The bank where a young intern died after working punishing hours is said to have demanded that current interns take down a Facebook page where they discussed their heavy work schedule.
Bank of America is one of the largest fully integrated financial services companies in the world.
Wall Street banks are drawing up preliminary plans to move some London-based activities to Ireland to address concerns that the UK is drifting apart from the EU.
Bank of America is nearing a $16bn to $17bn record settlement with the U.S. Justice Department to end probes into sales of mortgage-backed bonds that fuelled the financial crisis, according to a person familiar with the matter.
As we are constantly being approached by people looking to gain graduate entry into financial markets firms, we've come up with this directory.
Wall Street firms led by Goldman Sachs are close to buying a stake in chat and instant messaging startup Perzo in pursuit of an alternative to a similar application from Bloomberg, sources familiar with Goldman's plans said.
A U.S. district court in Manhattan has ruled that Bank of America must pay the U.S. government $1.27 billion in a Countrywide "hustle" fraud.
A former Bank of America derivatives trader who pleaded guilty to conspiring to falsify documents was spared prison on Friday after spending years helping the government probe bid-rigging in the $3.7tril municipal bond market.
Bank of America has named Paul Simpson chief of its prime brokerage after Stuart Hendel left earlier this year.
Bank of America's banking unit agreed to pay $16.6m to resolve allegations that it processed transactions for drug traffickers who are subject to U.S. sanctions, the U.S. Treasury Department said on Thursday.
Former Merrill Lynch brokerage chief John “Launny” Steffens and his investment firm Spring Mountain Capital were cleared by a jury in a trial over a customer’s losses in Bernard Madoff’s $17.5bn fraud.
Bank of America plans to raise salaries for junior staff by at least 20% as Wall Street firms try to discourage defections, a person briefed on the matter said.
A senior banker who slowly lost his sanity after a helicopter crash blew millions on lavish gifts to people he barely knew, while his bank adviser did nothing to stop him, a lawsuit claims.
Bank of America on Thursday agreed to pay $16.65 billion to end investigations into mortgage securities that the bank and its units sold in the run-up to the financial crisis.
Here's a few links to some interesting Bloomberg and Reuters stories currently doing the rounds.
Hey, it still clearly hurts, but that's life.
Here's a few of the latest moves as reported by Reuters.
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.
Bank of America Corp., Goldman Sachs Group Inc. and Citigroup Inc. had long-term credit grades downgraded to A- from A by Standard & Poor’s after the ratings firm revised its criteria for the banking industry.
Bank of America director Robert Scully won't run for re-election at the annual meeting this spring, in the latest in a series of changes on the board.
There's nothing like the release of a few emails to stir things up.