, here's one book about the financial markets you have to read, which is jam-packed with action, emotion and the inside track about the success and ultimate failure of one's of the best known firms on Wall Street.

FINRA fines Merrill Lynch $6m

Wall Street Bull

The Financial Industry Regulatory Authority (FINRA) has announced that it has censured and fined Merrill Lynch Professional Clearing (Merrill Lynch PRO) $3.5m for violating Regulation SHO, an SEC rule that established a regulatory framework to govern short sales and prevent abusive naked short selling.

Two ex-Barclays brokers must return $6.6m in signing bonuses

No Pot Of Gold

Two brokers at a Beverly Hills office of Bank of America's Merrill Lynch must collectively return more than $6.6m in signing bonuses to Barclays Capital for leaving the firm's U.S. broker unit after working only three-and-a-half months, a regulatory panel has ruled.

Senior rainmaker's exit causes stir at Bank of America

Bank Of America Building

Fares Noujaim, an executive vice chairman at Bank of America and investment banker who represented corporations like Pfizer , GM , and Verizon , has left abruptly, sparking questions about his relationship with the bank, according to people familiar with the matter.

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Bank Of America Corner Signs

BofA seeks 'Hustle' re-trial

Bank of America on Thursday asked a federal judge to throw out a jury verdict finding it liable for fraud over defective mortgages sold by its Countrywide unit that resulted in a $1.27bn penalty.

Bank Of America Building

Senior rainmaker's exit causes stir at Bank of America

Fares Noujaim, an executive vice chairman at Bank of America and investment banker who represented corporations like Pfizer , GM , and Verizon , has left abruptly, sparking questions about his relationship with the bank, according to people familiar with the matter.

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Bank Of America Corner Signs

BofA seeks 'Hustle' re-trial

Bank of America on Thursday asked a federal judge to throw out a jury verdict finding it liable for fraud over defective mortgages sold by its Countrywide unit that resulted in a $1.27bn penalty.

Brian Fonzie Moynihan

BofA can now become a 'profit powerhouse'

Billionaire Warren Buffett has predicted Bank of America will become a profit powerhouse once it finally resolves legal battles that have sapped funds and distracted managers. Now we’ll find out if he’s right.