Search Results for: Bank of America
Bank of America escapes $1.3bn fine after court declines to go back on decision
August 23rd, 2016
Bank of America has dodged a $1.3bn (£990m) fine, after a US court decided to drop the issue. The 2nd US Circuit Court of Appeals in New York opted not to reconsider its previous decision to overturn the bumper ...
Bank of America to connect with customers via Facebook Messenger
April 14th, 2016
Bank of America is to tap Facebook’s Messenger app as a new channel for communicating with customers. The bank is among a dozen companies who signalled their support for the Messenger Platform launch at Facebook’s FS Developer conference. The ...
Bank of America Makes Online Payments Seamless With Visa Checkout
April 4th, 2016
Streamlines Access and Simplifies Enrollment Through Bank of America’s Online Banking In the latest step at simplifying consumer payments, Bank of America announced today that it will pre-select customers’ eligible Visa cards for enrollment in Visa Checkout directly from ...
Bank of America is going big on blockchain
February 1st, 2016
Bank of America is trying to steal a march on the latest developments in the technology behind digital currency bitcoin by loading up on blockchain-related patents. Blockchain works like a huge, decentralized ledger for the digital currency bitcoin which ...
Bank of America Reports Q4-15 Net Income of $3.3B, EPS of $0.28
January 20th, 2016
Full-Year 2015 Net Income of $15.9B, EPS of $1.31 Financial Highlights • Revenue, net of interest expense, (FTE basis) up 4% to $19.8B(A) • Net interest income (NII) (FTE basis) up 2% to $10.0B(A) – Excluding market-related NII and ...
Bank of America Merrill Lynch Launches U.S. Dollar Cross-border Cash Pooling in China
January 7th, 2016
ZF TRW Automotive Serves as Pilot Client for New Solution Bank of America Merrill Lynch Global Transaction Services (GTS) has today announced the launch of automated U.S. dollar cross-border cash pooling services for corporations operating in the Shanghai Free ...
Bank of America to obtain clearing membership with MOEX FX Market. The first non-resident global bank
December 28th, 2015
Bank of America, National Association (BANA) is set to join Moscow Exchange’s FX Market as a clearing firm. The Bank is in the process of finalizing necessary documentation and will begin active trading in January 2016. It will trade via Merrill Lynch ...
Bank of America Introduces Fingerprint and Touch ID Sign-in for Its Mobile Banking App
September 16th, 2015
Launch of Apple Watch App, Streamlined ‘Accounts Overview’ Page and Additional Security Enhancements Highlight Latest Updates for Mobile and Online Banking Users Bank of America announced a series of improvements to mobile and online banking to better meet customers’ changing ...
INTL FCStone Ltd Appointed by Bank of America Merrill Lynch to Broaden FX Payments Capabilities
September 8th, 2015
INTL FCStone Inc. (Nasdaq:INTL), today announced that its London-based subsidiary, INTL FCStone Ltd.’s (IFL) Global Payments division, will provide Bank of America Merrill Lynch with international payments coverage and third-party delivery services in more than 70 exotic currencies via ...
Bank of America to Pay $180 Million to Settle Investors’ Forex Lawsuit
April 30th, 2015
BofA says cost of settlement will be covered by existing reserves Bank of America Corp. has agreed to pay $180 million to settle a lawsuit by private investors who accused the bank and others of manipulating foreign-exchange rates. The bank’s decision ...