Who is among the chosen ones ?
Bank of America is one of the largest fully integrated financial services companies in the world.
When Taylor Lipsett’s not working long hours for his employer, Bank of America, he’s usually on the ice.
Bloomberg News reports that Yunho Song, who oversees Bank of America Corp.’s rates and currencies business in Europe, has stepped down from his role, said a person briefed on the matter.
A planned expansion of The Crossnore School for abused and neglected children in Avery County has received a $1m boost from former Bank of America CEO Ken Lewis and his wife, Donna.
A New York state judge on Friday approved most of Bank of America's $8.5 billion settlement with investors in mortgage securities, which would resolve much of the bank's liability from its acquisition of Countrywide Financial during the financial crisis.
Bank of America's Countrywide unit should pay the maximum penalty of $2.1bn for defective mortgage loans it sold to Fannie Mae and Freddie Mac in the run-up to the 2008 financial crisis, federal prosecutors told a judge in a court filing.
Citigroup is increasing its gas and power business in Europe as competitors from Bank of America to Deutsche Bank withdraw amid tighter regulation and staff cuts at utilities.
The former manager of a Bank of America trader in Hong Kong who alleges he engineered her dismissal rejected a suggestion he knew that assets transferred to her portfolio from his were mispriced.
Bank of America’s handling of futures trades has been investigated by the U.S. Department of Justice and the Commodity Futures Trading Commission, according to a regulatory filing in June.
Bank of America Merrill Lynch GCIB head Christian Meissner on the success of the company since its acquisition of Merrill Lynch.
Russell Wasendorf Sr., the indicted founder of Peregrine Financial Group Inc., has signed a plea agreement with prosecutors in which he admits to crimes including mail fraud.
Bank of America has hired two debt capital markets bankers from Credit Suisse Group, as the firm reorganizes its Asian bond and loan arranging unit.
Bloomberg has some great visual data on under-achieving CEOs - and 3 big bank executives make the 'top' 15.
Three global investment banks plan to move 3,000 London jobs to other UK cities and towns.
Here's some links to a few interesting Bloomberg, New York Post and Reuters stories currently doing the rounds.
Bank of America has named Mike Joo head of global rates and currencies origination, the business that issues interest rate and currency products for corporate and commercial clients, according to a memo sent to employees.
The risks are higher, the rewards not what they were.
Bank of America’s Matthew Montana, who ran international equities trading from New York, was among more than 30 trading and sales employees dismissed this month, people with direct knowledge of the moves said.
Bank of America’s Ben Samuels, head of a global equities sales desk in London, was among employees who left amid cuts at the company’s investment bank this month, said two people with knowledge of the moves.
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.
So how bad is it really for interns and junior bankers at investment banks that are putting limits on work hours ?
'Looking considerably better than a year ago'.
A jury of seven women and two men in 2011 accepted the banker's wife planned to drug her husband with a milkshake before bludgeoning his skull with a lead ornament while he was unconscious on their bed.