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Bank of America

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Merrill Lynch to its brokers: make at least two client referrals to avoid a cut in pay

08/12/2016(0)
Merrill Lynch will require its brokers to make at least two client referrals to other parts of parent Bank of America Corp. next year to avoid a cut in ... Read More
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Bank of America escapes $1.3bn fine after court declines to go back on decision

23/08/2016(0)
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 ... Read More
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Seven big banks settle U.S. rate-rigging lawsuit for $324 million

04/05/2016(0)
Seven of the world’s biggest banks have agreed to pay $324 million to settle a private U.S. lawsuit accusing them of rigging an interest rate benchmark used in the ... Read More
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Bank of America to connect with customers via Facebook Messenger

14/04/2016(0)
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 ... Read More
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Catalytic Finance Initiative Brings Together Banks and Investors, Directs $8 Billion in Capital for High-Impact Sustainable Projects

06/04/2016(0)
AllianceBernstein, Babson Capital Management, Bank of America, Crédit Agricole CIB, European Investment Bank, HSBC, International Finance Corporation, Mirova and the Aligned Intermediary to Fund Clean Energy Solutions A consortium ... Read More
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Bank of America Makes Online Payments Seamless With Visa Checkout

04/04/2016(0)
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’ ... Read More
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This Is Really Bad For Banks

04/02/2016(0)
Once upon a time, falling interest rates were great for banks. A lower cost of capital gave lenders access to cheap raw material while causing borrowers to clamber for ... Read More
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Bank of America is going big on blockchain

01/02/2016(0)
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 ... Read More
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Bank of America Reports Q4-15 Net Income of $3.3B, EPS of $0.28

20/01/2016(0)
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 ... Read More
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Bank of America Merrill Lynch Launches U.S. Dollar Cross-border Cash Pooling in China

07/01/2016(0)
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 ... Read More
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