Bank of America Corporation
US stocks drop on Cyprus, weak earnings
Mar 21, 2013 16:54 EDT
US stocks fell Thursday, hit by uncertainty over the Cyprus banking crisis and some surprisingly weak corporate earnings.
Freddie Mac sues big banks over Libor rigging
Mar 20, 2013 13:00 EDT
US government-controlled mortgage giant Freddie Mac has sued more than a dozen of the world's biggest banks over losses from the alleged rigging of the Libor interest rate.
China names N. Korea, Japan expert as foreign minister
Mar 16, 2013 09:20 EDT
China's parliament on Saturday approved Wang Yi, a former envoy to North Korean nuclear talks and ambassador to Japan, as the country's new foreign minister as tensions run high in Northeast Asia.
Fed finds faults in Goldman, JPMorgan capital plans
Mar 14, 2013 18:06 EDT
The Federal Reserve on Thursday cited weaknesses in the capital programs of top banks Goldman Sachs and JPMorgan Chase, raising questions about their plans for dividends and share buybacks to reward investors.
S&P 500 flirts with record in bull market
Mar 14, 2013 16:50 EDT
The S&P 500 flirted with an all-time high Thursday as equity markets continued their upward march in the wake of strong labor data and bullish market sentiment.
UBS chief paid $9.0 mn in 2012
Mar 14, 2013 13:11 EDT
The head of Swiss banking giant UBS, Sergio Ermotti, was handed more 8.9 million Swiss francs ($9.3 million, 7.2 million euros) in salary and bonuses in 2012, according to the bank's annual report published Thursday.
China says bank lending shrank in February
Mar 11, 2013 03:42 EDT
Chinese banks cut back lending in February from January, official data showed, due to a tightening of liquidity and fewer working days last month because of the Lunar New Year holiday.
Google's star rises as Apple fades
Mar 09, 2013 13:32 EST
Google has retaken the role of superstar of the tech sector with a stunning stock rally as rival Apple flounders.
China inflation spikes, factory output growth slows
Mar 09, 2013 04:59 EST
Chinese inflation hit a 10-month high in February while growth in industrial production and retail sales slowed, official data showed on Saturday, complicating policymakers' efforts to boost recovery.
China inflation hits 10-month high
Mar 08, 2013 22:57 EST
Chinese inflation rose more than expected to hit a 10-month high in February, official data showed, as holiday season spending and rapid credit growth accelerated price rises.
Dow rise sets fresh high despite Fed report
Mar 06, 2013 16:41 EST
The Dow pushed to fresh highs Wednesday one day after notching an all-time record, even as the Federal Reserve said economic growth continued at a dull pace.
Dow index spikes to all-time record
Mar 05, 2013 10:31 EST
The Dow Jones Industrial Average surged to a new all-time high as trade opened Tuesday, surpassing the record set more than five years ago.
US stocks fall on weak economic data
Feb 21, 2013 17:09 EST
US stocks closed lower Thursday, hit by weak data on US manufacturing and a glum turn downward in the much-watched Markit purchasing managers index that suggested more recession in the eurozone.
Office Depot, OfficeMax announce merger
Feb 20, 2013 17:08 EST
Office Depot and OfficeMax announced Wednesday a merger to create an office-supplies retail giant better designed for an increasingly competitive retail landscape.
Dow hits fresh five-year high ahead of Obama speech
Feb 12, 2013 17:21 EST
The Dow blue-chip stock index climbed back above 14,000 to a fresh five-year high Tuesday as markets awaited President Barack Obama's State of the Union address.
US man charged in California car bomb plot
Feb 08, 2013 18:12 EST
The FBI arrested a California man on Friday after he tried to set off what he thought was a car bomb outside a bank, capping a months-long undercover sting operation, federal authorities said.
US stocks slump amid eurozone worries
Feb 04, 2013 16:56 EST
US stocks closed sharply lower Monday as signs of political instability in Italy and Spain renewed worries about the the eurozone's long-running public debt crisis.
Dow closes above 14,000 for first time since 2007
Feb 01, 2013 17:40 EST
US stocks rallied sharply Friday, with the Dow industrials closing above 14,000 for the first time since October 2007 following a positive US jobs report.
China manufacturing growth expands: surveys
Feb 01, 2013 06:13 EST
Manufacturing activity in China expanded in January, two separate surveys showed Friday, but they differed on whether the recovery was slowing or accelerating.
China PMIs indicate recovery
Feb 01, 2013 01:21 EST
Manufacturing activity in China expanded in January, two separate surveys showed Friday, but they differed on whether the recovery was slowing or accelerating.
Facts from the Wikipedia page:
 | |
| Type | Public NYSE: BAC TYO: 8648 |
|---|---|
| Founded | Bank of Italy (1904) NationsBank (1874) |
| Headquarters | Charlotte, NC, USA |
| Area served | Worldwide |
| Key people | Walter E. Massey Chairman of the Board Kenneth D. Lewis President and CEO [until December31] Brian Moynihan CEO [from January 1][1] |
| Industry | Banking Financial services Investment services |
| Products | Finance and insurance Consumer Banking Corporate Banking Investment Banking Investment Management Global Wealth Management Private Equity Mortgage Credit Cards |
| Revenue | ▼ $ 113.10 billion - 2008[2] |
| Net income | ▼ $ 4.00 billion - 2008[3] |
| Total assets | ▲ $ 2.25 trillion - 2009[4] |
| Total equity | ▲ $ 177.052 billion - 2008[5] |
| Employees | 282,408 - June 2009 |
| Divisions | List of Divisions |
| Website | BankOfAmerica.com |
