Bank of America

Bank of America

Bank of America Corporation (NYSE: BAC) is a financial services company, the largest bank holding company in the United States, by assets, and the second largest bank by market capitalization. Bank of America serves clients in more than 150 countries and has a relationship with 99 percent of the U.S. Fortune 500 companies and 83 percent of the Fortune Global 500. The company is a component of the Dow Jones Industrial Average (DJIA) and a member of the Federal Deposit Insurance Corporation (FDIC). Read More

Articles About Bank of America

Lehman to buy remaining Archstone stake for $1.58 billion

By Reuters

Lehman Brothers Holdings Inc said it has bought the remaining 26.5 percent of apartment company Archstone from Barclays Capital <BARC.L> and Bank of America Corp <BAC.N> for $1.58 billion. (11:42 am)

MORE TOPICS: BARCLAYS, LEHMAN BROTHERS, COURT, LAWSUIT

Facebook IPO: Mark Zuckerberg Celebrates With Employees As Nasdaq Begins Trading
Facebook, ‘Titanic” Of IPOs, Could Poison Tech Company Pipeline

By IBTimes

Faced with the disastrous fallout from the initial public offering of Facebook (Nasdaq: FB), the No. 1 social network, other technology companies that had been waiting to go next may reconsider. (10:49 am)

MORE TOPICS: IBM, MERRILL LYNCH, MORGAN STANLEY, NYSE, FACEBOOK, ORACLE

Lehman in $1.58 billion Archstone apartment deal: sources

By Reuters

Lehman Brothers Holdings Inc, one of three owners of Archstone, has reached a deal to buy the last portion of the apartment company it does not own for $1.58 billion, sources with knowledge of the matter said on Thursday. (2:49 am)

MORE TOPICS: BARCLAYS, LEHMAN BROTHERS, COURT, NEW YORK, LAWSUIT, INVESTMENT

Top women on Wall Street: Equal-opportunity axing?

By Reuters

The financial crisis and its aftermath have been brutal for Wall Street's richest and most powerful women. The latest casualty: Ina Drew, the head of JPMorgan Chase's chief investment office, who departed last week after the bank suffered mammoth trading losses. (11:00 pm)

MORE TOPICS: CITIGROUP, JPMORGAN CHASE, LEHMAN BROTHERS, U.S. BANCORP, WELLS FARGO, MANAGEMENT

Facebook
Facebook's Shares Recover, But IPO Wounds Fester

By IBTimes

Shares of Facebook (Nasdaq: FB), the No. 1 social network, rose $1.03 to close at $33.03 on Thursday. A week ago, they were priced at $38 for the IPO. (5:22 pm)

MORE TOPICS: SEC, GOLDMAN SACHS, JPMORGAN CHASE, MORGAN STANLEY, NYSE, MARK ZUCKERBERG, FACEBOOK, BARACK OBAMA, GENERAL MOTORS, BARCLAYS

How Much Did Facebook’s Bankers Rake In For The Mega-IPO?

By IBTimes

Facebook (Nasdaq: FB), the No. 1 social network, didn’t just set records for enriching inside investors like CEO Mark Zuckerberg, COO Sheryl Sandberg, Accel Partners and Digital Sky Technologies. Underwriters fared very well. (4:41 pm)

MORE TOPICS: BARCLAYS, GOLDMAN SACHS, JPMORGAN CHASE, MORGAN STANLEY, NYSE, MARK ZUCKERBERG

American International Group
Judge Tosses Part Of AIG Suit Against Bank Of America

By IBTimes

American International Group Inc. (NYSE: AIG) was partially rebuffed in its effort to get $10 billion out of Bank of America Corp. (NYSE: BAC) Wednesday, as a Los Angeles U.S. district judge dismissed some of the New York re-insurer's claims in ... (4:36 pm)

MORE TOPICS: AIG, NYSE, COURT, NEW YORK, LAWSUIT, LOS ANGELES

Shareholders sue Facebook, NYSE comes calling

By Reuters

The fallout from Facebook Inc's messy initial public offering widened on Wednesday as shareholders sued the social network and its bankers while a trading firm revealed a massive loss on the shares and threatened to seek "remedies.". (May 24)

MORE TOPICS: SEC, BARCLAYS, GOLDMAN SACHS, JPMORGAN CHASE, MORGAN STANLEY, NYSE

Regulators, investors turn up heat over Facebook IPO

By Reuters

Two top U.S. financial regulators said on Tuesday the issues around the initial public offering of Facebook should be reviewed, putting fresh pressure on the company, its lead underwriter, Morgan Stanley, and the Nasdaq stock exchange. (May 23)

MORE TOPICS: MICROSOFT, SEC, GOLDMAN SACHS, JPMORGAN CHASE, MERRILL LYNCH, MORGAN STANLEY

Greece crisis
Global Markets Overview - 05/23/2012

By IBTimes AU

U.S. stocks erased gains from a day spent mostly in positive territory to close flat Tuesday, as worries resurfaced in late trading about potential European instability. (May 23)

MORE TOPICS: GOLDMAN SACHS, FTSE, HANG SENG INDEX, JAPAN, GOLD, COPPER, CHINA, GOLD, DOW JONES, CITIGROUP, BNP PARIBAS

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